You may have noticed that there are 27 bi-weekly pays in 2015 instead of the normal 26. This phenomenon only occurs every seven years. Since our benefits are calculated on 26 pays, the following benefits will not be deducted from your pay on December 31st:
- Medical Premium
- Dental Premium
- Vision Premium
- HSA Deductions
- FSA Deductions
- Supplemental Life and AD&D Premiums
- Gym Membership Deduction
Your 403(b) deferrals will continue to be deducted for the 27th pay so that you will receive the College match.
Please let me know if you have any questions.
Have a great holiday!