NYS Comptroller Seal

 

Bureau of State Payroll Services

 

  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.
Affected Employees

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.

Effective
Date
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.

Earnings Begin Date:    

Enter the last date of pay period for Active employees or the last date the employee was in Active status for inactive employees.

Earnings End Date:       

Enter the last date of pay period for Active employees or the last date the employee was in Active status for inactive employees.

Earnings Code:               HBB
Amount: Amount designated on the Buy Out Waiver listing.
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.