Payroll Deduction payments to move to the 20th of each month

FYI FYI FYI FYI
F O R Y O U R I N F O R M A T I O N
00-30	06/2000
MOVING PAYMENT OF PAYROLL DEDUCTION TO THE 20^TH OF THE MONTH On May 9, 2000, the Auditor-Controller’s office advised the Board of Supervisors that they would soon advance the date when amounts deducted from employees’ monthly paychecks are paid on the employees behalf to deferred income plans, credit unions, charities, and the United States Treasury Savings Bond Fund. The way has been cleared for the Auditor-Controller to proceed with implementation of this process. Currently payments to the deferred income plans, credit unions, charities, and the United States Treasury Savings Bond Fund are made on or about the 25^th of each month. Beginning in June these payments will be made on the 20^th of the month, or if the 20^th is on a weekend, on the first business day following the 20^th.
		CONTACT: Bobbie Nix (213) 351-5506 APPROVED: ____________________________________ Cathy L. Robinson, Acting Division Chief