Do teachers receive paychecks during the summer?
Each teacher has a choice to elect deferred or nondeferred payments during the year. Teachers who elect deferred pay can choose to have the percentage amount they want deferred from the gross contract salary/196-day pay. These options are 11%, 12%, 13% or 14%, which are calculated from the gross wages each pay period and deducted from the net paycheck. This means that at the end of the fiscal year, the employee will receive one paycheck, for the deferred deduction, with no taxes deducted and no payroll deductions. Employees may change their status one time each fiscal year. This change may be to enroll, drop or change the plan option.