Payroll Facts

Agency Code (FSU) - 360226

Biweekly Rate (Regular Payroll Non-Faculty) = Annual Salary/365 (days in a year) x 14 (days in a pay period)

Biweekly Rate(Regular Payroll Non-Faculty) Leap Year = Annual Salary/366 (days in a year) x 14 (days in a pay period)

Biweekly Rate (Regular Faculty) = Annual Salary/26 or 21

Disencumber - subtract funds from a contract

Encumber - add funds to a contract

FICA exempt student status - attempting 6 or more credits in Spring and Fall
FICA exempt student status - attempting 3 or more credits in Intersession and Summer

FICA Rate - 7.65%

Maximum social security earnings for 2008 - $102,000
Maximum social security earnings for 2009 - $106,800

Last pay of calendar year 2009 - Regular Payroll -
Pay Date 12-23-09

No Health or Group Life Deduction -
Pay Dates 07-08-09 & 01-06-10

Final Deduction Teachers Retirement - Pay Date 05/27/09

First Pay for Academic Year 2009/2010 - Pay Date 09-02-09

Last pay of calendar year 2009 - Contractual Payroll -
Pay Date 12-30-09

Minimum Wage - $7.25 effective 07-01-09

Unemployment Rate - 0.1%

Student Information - If student has been employed by FSU in previous semesters, the w-4, I-9, and Direct Deposit forms do not need to be filled out again if all of the information is current.