What is the OASDI deduction on my check?
OASDI (Old age, Survivors, and Disability Insurance) represents Social Security tax. The current rate is 6.2%. This is a mandatory federal tax withholding.
What is the HI deduction on my check?
HI (Hospital Insurance) represents Medicare tax. The current rate is 1.45%. This is also a mandatory federal tax withholding.
*REMINDER: Any deductions covered under the Commonwealth's Flexible Reimbursement Plan (i.e.: Premium Conversion, Dependent Care, Medical Reimbursement) are not subject to OASDI or HI tax. These deductions are also exempt from Federal and State withholding.
What does the term "Imputed Life" represent?
The Commonwealth provides life insurance coverage for eligible employees based on their annual salary. The coverage amount is the employee's annual salary rounded up to the next $1,000 and doubled. The Internal Revenue Service has determined that the value of coverage in excess of $50,000 must be included in the employee's income and is subject to federal, state, and social security taxes. Imputed Life represents a calculated amount based on the coverage amount over $50,000 and is added to an employee's taxable wages on the 16th paycheck.
How do I change my address?
Employees can change their address by coming to the Payroll Office, e-mail us with the change or on Payline.
How do I change my tax deductions?
Employees can fill out new Federal and State tax forms at the Payroll Office or you may download the forms as follows:
I've started work but I haven't gotten a timecard yet. What should I do?
The first thing an employee should do in this situation is to check with his/her department and/or immediate supervisor. We are unable to issue timecards to employees on whom we have not received the completed new hire information.
Why didn't I get paid this time?
If the employee is a part-time hourly wage employee or a student, and they have not turned in a timecard, they will not receive a check until his/her timecard has been
received. Employees should check with their departments first and make sure their timecard has been turned in to Payroll by the deadline. Once the issue has been resolved and a timecard is received, the employee will be issued a check on the next scheduled payday. Advances will not be made if employees fail to turn in their timecards. If this is for special or one-time payments, check with your department to see if the proper paperwork was completed and turned into Payroll.
Can I get a copy of my W-2 if I lose my original?
How do I stop a payroll deduction?
Please contact the Payroll Office and you will be instructed as to the proper form to be used
and/or the procedure to be followed. The process can vary for each deduction.
Can I deposit part of my check into another bank account?
For questions about this, please call the Payroll Office (434) 395-2261 or email firstname.lastname@example.org
Payroll Deduction Guide
ADM FEES - Flexible reimbursement accounts administrative charge
BUYBACK - Employee repurchase of retirement credits – post tax
CVC - Combined Virginia Campaign
DCSE-SUP - Child support payment deduction made electronically to the Department of
DDCHKING - Direct deposit to checking account
DDSAVING - Direct deposit to savings account
DEF COMP - Deferred compensation deduction
DEP CARE - Flexible reimbursement account for dependent care
EMPASOC - Employee association dues deduction
EMP HLTH - After tax deduction for employee-paid state health insurance
FED TAX - Federal tax withholding
GARN FEE - Fee for administering court-ordered deductions
GARNISH - Wage garnishment
HI - Medicare tax withholding (hospital insurance)
MED REIM - Flexible reimbursement account for medical expenses
OASDI - Social Security tax withholding (Old Age Survivor Disability Insurance)
OPT Life - Optional group life insurance deduction
Frequently Asked Questions
Parking - Post tax parking
PETTYCSH - Employee miscellaneous deduction to agency
POOL VEH - State motor pool expense
PREBUYBK - Before tax employee repurchase retirement credits
PRETXPRK - Pre tax parking
PREM CON - Premium Conversion (before tax) deduction for employee-paid state health insurance
PRE TAX - Before tax contribution to annuity account
POST TAX - After tax contribution to supplemental insurance plans
SUPPORT2 - Domestic support payment deduction by third party check
TPA ADM - Third party administrator’s fee for administering deductions
USBONDS - Payments for purchase of U.S. Savings Bonds
VACU DD - Virginia Credit Union direct deposit
VA TAX - State tax withholding
VPEP - Virginia Prepaid Education Program
VSEA - Virginia State Employee Association dues deduction
What is Direct Deposit?
Direct Deposit is the electronic transferring of monies into an employee's designated checking or savings account at a financial institution.
Why use Direct Deposit?
Who Can Have Direct Deposit?
Direct Deposit is available to all full-time faculty and staff and part-time wage employees.
What are my options?
Employees have some options as to the allocation of their pay. These options are:
How do I enroll?
Enrolling is easy. Simply obtain the Direct Deposit authorization form from the Payroll Office or click on the link above. Complete, sign and date the form and attach a copy of a voided check or deposit slip-then send it to us. Be sure you read the information on the bottom of the form regarding processing time.
If you need more information regarding Direct Deposit, please call us at (434) 395-2087. We're always available to help!