Substitute Payroll Benefits Retirement Payroll Information Payroll is
Substitute Payroll – Benefits - Retirement
Payroll Information • Payroll is processed twice per month (24 payrolls per year) • Pay day is on or about the 15 th and last day of the month • The official schedule is updated every July and is located at payroll. horrycountyschools. net
Payroll Information payroll. horrycountyschools. net
Payroll Information Substitute Pay Processing Substitute pay is entered in one of two ways: 1. Verified events submitted through our substitute calling system, Smartfind Express, are automatically entered into the payroll system. 2. Pay requests can also be entered at the school or department level by that location’s bookkeeper. Once entered and approved, pay requests are processed according to the published payroll schedule.
Payroll Information Who to contact If your pay check does not reflect the days worked in the pay period, please contact the school bookkeeper to verify your time was entered and approved by the payroll cutoff date. We recommend you keep a log of every teacher and school where you work as a substitute. Time entered or approved after the date listed will be paid on the next pay day. If you have other questions or need to speak with someone in Payroll, call 843 -488 -6840 or email payroll@horrycountyschools. net.
Payroll Information Direct Deposit • Direct Deposit is strongly encouraged and can be setup by submitting a Direct Deposit Authorization form • Initiating or making changes to your direct deposit setup may take up-to 2 payrolls to complete. You may receive your paycheck in the mail while changes are being made. • Without direct deposit a paycheck will be mailed to your home address. Lost or undelivered checks will not be replaced for 6 business days. Make sure HR has your correct address!
Payroll Information Federal /State Withholding Tax • You control the amount of withholding taxes deducted from your pay by submitting an IRS and SC State form W-4 • W-4 forms and more information is available at payroll. horrycountyschools. net • If you do not submit a W-4, your taxes will be withheld based on the IRS and State defaults. • You can change your W-4 information by submitting a new form to Payroll
Payroll Information Visit payroll. horrycountyschools. net to get to the employee portal. This is where you will see direct deposit notices and your time and labor detail (TLDetail) reports showing what was paid on a particular pay day.
Benefit Information • Benefits eligibility for health, dental, vision and life insurance is determined based on the Affordable Care Act. • Substitutes who average working 30 or more hour per week after their first year of employment will be offered coverage. • Eligibility notices are mailed to your home address. • If your job changes from a substitute position to a regular position, you may be offered benefits when your job changes. • Contact Payroll and Benefit Services if you have questions about ACA benefits or how a job change may impact your eligibility
Retirement Information • All substitute employees must choose one of the following: 1. Elect to join the traditional defined benefit plan of the SCRS 2. Elect to join the SCRS Optional Retirement Plan (ORP) 3. Elect to not join the South Carolina Retirement System • Employees who enroll in a retirement plan will contribute 9% of their gross earnings to their retirement account. • Enrollment (or waiving enrollment) is done online through the SC Public Employee Benefit Authority (PEBA). You will receive an email from PEBA containing enrollment instructions • Employees who do not make their decision online with PEBA within 30 days of their hire date will be irrevocably enrolled in the traditional SCRS pension plan. Payroll will deduct 9% of your gross pay until you make you selection.
Retirement Information South Carolina Retirement System (pension plan) The South Carolina Retirement System (SCRS) is the traditional retirement plan for state and public school district employees, and employees of counties and cities that elect to participate in the Retirement System. It is a defined benefit plan in which the state bears the investment risk and provides a guaranteed monthly pension based on a statutory formula, not on your account balance. Please refer to PEBA’s web site at www. peba. sc. gov for more information.
Retirement Information State Optional Retirement Program The State Optional Retirement Program (State ORP) is an alternative to SCRS and is a defined contribution plan. In a defined contribution plan, you invest your funds within the plan’s investment choices and then bear the risk, or enjoy the benefit, based on the performance of your investments. Your retirement benefit is based on the balance in your account when you retire. There is no formula for retirement. Please refer to PEBA’s web site at www. peba. sc. gov for more information. State ORP participants are eligible to change from the State ORP to SCRS during the annual open enrollment period (Jan – Feb) if at any point during the open enrollment period they have at least 12 months, but no more than 60 months, of participation from their initial enrollment in the State ORP.
Retirement Information State Optional Retirement Program - Investment Plan Vendors Mass Mutual VOYA TIAA VALIC It is the responsibility of the employee to contact their chosen provider and create an account. Contact information is located in your folder and online. • Employees who do not make their decision online with PEBA within 30 days of their hire date will be irrevocably enrolled in the traditional SCRS pension plan. Payroll will deduct 9% of your gross pay until you make you selection. Please refer to PEBA’s web site at www. peba. sc. gov for more information.
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