02-P-023 New Payroll Deduction Codes for Parking - Signature Building Garage - Agreement with Board of Accountancy
Posted on October 21, 2021 at 12:50 PM by Kansas Department of Administration
|DATE:||December 5, 2001|
|SUBJECT:||New Payroll Deduction Codes for Parking - Signature Building Garage - Agreement with Board of Accountancy|
|EFFECTIVE DATE:||Payroll Period Beginning November 25, 2001 and Ending December 8, 2001, Paid December 21, 2001|
|CONTACT:||Roger Basinger||(785) 296-5387||(firstname.lastname@example.org)|
|SUMMARY:||Addition of New Parking Deduction Codes PPKT11 and PKAD08|
To facilitate the collection of parking fees due to an agreement with the Board of Accountancy, payroll deduction codes PPKT11 (pre-tax parking) and PKAD08 (employer rate) have been added to SHARP effective November 25, 2001. Payroll deduction codes PPKT11 and PKAD08 are to be used for Board of Accountancy employees who park in surface Lot 1. The deduction amounts for PPKT11 and PKAD08 are $2.31 and $0.18 ($2.31 X .0765) per bi-weekly payroll period. For Board of Accountancy employees who park in the Signature Garage, payroll deduction codes PPKT10 and PKAD07 (employer rate) should be used. The deduction amounts for PPKT10 and PKAD07 are $10.38 and $0.79 ($10.38 X .0765) per bi-weekly payroll period.
The Division of Accounts and Reports, Payroll Systems Team will make the necessary updates to the SHARP payroll system to effect this change for all employees for whom SHARP calculates pay. Regent's institutions are responsible for ensuring that this change is made in their individual systems.
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