To facilitate a parking lease recently entered into by the Conservation Commission
for employees of their agency who park in the garage located near 9th and Quincy
in Topeka, payroll deduction codes PPKA06 (pre-tax parking) and APKA06 (after-tax
parking) have been added to SHARP effective June 24, 2001. The
employee deduction will be $20.77 per bi-weekly payroll period. The employer rate,
payroll deduction code PKAD05 (which is already established), will be $1.59 (.0765
X $20.77) per payroll period.
The Division of Accounts and Reports, Payroll Systems Team will make the necessary updates to the SHARP payroll system to effect this change for all employees for whom SHARP calculates pay. Regent's institutions are responsible for ensuring that this change is made in their individual systems. DB:JJM:rdb
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