How are the Voluntary Retirement Savings Plan (VRSP) contributions I make changing?
VRSP contributions will be deducted in even amounts from each paycheck. Your per-paycheck deduction will be 50% of your current monthly deduction amount. Your remaining balance of your annual elected contribution amount will be deducted evenly from each paycheck for the remainder of the year. Please note: If you made a VRSP election prior to June 22, 2009, your deduction will be taken out monthly from your June 30, 2009 paycheck. Beginning with your July 15, 2009 paycheck, your deductions will be taken out semi-monthly. Any elections made after June 22, 2009, will be taken on a semi-monthly basis.
