Accounts and Reports

To facilitate the collection of parking fees for the Security Benefit Parking Lot, payroll deduction codes PPKT0B (pre-tax parking, non-reserved), PKT0BB (after-tax parking, non-reserved), PPKTRB (pre-tax parking, reserved), and PKTRBB (after-tax parking, reserved) have been added to SHARP effective April 28, 2002. The employee deduction for the non-reserved spaces (codes PPKT0B and PKT0BB) will be $6.92 per bi-weekly payroll period. The employer rate for the non-reserved spaces, payroll deduction code PKAD01 (which is already established), will be $0.53 (.0765 X $6.92) per bi-weekly payroll period. The employee deduction for the reserved spaces (codes PPKTRB and PKTRBB) will be $8.08 per bi-weekly payroll period. The employer rate for the reserved spaces, payroll deduction code PKADR1 (which is already established) will be $0.62 (.0765 X $8.08).