Download What`s What on Your Pay Statement

What’s What on Your Pay Statement
Employee identification: Name and Employee ID, 3digit department code, and campus mail drop code.
For biweekly payments to casual hourly employees and
students, the department is unspecified.
Tax data: W-4 information provided to payroll (or
defaulted if no form was provided) for Federal and state
tax withholdings. If you have not submitted a state W-4
form, state and federal withholding values are typically
the same. For Pennsylvania residents, state taxes are
withheld at a standard flat rate.
Description: The type of
earnings, including your
basic regular earnings
and any applicable
special earnings, such as
overtime.
Pay Begin Date and Pay
End Date: For biweekly
employees, the 1st and
last day of the 2-week
period covered by the
payment. For monthly
employees, the 1st and
last day of the month.
For hourly and biweekly
employees only:
Hours: The number of
hours entered and
approved in Time
Collection for the
earnings type.
Check Date: The date
when the check was
issued or the payment
deposited to your
account.
Rate: The hourly rate for
the earnings type.
Earnings: For monthly
employees, the monthly
salary; for hourly and
biweekly employees, the
result of Hours times
Rate.
YTD Earnings: Cumulative
earnings paid in the
current calendar year
(shown only on your
most recent pay
statement).
Before-Tax Deductions: Deductions taken
from your gross pay, before federal taxes are
calculated. Based on your benefits elections,
before-tax deductions may include but are
not limited to
•
•
•
•
•
•
Paycheck Reference Card
Pay Group: A brief
description of your payroll
processing group and pay
frequency (biweekly or
monthly).
Health care plan
Vision plan
Dental plan
403(B) (supplemental retirement
annuity)
Health Benefit Expense Account
Dependant Care Expense Account
After-Tax Deductions:
Deductions taken after
taxes have been
calculated (such as
supplemental life
insurance deductions
and United Way
contributions), for this
payment and for the
year to-date.
Employer Paid Benefits shows the
value of certain benefits paid by the
University, which could include:
Imp Life: The taxable cost of your
Life Insurance coverage. This is
determined based on an IRS
premium table for coverage in
excess of $50,000.
403(A): Pension plan contributions
made by the University.
11/05
What’s What on Your Pay Statement
Taxes shows taxes withheld in this payment (Amount) and for the year to-date (YTD Amount).
Fed Withholding: Federal income tax withholdings, calculated based on your W-4 form.
Fed MED/EE: Medicare withholdings.
Fed OASDI/EE: Social Security withholdings.
State tax withholdings vary. For employees who work in New Jersey, these taxes are withheld,
regardless of your state of residence:
NJ Unempl EE: State Unemployment insurance withholdings.
NJ NJ WDPF: New Jersey Workforce Development Partnership Fund
NJ NJ SWAF: New Jersey Supplemental Workforce Administrative Fund
Taxes withheld for your state of residence, determined by state regulations:
NJ Withholding: State withholding taxes based on your W-4 form, when applicable.
PA Withholding: State withholding taxes based on a standard, flat rate. An Employees
Certificate of Non-Residence in New Jersey must be filed to have PA rather than NJ taxes
withheld.
Paycheck Summary: Summary of gross earnings, taxes,
deductions, and net pay for this payment and for the
calendar year to-date.
Fed Taxable Gross: Earnings subject to federal
taxation, minus pre-tax deductions such as the
403(B) deduction, and plus taxable employer-paid
benefits, such as imputed life insurance.
Net Pay: Amount of payment; current gross earnings
less current total taxes and deductions (before and
after tax)
Direct Deposit Distribution provides details on your direct deposit account:
Account Type and Account Number (masked, except for the last 4 digits) of the account to
which the payment is deposited
Note: Year-to-date amounts
are included only on the PDF
pay statement. On the nonPDF pay statement, Year-toDate figures are not shown.
Paycheck Reference Card
Deposit Amount: The total amount (net pay) of the check or deposit to your bank or credit union
account.
Note: PU Federal Credit Union payroll deductions (as opposed to direct deposit) appear in
the After-Tax Deduction area, not as your net pay.
11/05