Common use of Payroll Schedule Clause in Contracts

Payroll Schedule. A. Beginning with the 2015-2016 school year, there will be twenty-four pays per contract year. Regular scheduled pays will be on the fifth (5th) and twentieth (20th) of each month. When the regular pay date falls on a Saturday, Sunday or holiday, automatic deposits will occur on the business day immediately preceding the weekend or holiday. B. Direct automatic payroll deposit will be required of all bargaining unit members. Bargaining unit members shall authorize direct deposit to an applicable banking institution. Once authorized, direct deposit shall not be altered unless there is a change in marital status, relocation or bank change. To implement a direct deposit change, thirty

Payroll Schedule. A. Beginning with the 2015-2016 school year, there will be twenty-four pays per contract year. Regular scheduled pays will be on the fifth (5th) and twentieth (20th) of each month. When the regular pay date falls on a Saturday, Sunday or holiday, automatic deposits will occur on the business day immediately preceding the weekend or holiday. B. Direct automatic payroll deposit will be required of all bargaining unit members. Bargaining unit members shall authorize direct deposit to an applicable banking institution. Once authorized, direct deposit shall not be altered unless there is a change in marital status, relocation or bank change. To implement a direct deposit change, thirtythirty (30) days advance written notice to the Treasurer shall be required. Direct deposit for a bargaining unit member shall be made to only one bank and one account.