Francis Howell School District - Accredited with Distinction in Performance

 

PERSONNEL SERVICES  Policy 4520 GE
 
Compensation   
   
Salary Deductions 
   

Withholding Taxes
A Federal withholding tax is retained for the Collector of Internal Revenue as payment on Federal Income Tax for the current year. The amount withheld is determined by salary and the number of dependents. No salary check will be issued until all withholding forms are submitted.

A State withholding tax is retained for the Missouri Department of Revenue. The amount withheld is determined in the same manner as the Federal Income Tax. Employees may authorize additional sums to be withheld by notifying the payroll department in writing and completing a new W 4 form indicating the additional amount to be withheld each pay period. No salary checks will be issued until all withholding forms are submitted.

Public School Retirement System (PSRS) of Missouri
All full time teachers and part-time teachers who work seventeen (17) hours or more per week are members of PSRS. Support employees with a teaching certificate are also eligible for membership in PSRS.

Public Education Employee Retirement System (PEERS)
All support employees who work twenty (20) hours or more per week are members of PEERS and are also covered by Social Security.

Insurance Payments
Insurance payments due from employees will be deducted from both pay checks each month.

Credit Union and Tax Sheltered Annuities
Credit Union and Tax Sheltered Annuities will be deducted under the terms of the respective contracts.

Employee Authorization
Upon submission of written authorization, the Board shall make payroll deductions for approved annuities, credit unions, dependentsí insurance, Association dues (for bargaining unit employees), and other plans approved by the Board. Deductions shall continue from year to year unless revoked in writing. Revocation of deduction shall become effective ten (10) working days after submission of a written request.

Approved payroll deductions shall be deducted in equal installments from each paycheck. The District will forward such monies deducted to the proper agency in a timely manner.


August 2003
October 2011