How much is pay reduced during the furlough period?
The annual salary for work performed during the fiscal year ending June 30, 2010 is reduced by 9.23%. • 12 month faculty and staff: Since the furlough period does not begin until August 1st, and the reduction is spread evenly across the last 11 monthly pay periods, employees will see a 10% reduction in gross pay during those months. • Academic year faculty: Academic year faculty are paid for fall and spring teaching starting in September through the following August. Therefore, their gross pay will be reduced by 9.23% over those 12 months starting in September 2009.
Related Questions
- When I leave, will all of my final pay (including vacation pay-out) be reduced by my furlough reduction? If my vacation payout is reduced, will it be based on my pre or post furlough rate?
- Can the loss of pay for the furlough days be spread out between now and June 30, 2010 or will my pay be reduced during the pay period in which I am required to be furloughed?
- Can the loss of pay for the eight furlough days be spread out between now and June 30, 2010 or will my pay be reduced during the pay period in which I take the furlough day(s)?
