Guest Carolyn Barnard Posted May 4, 2001 Posted May 4, 2001 When do deductions cease if a participant has a change in status in the middle of a pay period? For example, if they terminated April 3, does the April 30 payroll have to include their deduction, or can it be stopped as of the March 31 pay period?
Mary C Posted May 4, 2001 Posted May 4, 2001 Check your summary plan description. We run ours till the end of the pay period.
SLuskin Posted May 7, 2001 Posted May 7, 2001 Also, you have to make sure that nothing is retroactive. We make it the pay period following the date on their change of status form. If they terminate employment, it is the paydate following termination.
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