CUNY Bulletin No. CU-166

Subject
CUNY Buy Out Waiver Program - 7/1/2002-12/31/2002 Payment Cycle
Date Issued
December 20, 2002

Purpose

To explain Agency procedures to enter payments into the Time Entry panel.

Eligible Employees

CUNY employees who elect to participate in the Buy Out Waiver program and who are designated on the Buy Out Waiver Listing submitted by the CUNY University Benefits Office

Effective Date

Payment will be included in the employee's regular paycheck or advice dated January 9, 2003, 19L/20C

Agency Payment Processing Instructions

To pay eligible employees, use the earnings code HBB and enter the following information through the Time Entry panel. The maximum payment is $500.

Earnings Begin Date: Enter the last date of pay period
Earnings End Date: Enter the last date of pay period
Earnings Code: HBB
Amount: Amount designated by Buy Out Waiver listing

Payroll Register and Employee's Paycheck/Advice

The earn code HBB and the amount paid will be displayed on the payroll register. The earnings description "HB Buyout" and the amount will appear on the employee's paycheck or advice.

Questions

Questions regarding this bulletin may be directed to the University Manager of Payroll Systems and Operations at CUNY Central Office.