Frequently Asked Questions

How can I participate in the Savings Bond Program?

You must establish a payroll savings plan through TreasuryDirect and schedule a regular payroll allotment with your employer.

 

What is the Michigan Education Savings Program (MESP)

It is a program administered by the Michigan Department of Treasury to pay for qualified higher education expenses for your children through tax-deferred payroll deductions. http://www.misaves.com/ourplan/index.html

Where can I get information on the district 403(b) or 457 plans?  

The Plan documents and general information are located on the district web page under Employees and Payroll. Click here.

Why am I being docked?  

Notification is provided to Payroll from the Attendance office (ext. 60134) if sick time is not available for the current fiscal year, or the district sick bank has been depleted for the current year.

How are dockings calculated?  

Docking rates are based on the true daily rate. (hourly rate multiplied by hours per day).  This is multiplied by days worked for a total contract amount.
    
Ex. A teacher's contract is based on 181 working days at a daily rate of $400.00.
181 days x $400.00 = $72,400.00 total contract
A regular bi-weekly pay spread over 26 pay is calculated as follows:
$72,400.00 / 26 = $2,784.62 

A 10 day docking is calculated:
$400.00 x 10 = $4,000.00
$4,000.00 - $2,784.62 = $1,215.38 amount still owed next pay.
     $0.00 gross amount paid.
$2,784.62 - $1,215.38 = 1,569.24   2nd regular pay remainder of $1,215.78 is deducted.
$1,569.24 gross amount paid.