|Date: June 10, 2004||Bulletin No. CU-202|
|Subject||CUNY Buy Out Waiver Program - Payment Cycle 1/1/04-6/30/04|
|Purpose||To explain agency procedures for entering payments into the Time Entry page.|
CUNY employees who elect to participate in the Buy Out Waiver Program and who are designated on the Buy Out Waiver Listing submitted by the CUNY University Benefits Office.
|Payment will be included in the employee's regular paycheck or direct deposit advice dated July 8, 2004, Pay Period 7C.|
|Agency Payment Processing Instructions||
To pay eligible employees, use the Earn Code HBB and enter the following information on the Time Entry page. The maximum payment is $500.00.
|Payroll Register and Employee's Paycheck/Advice||The Earn Code HBB and the amount paid will be displayed on the payroll register. The earnings description “HB Buyout” and the amount will appear on the employee's paycheck or direct deposit advice.|
|Questions||Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office.|