Date:
06/09/2023Action:
RevisionComments:
Faculty are only able to modify their payment election prior to the first day of work of the new fiscal year. Any decision to modify annualized compensation must be made in writing and submitted to Academic Resources prior to the first day of work for the new fiscal year. The annualized compensation agreement will be automatically renewed each fiscal year without submission of a new pay option form unless there are changes in the annualized compensation program or related laws that require participant renewal.