Twelve-month pay program available for UND employees
For the 2009-10 academic year, contract employees that meet all of the following criteria are eligible to be paid over 12 months:
1.Benefited
2.Employed a minimum of one year at the start of the academic year and not on probation
3.Not planning to terminate employment prior to the end of the 12 month period following the contract start date
4.Base salary is not funded by any grants or contracts during the contract period
5.Academic year base salary less than $148,500
If you choose to participate in the twelve-month pay program, you agree to the receipt of your contracted salary over 24 pay dates. For example: Employees working from Aug. 16 - May 15 would receive paychecks starting Sept. 15 and continuing for the next year. If your contract dates are different, the payments would start with your first scheduled check and continue for the next year. Pay dates remain semi-monthly. Your payments would be 1/24 of your contracted salary each pay day. Any additional payments (such as summer school, continuing education, etc.) would be added to your check according to the pay period it was earned.
Your participation in this program is voluntary and will continue for one year from the start of your contract. Renewals will be automatic, unless you notify the Payroll Office in writing, 15 days prior to the start of your contract. So, employees that were in the program this year do not have to respond, unless they do not want to be in the program next year.
If you are eligible and wish to start participating in the Twelve Month Pay program or if you want to discontinue participation, please print and complete the Twelve Month Payment Request form located on the Payroll website at: http://www.und.edu/dept/payroll/html/forms.htm#general, make a copy for your records and return this form to the Payroll Office no later than 15 days prior to the start of your new contract period.
IMPORTANT NOTICE: Per IRS regulations, an employee's election to be paid over twelve months is irrevocable with respect to the remainder of the twelve month period. This means that if you sign up for payment over twelve months, or allow your election to automatically renew, we are not allowed to let you change that payment schedule during the next year.
-- Patricia Hanson, Director of Payroll, Payroll, pathanson@mail.und.edu, 777-4228 |