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Payroll Deduction Error

Guest Kathy2006

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Guest Kathy2006

Former administrator erred in calculation of amount to be deducted from employees' pay due to a paydate for a 2006 payroll period falling on Jan. 2, 2007. This has shorted employees' 403(b) supplemental contributions by one full pay period. (For those electing maximum $15,000, amount short is $576.90). Current adminstrator stated nothing can be done. Is this correct?

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