University Implements Change Regarding Retirees and Holiday Pay - 09/23/08
Recently, an issue regarding holiday pay for employees after they have separated from the University has led to a review and a policy change. Accordingly, effective Oct. 1, 2008, official retirees will not receive holiday pay for holidays that occur after their separation dates.
For example, if an employee officially retires Wednesday, Nov. 26, no payment will be made for the Thanksgiving holidays that occur on Nov. 27 and 28. Employees who retire at the end of the 2008 calendar year -- Wednesday Dec. 31, 2008 –- will receive no pay for the Jan. 1 and 2, 2009, holidays.
It is important to remember that if PERF-eligible employees move their retirement dates into January 2009, the first PERF payment will be delayed until February 2009.
Also, no employee, including official retirees, may use vacation to extend a separation date.
Since the implementation of OnePurdue, Human Resource Services has reviewed pay practices and pay policies to ensure they are appropriate and can be applied consistently through OnePurdue processes.
For more information, please contact Deb Turner at 494-0097 or Teresa Wesner at 494-9514.