Optional life and health insurance deductions must be collected during each semi-monthly pay cycle. Nonannual employees, with either academic or cyclic appointments, are not paid every semi-monthly pay cycle. Most academic employees have a nonwork period from May 16 through August 15, 2002. Cyclic employees also have a nonwork period during the summer. Both academic and cyclic employees will have the optional life and health premiums deducted from their last academic year payment and it will be remitted to the carrier in order for coverage to be continued through the nonwork period.
Most nine-month academic employees will receive their last academic year salary payment on the May 24th pay date. To continue the coverage during the nonwork period appointment, additional optional life and health premiums will be deducted from this payment.
For example, if you are an academic employee whose nonwork period appointment begins May 16th and you are enrolled in the Uniform medical Plan for yourself and your spouse, your usual insurance deduction is $30.00 a paycheck. This health insurance deduction will increase by $180.00 (six pay cycles multiplied by $30.00) for a total deduction of $210.00 (the current pay cycle deduction plus the six nonwork period deductions). Similarly, if your optional life insurance deduction was $20.00 per pay cycle, you will see this deduction increase by $120.00 (six pay cycles multiplied by $20.00) for a total life insurance deduction of $140.00. If your nonwork period is less than six pay cycles, then the increased cost of your life and health deduction will be based on fewer paycycles than the above example.
Reminder of Changes
to Earnings Statements Distribution
As in past years, academic faculty and graduate assistants who continue to work during the summer period will have their earnings statements mailed to their home addresses for the period May 24, 2002 through August 9, 2002.
“Faculty and graduate assistants who teach during the summer may teach anywhere from 1 to 8 weeks, and they may not be in their regular offices,” explained Barry Johnston, Director, Business Services/Controller. “Therefore, we will send their earnings statements to their homes.”
All employees not mentioned above will continue to receive their earnings statements at their home departments throughout the summer.