|DATE:||June 20, 2001|
|SUBJECT:||New Payroll Deduction Codes for Parking - Governmental Ethics Commission|
|EFFECTIVE DATE:||Payroll Period Beginning June 10, 2001 and Ending June 23, 2001, Paid July 6, 2001|
|CONTACT:||Roger Basinger||(785) 296-5387||(firstname.lastname@example.org)|
|SUMMARY:||Addition of New Parking Deduction Codes PPKA05 and APKA05|
To facilitate a parking lease recently entered into by the Governmental Ethics Commission for employees of their agency who park in the garage located near 9th and Quincy in Topeka, payroll deduction codes PPKA05 (pre-tax parking) and APKA05 (after-tax parking) have been added to SHaRP effective June 10, 2001. The employee deduction will be $20.77 per bi-weekly payroll period. The employer rate, payroll deduction code PKAD05 (which is already established), will be $1.59 (.0765 X $20.77) per 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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