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98-P-003 Revised Garnishment Calculations (Supersedes 97-R-006)
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INFORMATIONAL CIRCULAR NO. 98-P-003 |
(Supersedes 97-r-006) |
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DATE: |
August 18, 1997 |
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SUBJECT: |
Revised Garnishment Calculations |
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EFFECTIVE DATE: |
September 1, 1997 |
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CONTACT: |
Payroll Services |
(785) 296-3146 |
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APPROVAL: |
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SUMMARY: |
Garnishment Calculation |
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Effective September 1, 1997, the Federal government mandated a minimum wage rate increase to $5.15 an hour. Due to this increase, the calculations for amounts subject to garnishment have changed. The guidelines listed below should be followed for calculating the garnishment withholdings on a biweekly basis:
- If the employee's disposable earnings are less than $309.00 for a biweekly pay period, pay the employee as if the employee's paycheck was not garnished.
- If the employee's disposable earnings are between $309.00 and $412.00 for a biweekly pay period, pay the employee $309.00.
- If the employee's disposable earnings are between $412.00 for a biweekly pay period, pay the employee 75% of the disposable earnings.
Regents are responsible for ensuring that these changes are reflected in all payroll checks issued on or after September 19, 1997 (i.e.; the payroll period 8/24/97-9/6/97).
SAM:JM:wem
