WHAT IS MCB MCB is the Medical Contribution
WHAT IS MCB? • MCB is the Medical Contribution Base determined by the amount of the base salary. • For example, Ima Gooddoctor has a base salary of 250, 575. Her MCB would be to 251. What salary band percent salary cut would this put her in for the furlough reduction?
Table 2 B: Fiscal Year Faculty Salary Band MCB 1 Hourly Accrual Rate Furlough Days Total Equivalent Salary Reduction (Approximate) 1 <=40 0. 038462 10 4% 2 41 -46 0. 046154 12 5% 3 47 -60 0. 053846 14 6% 4 61 -90 0. 061538 16 7% 5 91 -180 0. 073077 19 8% 6 181 -240 0. 084615 22 9% 7 >240 0. 092308 24 10%
MCB IN PPS – IINS SCREEN
Chain of Events • Friday, September 11, 2009 – Payroll to load furlough data in PPS. • Saturday, September 12, 2009 – furlough data available to view in PPS • Monday, September 14, 2009 – Departments to review furlough data for staff employees on the biweekly pay period to ensure everyone’s accuracy and address needed corrections
Chain of Events Continued • Tuesday, September 15, 2009 through Friday, September 18, 2009: – begin review of faculty furlough information in PPS for accuracy. – Campus will generate an Exception Report from PPS for those who do not have enough distributions available in PPS. Exception Report will be made available to departments. – Timesheets available on Wednesday, September 16, 2009. .
Chain of Events Continued – Data will also be available in e. HR (PSoft) early to end of next week so that departments can reconcile data in Psoft or else can use Excel calculator – Please NOTE: SRBs in e. HR will be collapsed at this point. However, in PPS they will be split because of multi distribitutions. For example:
Chain of Events Continued – Distr 27 has an SRB for the MB 3 of 0. 0101 – Distr 28 has an SRB for the MB 3 of 0. 0016 – Distr 38 has an SRB for the MB 3 of 0. 0005 – This equals 0. 0122 – In e. HR you will see one SRB line collapsed to 0. 0122 rather than the multiple SRB lines.
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