If I do not pay the entire amount owed in a lump-sum or charges to Leave Balances upon my return, how soon will payroll deductions commence?
Payroll deductions in the amount equal to 7.5% of your gross base City salary on the date of enactment of New York State Military Law, section 242(5a) (November 5, 2008) or 7.5% of your gross base City salary on the date of return to City service, whichever is later, will begin no later than two weeks from the date you are sent your Employee Repayment Plan Selection and Agreement form.
Related Questions
- I’d like to pay the entire amount I owe right after I return, and I’d like to use a combination of charges to Leave Balances and a lump-sum payment. How much time do I have to submit the lump sum?
- Does the enrollment contract oblige the student to pay the entire program fee even if he/she decides to leave before taking all the courses?
- If I do not pay the entire amount owed in a lump-sum or charges to Leave Balances upon my return, how soon will payroll deductions commence?
