Change in health deductions for end of fiscal year
June 27th, 2012
If you are enrolled in our medical, dental, vision, flexible spending account or other health plans and are paid on a biweekly basis, the university deducts your premiums evenly over the 26 pay cycles each year. Fiscal year 2011-2012 is from July 1, 2011, to June 30, 2012, and has 27 pay cycles.
As a result of this extra pay cycle, biweekly staff members will not have premiums deducted from the last paycheck of this current fiscal year paid on June 29 for work performed between June 9 and June 22. Contributions to the retirement plan will continue uninterrupted. The new premiums for fiscal year 2012-2013 will begin in the July 13 paycheck.
Please call 758-4700 or email AskHR@wfu.edu with any questions.