Pay off Contract by tdh93591

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									                                     AUTOMATED PAY OFF for
                                      11 MONTH / 12 PAY ONLY
                                           Computation of Salary for STRS Employees


  School District

  Employee's Name

  Social Security Number

  Termination Date                                                       Payroll Date of Last Check


  Computation of contract when a STRS employee terminates prior to the close of the school term:

    1)    Annual salary for the position ( if the employee worked the full year)                                       68,000.00
                                                                                                                             (Input)

    2)    Total number of duty days in the school term (FTE Days)                                                            183
                                                                                                                             (Input)

    3)    Total duty days this employee worked                                                                               100
                                                                                                                             (Input)

    4)    Total salary earned ( line 1 divided by line 2 ) x line 3 =                                                  37,158.47
                                                                                                                 (Automatic - DO NOT INPUT)

    5)    Salary paid to date (subject to STRS --- Use the Pay 830 for totals)                                         24,500.00
                                                                                                                             (Input)

    6)    Salary to be paid on the final payroll ( line 4 - line 5 )                                                   12,658.47
                                                                                                                 (Automatic - DO NOT INPUT)

  IF PAID ON PAY SCHEDULE, COMPLETE ITEMS 7 - 10

    7)    Salary earned to date as reported to STRS ( line 5 x 1.090909 conversion )                                   26,727.27                    If this line
                                                                                                                 (Automatic - DO NOT INPUT)        is negative,
    8)    Salary to be paid on last payroll subject to STRS ( line 4 - line 7 )                                        10,431.20                 Vicki Lueck must
          (This amount has been converted, so it must be unconverted to continue)                                (Automatic - DO NOT INPUT)         adj report
                                                                                                                                                    Pay from
    9)    Payline subject to STRS ( line 8 divided by 1.090909 conversion) unconverted                                  9,561.93                     line 6
          (Amount to be paid on final payroll)                                                                   (Automatic - DO NOT INPUT)         NO STRS

    10) Payline not subject to STRS ( line 6 - line 9 )                                                                 3,096.54
        (Additional amount to be paid on final payroll)                                                          (Automatic - DO NOT INPUT)

    11) Line 9 + line 10 must equal line 6                                                                             12,658.47
                                                                                                                 (Automatic - DO NOT INPUT)


  IF PAID ON DEFERRED PAY SCHEDULE, CONTACT YOUR PAYROLL SUPPORT TECHNICIAN FOR ASSISTANCE
NOTE: A certificated employee whose service is for a complete semester shall be paid not less than 1/2 of the annual salary for that position.

								
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