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How will the exclusion for extramural funds be applied?

April 26, 2017applied exclusion Extramural funds

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How will the exclusion for extramural funds be applied?

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Compensation that is 100 percent funded from extramural funds is excluded from the Plan. For those with salaries that are partially funded from extramural funds, the exclusion will apply to that portion of their salary. To the extent an individual has a partial component of their salary reduced, they will also receive the corresponding proportional share of furlough days/hours.