Premium Deductions for Summer Months for 9-Month Faculty on the 18-Pay Cycle

Benefit deductions for 9-month 18-pay faculty are not deducted from any summer pay. Therefore, to ensure continuation of benefits and the collection of premiums due for the summer months, premiums for both May and June will be collected in the May 1 to May 15 pay period for the May 16 pay date. These additional deductions will be processed for all 9-month 18-pay faculty participating in Health Coverage, Optional Group Life and other miscellaneous voluntary benefits. Premiums due for the months of July and August will be collected in the pay period August 16 to August 31 for the September 1 pay date.

The following are important points to remember regarding the deduction of these additional premiums:

  • Benefit deductions are not deducted from any summer pay.
  • Additional deductions for 403-b and 457 accounts will not occur.
  • Coding on pay stubs for applicable benefit programs are represented as follows:

    Health Care premiums:  Pretax Hlth Care
    b. Optional Life premiums:  Optional Grp Life
    c. Other Voluntary benefits:  Misc Insurance

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