Benefit deduction: Reminder for 10-month employees (faculty and staff)
Benefit deduction: Reminder for 10-month employees (faculty and staff)
A friendly reminder for 10-month employees (faculty and staff, paid monthly and bi-weekly): January through May you will notice what appears to be an increase in your benefit deduction amounts.
Georgia College & State University's 10-month employees work approximately Aug. 1 through May 31. The months of June and July are taken off unpaid, but benefit coverage for these positions are year-round. Standard premiums are taken out of each pay check from August through December. Since no payment is dispersed for June and July, no premiums are deducted during these months. On your pay stub beginning in January, it may appear that a "higher premium" is taken out of your paychecks from January through May, but this is only because you are paying for 7 months of premiums (January-July) over the span of five months (January-May). We call this the 7/5 split for our monthly paid 10-month employees, and the 14/10 split for our bi-weekly paid 10-month employees.
If a 10-month contract employee terminates employment at the end of the academic year (May), benefit deductions for the months of June and July will be refunded to the employee and existing benefits coverage would end at the end of May. Health and dental benefits would then be available under COBRA beginning in June. Only when an employee's contract is scheduled for renewal for the next academic year is the employee allowed to continue benefits during the months of June and July.