Payroll FAQs
Frequently asked questions are arranged by major subject area. This section is currently under development and will continue to expand as we add questions and answers in each subject area.
Q.
What is meant by "lag" payroll?
Q. What deductions can I expect to come out of my paycheck?
Q. How is my biweekly pay calculated?
Q. What is meant by "lag" payroll?
A. All University State employees are paid on a biweekly lag basis. This means that you are paid for a two week pay period (beginning on a Thursday through the second Wednesday) two weeks after the conclusion of that pay period (exception: hourly employees are paid three weeks after conclusion of a pay period). Pay Schedules Therefore, it may take up to four weeks from your date of hire to receive you first check. You will also continue to received checks after you separate from service until the lag is paid out.
Example: Payperiod: 11/6/03-11/19/03
Whether you work the entire period or one day during this time, payment
will be made on 12/3/03 (two weeks after the conclusion of the period).
Q. What deductions can I expect to come out of my paycheck?
A. Deductions include the following:
Mandatory
Federal and State taxes (as applicable)
FICA Tax (up to max. salary $87,900 for 2003)
Social Security - 6.2% of salary
Medicare - 1.45% of salary
(note: students while enrolled in classes and certain non-resident aliens are exempt)
Retirement contributions (new, fulltime employees) - 3% of salary
Union dues or agency shop fee- if position is represented by CSEA, UUP, PEF, Council 82, NYSCOPBA, GSEU (membership not mandatory)
Optional
Health Insurance
Tax Deferred Savings Plan
Flex Spending Account
NYS College Savings Plan
Personal Insurance Through Union
Q. How is my biweekly pay calculated?
A. Gross biweekly pay is calculated as follows:
A pay period is 14 calendar days. 14 divided by 365 days (14/365) = .038356 (payroll factor) or 14/366 = .038251 in a leap year.
.038356 x annual salary = biweekly gross pay
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