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Date: January 14, 2000 |
Bulletin No. 145 |
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| Subject | New Earnings Code - ‘RCN’ Retroactive Contract Pay Adjustment | |||||||||||||||||||||
| Purpose | To explain automatic processing of retroactive adjustments for closed contract periods | |||||||||||||||||||||
| Affected Employees | Employees with Pay Basis Code 21P who have adjustments for a closed contract period. | |||||||||||||||||||||
| Effective Date | Immediately | |||||||||||||||||||||
| Automatic Processing Information |
When a change occurs (Salary Change,
Part Time Percentage Change, Leaves, etc.) that affects the amount an
employee should have been paid for a closed contract period, the adjustment
will automatically be calculated and displayed by the system. The adjustment
will show in the employee’s Time Entry record with the Earn Code "RCN".
The Earnings Begin Bate will be the Contract Begin Date and the Earnings End Date will be the Contract End Date. If the employee was in more than one department during the contract period being adjusted, the adjustment will show in the employee’s Time Entry record for the department the employee was in on the Contract End Date. Example: Rows on Contract Pay Panel:
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| Payroll Register and Employee’s Check/Advice | The Earn Code RCN and the adjustment amount will be displayed on the payroll register and the employee’s check or direct deposit advice. | |||||||||||||||||||||
| For Additional Information | Questions regarding this bulletin may be directed to the Payroll Audit mailbox. | |||||||||||||||||||||