Paystub Illustration


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PAYCHECK STUB ILLUSTRATION


UNDERSTANDING THE PAYCHECK STUB

1. Employee's Social Security Number.
2. Employee's name.
3. Pay period and check date.
4. REGULAR - regular semi-monthly pay rate (annual salary divided by 24 pay periods).
5. IMPLIFE - imputed life insurance (if life insurance amount is over $50,000, this amount is reported as taxable).
6. FED TAX - Federal income tax withheld (based on current earnings).
7. OASDI - Old Age Survivors Disability Insurance: disability portion of social security (6.2% of current earnings).
8. HI - Medicare portion of social security (1.45% of current earnings).
9. VA TAX - State of Virginia tax withheld (based on current earnings).
10. PRM CONV - health insurance premium.
11. POST TAX - optional disability insurance.
12. USBONDS - optional benifit to purchase United States Bond Certificates.
13. DDCHKING - direct deposit into employee's bank account.
14. VACU - optional state employee credit union.
15. PRE TAX - optional tax sheltered annuity.
16. CVC - optional charitable contribution.
17. DEBITCRD - optional Radford University debit card.
18. SSPLMNT - salary supplement (for employees who completed work for the University other than their salary contract agreement).
19. SUMSCHL - earnings for summer school teaching.

*Note that all amounts in the Year-to-Date columns are total amounts for that particular deduction for the current calendar year.

**Note that leave balances are not currently being reported on the paycheck stub.


Radford University does not discriminate with regard to race, color, sex, sexual orientation, disability, age, veteran status, national origin, religion, or political affiliation in the administration of its educational programs, activities, admission or employment practices. Inquiries may be directed to the Director of Human Resources at P.O. Box 6889, 704 Clement Street. Telephone: voice (540) 831-5008; hearing impaired (540) 831-5128.


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Last Modified -- Thursday April 16, 2009 01:26:20 PM