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Save for Summer

Frequently Asked Questions

Save for Summer allows employees who work less than 12 months in a fiscal year to extend their pay over 12 months. Save for Summer works like the Extended Pay Plan (EPP), but instead of using a percentage of your net pay, a flat dollar amount is used. The EPP will be replaced by this new program beginning with the January 2, 2018 pay date.

Beginning September 2018, insurance premiums will be paid during nine working months and deducted from your October – June paychecks, whether you work 9, 9½, 10,10½, or 11 months.  Save for Summer will no longer hold back a portion of insurance premiums and you will no longer pay for summer insurance in May.  

The Extended Pay Plan (EPP) will be replaced by the Save for Summer program beginning with January 2, 2018 pay date because we are moving to a new HR/Payroll software called Workday. The program in Workday is referred to as Save for Summer and can withhold a flat dollar amount of net pay rather than a percentage like the EPP does today.

No – In January 2018, the EPP will be replaced by this new program called Save for Summer. EPP participants as of December 1, 2017 will be automatically enrolled in Save for Summer on January 2, 2018.

The Save for Summer program begins with the January 2, 2018 pay date.

Beginning September 2018, insurance premiums will be paid during nine working months and deducted from your October – June paychecks, whether you work 9, 9½, 10,10½, or 11 months.  Save for Summer will no longer hold back a portion of insurance premiums and you will no longer pay for summer insurance in May.

Save for Summer will continue to be available to employees with less than 12 month appointments if they wish to extend their pay over 12 months.

Yes – you can change your Save for Summer options at any time during the fiscal year through May of that fiscal year. You may also stop participating at any time. However, once you drop participation, you cannot sign up again. You will receive all withheld funds at once on the next paycheck after you drop.

Whatever amount has been withheld for summer payment will be divided evenly and paid to you on the regular paydays for June, July, and August. This money will already have been taxed and insurance premiums will already have been deducted. If you work during the summer, you will receive your pay for that work in addition to the payments from Save for Summer.

Save for Summer Extended Pay Plan
Withhold flat, dollar amount of net pay Withhold % of net pay
Enroll using a paper form Enroll using a paper form
Withdraw at any time; receive held back pay in the next paycheck Withdraw at any time; receive held back pay in the next paycheck
See your current balance monthly on your pay slip Contact your Payroll Office to see your current balance