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Staff/Staff Dependent/ Staff Spouse Fee Remissions Charge Rates to Change - 02/7/13

Effective 2/1/2013 there will be an increase in the staff, staff dependent and staff spouse fee remission charge rates.   

Current rate:
Staff Charge Rate - .0008 per $1 of Salary Staff Dependent/Spouse Charge Rate - .0060 per $1 of Salary Total - .0068 per $1 of Salary

New Rate:
Staff Charge Rate - .0010 per $1 of Salary Staff Dependent/Spouse Charge Rate - .0062 per $1 of Salary Total  - .0072 per $1 of Salary.

This new rate was approved upon the completion of the annual review.

The new rates went into effect for biweekly paid staff wtih BW pay period 04 2013 which began 01/28/2013.

The new rates went into effect for monthly paid staff (both AY and FY) with pay period 02 2013 which began 02/1/2013.

please contact Patty Whaley in Managerial Accounting Services 49-40392 with any questions.


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