The University of Georgia deducts employee retirement contributions from the pay checks of all employees, except students, as a condition of employment. Human Resources will keep a copy of the paperwork to document the retirement plan chosen by each employee. The University is also required to provide a retirement contribution (employer share) for each employee with the exception of the GDCP plan. The Payroll and Human Resources departments must properly account for the employee deductions and for the employer share of retirement contributions, remit the funds to the agency, and provide accurate and timely reports of the activity.
More information regarding each type of retirement plan ((TRS, ERS, GDCP, and ORP) can be found through the policy links provided under Related Information. The USG Business Procedures Manual 5.1.6 link also provides additional information.
Phone Number: 706-542-6935
Responsible University Senior Administrator: Vice President for Finance & Administration
Responsible University Administrator: Associate Vice President for University Business and Accounting Services
Policy Owner: Payroll
Policy Contact: Julie Camp
Phone Number: 706-542-3431
Description: This series documents deductions from salary checks authorized by employees. These records include lists with notation of authorized deductions as well as actual deduction forms.
Retention: 4 years after the end of the fiscal year.