Grant Buyout for Grant Buyout
Nine Month Employee Worksheet Nine Month Employee Worksheet
EPAF Labor Distribution Effort showing in ERS
Annual Salary $50,000.00 Annual Salary $50,000.00
Minus Stipend $0.00 Minus Stipend $0.00
Annual Salary $50,000.00 Annual Salary $50,000.00
Monthly Pay $4,166.67 9/12 Monthly $5,555.56
Semi-Monthly Pay $2,083.33 9/12 Semi Monthly $2,777.78
Reassigned Effort (% FTE) 50.000% Reassigned Effort (% FTE) 50.000%
Annual Salary Funded $25,000.00 Annual Salary Funded $25,000.00
Monthly Pay to be Reassigned $2,083.33 Monthly Pay to be Reassigned $2,777.78
Semi-Monthly Pay $1,041.67 Semi-Monthly Pay $1,388.89
Annual Salary 12 Annual Salary 12
% FTE for Grant 50.000% % FTE for Grant 50.000%
Semi-Monthly Distr. Amount for Grant $1,041.67 Semi-Monthly Distr. Amount for Grant $1,388.89
Annual Salary for Grant $25,000.00 Annual Salary for Grant $33,333.33
% FTE for State 50.000% % FTE for State 50.000%
Semi-Monthly Distr. Amount for State $1,041.67 Semi-Monthly Distr. Amount for State $1,388.89
Annual Salary for State $25,000.00 Annual Salary for State $16,666.67
Grant Buyout for Six Month Employee Worksheet
Part Time to Full Time Conversion
Annual Salary $7,500.00
FTE 0.5
Semester Salary $15,000.00
Buyout Calculation EPAF Percentage Check
Annual Salary $125,000.00 FTE Annual Salary Percentage
Minus Stipend 0.00%
Adjusted Salary $125,000.00 0.00%
Monthly Pay $20,833.33 0.00%
Semi-Monthly Pay $10,416.67 0.05 $6,000.00 5.00%
0.55 $66,000.00 55.00%
Reassigned Effort (% FTE) 15.00% 0.25 $30,000.00 25.00%
Annual Salary Funded $18,750.00 0.15 $18,000.00 15.00%
Monthly Pay to be Reassigned $3,125.00 0.00%
Semi-Monthly Pay $1,562.50 1.00 $120,000.00 100.00%
Annual Salary 12
% FTE for Grant 15.000%
Semi-Monthly Distr. Amount for Grant $1,562.50
Annual Salary for Grant $37,500.00
% FTE for State 85.000%
Semi-Monthly Distr. Amount for State $8,854.17
Annual Salary for State $87,500.00
Check $125,000.00
Expenditure Check
No. Pays
FTE Semi-Mo Pay 12 Total
0.00 $0.00 12 $0.00
0.00 $0.00 12 $0.00
0.00 $0.00 12 $0.00
0.05 $250.00 12 $3,000.00
0.55 $2,750.00 12 $33,000.00
0.25 $1,250.00 12 $15,000.00
0.15 $750.00 12 $9,000.00
0.00 $1,562.50 12 $18,750.00
1.00 $6,562.50 $78,750.00
Grant Buyout
Nine Month Employee Worksheet
***Only change figures highlighted in yellow.
Annual Salary $85,536.00
Minus Stipend $0.00
Annual Salary $85,536.00
9/12 Monthly $9,504.00
9/12 Semi Monthly $4,752.00
Reassigned Effort (% FTE) 25.000%
Annual Salary Funded $21,384.00
Monthly Pay to be Reassigned $2,376.00
Semi-Monthly Pay $1,188.00
Section 5:
Annual Salary 12
% FTE for Grant 25.000%
Semi-Monthly Distr. Amount for Grant $1,188.00
Annualized $28,512.00
% FTE for State 75.000%
Semi-Monthly Distr. Amount for State $3,564.00
Annual Salary for State $57,024.00
Grant Buyout
Nine Month Employee Worksheet
***Only change figures highlighted in yellow.
Annual Salary $44,795.00
10/12 Monthly $3,732.92
10/12 Semi Monthly $1,866.46
Reassigned Effort (% FTE) 100.000%
Annual Salary Funded $44,795.00
Monthly Pay to be Reassigned $8,959.00
Semi-Monthly Pay $2,239.75
Section 5:
Annual Salary 12
% FTE for Grant 100.000%
Semi-Monthly Distr. Amount for Grant $2,239.75
Annualized $53,754.00
% FTE for State 0.000%
Semi-Monthly Distr. Amount for State -$373.29
Annual Salary for State -$8,959.00
Grant Buyout for Twelve Month Employee Worksheet
Part Time to Full Time Conversion
Annual Salary
FTE
Full time Salary #DIV/0!
Buyout Calculation EPAF Percentage Check Expenditure Check
No. Pays
Annual Salary $70,954.00 FTE Annual Salary Percentage FTE Semi-Mo Pay 12 Total
Minus Stipend $0.00 0.2 $14,191.00 40.00% 0.20 $591.29 12 $7,095.50
Adjusted Salary $70,954.00 0.3 $21,286.00 60.00% 0.30 $886.92 12 $10,643.00
Monthly Pay $5,912.83 0.00% 0.00 $0.00 12 $0.00
Semi-Monthly Pay $2,956.42 0.00% 0.00 $0.00 12 $0.00
0.00% 0.00 $0.00 12 $0.00
Reassigned Effort (% FTE) 50.00% 0.00% 0.00 $0.00 12 $0.00
Annual Salary Funded $35,477.00 0.00% 0.00 $0.00 12 $0.00
Monthly Pay to be Reassigned $2,956.42 0.00% 0.00 $0.00 12 $0.00
Semi-Monthly Pay $1,478.21 0.500 $35,477.00 100.00% 0.50 $1,478.21 $17,738.50
Annual Salary 12
% FTE for Grant 50.000%
Semi-Monthly Distr. Amount for Grant $1,478.21
Annual Salary for Grant $35,477.00
% FTE for State 50.000%
Semi-Monthly Distr. Amount for State $1,478.21
Annual Salary for State $35,477.00
Check $70,954.00
Summer Pay Employee Worksheet
Annual Salary $50,000.00 EPAF Percentage Check Expenditure Check
Minus Stipend $0.00 No. Pays
Adjusted Annual Salary $50,000.00 FTE Supplemental Pay Percentage FTE Special Rate 2 Total
Monthly Pay $5,555.56 0.25 $1,388.89 50.00% 0.25 $694.45 2 $1,388.89
Semi-Monthly Pay $2,777.78 0.25 $1,388.89 50.00% 0.25 $694.45 2 $1,388.89
0.00% 0.00 $0.00 2 $0.00
Reassigned Effort (% FTE) 25% 0.00% 0.00 $0.00 2 $0.00
Annual Salary Funded $12,500.00 0.00% 0.00 $0.00 2 $0.00
Monthly Pay to be Reassigned $1,388.89 0.00% 0.00 $0.00 2 $0.00
Semi-Monthly Pay $694.44 0.00% 0.00 $0.00 2 $0.00
0.00% 0.00 $0.00 2 $0.00
# of Working Months 1 0.500 $2,777.78 100.00% 0.50 $1,388.89 $2,777.78
Amount of Supplemental Pay (Summer) $1,388.89
Number of Pays 2
Special Rate $694.44
Rules
133% $66,500.00
Yearly Allowable $16,500.00
Monthly Pay Allowable $5,541.67
Total Allowable on Request $5,541.67
Funds from Additional Pay Source
Total request for pay $2,777.78
Available to Earn $13,722.22
***Only change figures highlighted in yellow.