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Payroll Online Service Center (POSC)

News release effective March 25, 2014

April 1st, Increments

Effective April 1, 2014 all positions verified to us by the Department of Budget and Management, will receive an in-grade single step increase. (i.e. If you are currently @ Grade 10 Step 3 and you are verified by DBM to receive the April increment, your new salary will be Grade 10 step 4).

Effect of the April 1 Increments on employee pay checks 

Your pay check dated 4/9/14 will only include one day (4/1/14) at your new rate. Your new salary (full amount) will be reflected starting with your pay check dated 4/23/14.

Health Holiday Announcement

The Department of Budget and Management has announced its approval for FY 14 employee Health Holidays during the month of April 2014. Bi-weekly employees will receive (2) Health Holidays and monthly employees will receive (1). Simply put, THIS MEANS MORE MONEY IN YOUR POCKET, as no health deductions (dental, medical and prescription) will be taken from employee pay checks for these Health Holidays.

Schedule for Health Holiday Skips

For our REGULAR bi-weekly employees, paychecks dated 4/9/14 and 4/23/14 will have no health deductions (dental, medical and prescription) taken. For our UNIVERSITY OF MARYLAND employees, paychecks dated 4/11/14 and 4/25/14 will have no health deductions taken. For our MONTHLY employees, the paycheck dated 4/30/14 will have no health deductions taken.

Addition Health Deduction Skips

Since April 2014 has (3) pay period ending dates for REGULAR bi-weekly employees, all health deductions (dental, medical, prescription, term life, AD&D, Flex Spending and Long Term care) will be skipped for the pay period ending date 4/29/14. This means MORE MONEY IN YOUR CHECK dated 5/7/14.

YES, for REGULAR bi-weekly employees this means (3) back to back pay days with no or limited health deductions taken!!!!!

This same type of health deduction skip (3rd pay of the month) will occur for our University of Maryland employees on their pay period ending date of 5/31/14, giving MORE MONEY IN THEIR CHECKS dated 6/6/14.

General Assembly News

Central Payroll is still waiting for confirmation on the approval for July 2014 & January 2015 increments and the 2% COLA scheduled for January 2015. Stay tuned!!!!!

 

Thank You

Robert Murphy, Director
 



 
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