James Madison University

Direct Deposit Advice Information

Section I - Check Date

This section gives you the pay period in which you are receiving payment. The check date that is listed in this section is the date of the payday. This is the bank business date your money will be deposited to your account if you are receiving a direct deposit. Banks deposit at different times based on their procedures. However, the date listed here is the date the money is made available to your banking institution.

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Section II - General

This section contains the information about you - your name and current address on file.

Additionally, this section contains information about your current job here at James Madison University. You will find your PeopleSoft employee ID number, the department who's budget is paying your wages, your job title, pay rate, and the pay group in which you are paid. There are four pay groups of JMU employees:

HR1: Employees paid by the hour
SM1: Employees paid on a salary basis
NRA: Non Resident Scholarship Recipients
URT: University Retirement Plan

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Section III - Tax Data

This section details your current tax filing status for both federal taxes and state taxes. Included is the marital status you claimed on your W-4 or VA-4 as well as the number of allowances you have claimed.

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Section IV - Paycheck Summary

This section is a summary section of all the details listed below it. It includes the total gross wages you earned, the total taxable gross wages you earned, the total taxes withheld, the total deductions taken and your net pay.

The Federal Taxable Gross is calculated by taking your total gross wages less any before tax deductions and adding the taxable imputed life (see employer paid benefits).

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Section V - Earnings

This section gives you the description of what you are being paid for and what the amount is that you are receiving in GROSS pay. There are two columns in this section - one for current pay and one for year to date. If you are being paid hourly, the amount of hours in which you are receiving pay for is also listed in this section.

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Section VI - Taxes

This section gives you a complete break-down of what taxes were withheld from your gross pay. You can see the total amount by current pay period or year to date.

Explanation of Acronyms:

Fed Withholding: Federal Income Tax Withholding
Fed MED/EE: Federal Medicare Tax (FICA/Social Security); Employee's Share; .0145 of gross wages. Wages paid in excess of $200,000 in 2013 will be subject to an extra .9% Medicare tax.
Fed OASDI/EE: Federal Old Age Security & Disability Insurance (FICA/Social Security), Employee's Share, calculated on the first $113,700 ($110,100 in 2012) of wages earned by an employee during the calendar year, .062 of gross wages (.042 in 2012).
VA Withholding: Virginia Income Tax Withholding

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Section VII - Before Tax Deductions

This section is an itemized listing of all deductions taken from your gross pay on a BEFORE TAX basis. When a deduction is taken on a BEFORE TAX basis, the amount of the deduction is subtracted directly from your gross pay before taxes are calculated, thus reducing the amount of your tax liability. The amounts of these deductions are listed for the current pay period as well as year to date.

Below is a table of potential before-tax deductions and what taxes are affected.

Deduction Code	Description	Deducted before FEDERAL and STATE TAXES	Deducted before SOCIAL SECURITY TAXES
AFLAC	AFLAC	Yes	Yes
Health NTx	Health Insurance Premium	Yes	Yes
VRS Retire ORP Retire	Required employee paid retirement contribution, effective for any full-time employee hired after 7/1/10	Yes	Yes
DEPCAR	Dependent Care Deduction for Flexible Spending	Yes	Yes
MEDREM	Medical Reimbursement Deduction for Flexible Spending	Yes	Yes
VehRegFee	Vehicle Registration Fee	Yes	Yes
REBBNTX	Retirement Buy Back - NonTax	Yes	No
DFC	Deferred Compensation (i.e. 457 Plan)	Yes	No
Tax Deferred Annuity	Tax Deferred Annuity Plan (403-B); contact HR for available providers	Yes	No

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Section VIII - After Tax Deductions

This section is an itemized listing of all deductions taken from your gross pay on an AFTER TAX basis. When a deduction is taken on a AFTER TAX basis, the amount of the deduction is subtracted from your gross pay after taxes are calculated. The amounts of these deductions are listed for the current pay period as well as year to date.

The following lists the possible after-tax deduction codes and their descriptions:

Deduction Code	Description
A&FSH	Administration & Finance Scholarship
ATHTKT	Athletic Tickets
BONDS	US Savings Bonds
CVC	Combined Virginia Campaign Deduction (United Way)
DUKE	Duke Club Contribution
FOUND	JMU Foundation Contribution
GARN	Garnishment
GRNFEE	Garnishment Fees
IRAMX, IRALN, IRAMET, IRAVAL, IRAMML	Roth IRA Deduction...Ameriprise, Lincoln, Met Life, Valic, and Mass Mutual.
JMU Flex	JMU Flex Account
LOAN	JMU Computer Loan Program
LTC (Genworth)	Long Term Care
LTD (UNUM)	Long Term Disability
MEALS	JMU Meal Plans
MSPTKT	Masterpiece Theatre Tickets
OPLIFE	Optional Life
Parking	Parking Fines
RETBB	Retirement Buy Back - Taxable
SALADV	Salary Advance Repayment
TRAVEL	Travel Advance Repayment
VEHRTX	Vehicle Registration Fee - Taxable
VGEA)	Virginia Government Employee Association Contribution
VPEP	Virginia Prepaid Education Program
WMRA	WMRA Contribution

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Section IX - Employer Paid Benefits

This section is an itemized listing of the costs of all benefits that your employer, James Madison University, pays for you as an classified employee. These costs, with the exception of imputed life, have no effect on your net pay. They are provided here for informational use only so that you can see the dollar amount of the employer provided benefits you receive if you are an eligible employee. If you are not eligible for benefits from JMU, this section will be blank.

The following is a listing of employer provided benefits acronyms and their descriptions:

Employer Provided Benefits Code	Descriptions
Health NTx	Portion of Health Insurance Premiums paid by the University for the Health Insurance Plan selected by the employee
GrpTrmLife	Group Term Life Premium paid by the University on behalf of the employee
ORP Retire GRORPRET (hired pr. 7/1/10)	Optional Retirement Plan Contribution paid by the University for qualified faculty who so choose an optional retirement plan.
RHC	Retiree's Health Care Premium paid by the University on behalf of the employee
VRS Retire VRSGRER (hired pr. 7/1/10) VRSGREE (hired pr. 7/1/10)	Virginia Retirement System Contribution paid by the University on behalf of the employee for all classified staff, as well as faculty members who choose VRS for their retirement plan.
ImpLife	Imputed Life; Amount of Taxable Benefit for Group Life Insurance Coverage over $50,000.00 provided by the University. This amount is added to your Federal Taxable Gross per pay period, as it is a taxable benefit to the employee per IRS Tax Regulations.
VSDP	Contributions made to the Virginia Sickness and Disability Program on behalf of all JMU employees who are a participant of the VRS Retirement System.
Fed MED/ER	Employer's share of the medicare portion for social security, this matches the employees share of the same type of tax (.0145 of gross wages)
Fed OASDI/ER	Employer's share of the old age portion for social security, this matches the employee's share of the same type of tax (.062 of gross wages up to $113,700 annually.