Method and Time of Salary Payment. 1. Covered employees shall receive their pay on alternate Fridays. Each employee shall have the option of receiving his/her annual salary on a pro rata basis over 52 weeks with 26 equal payments or to receive his/her salary calculated on the same pro rata basis through 22 equal payments, but with a lump sum payment to the employee for summer pay on the first pay day after July 1 of each year. Each newly hired employee shall make the selection of an option prior to receipt of his/her first paycheck of the year. Each established employee shall notify the Business Office of change in selection prior to August 1 of the year in which the change is to become effective. If no notification is made to the Business Office, the employee shall be paid on the basis of his/her last request or, where no request exists, in 26 equal payments.
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Samples: nh.aft.org, www.nh.gov, www.nh.gov
