Explanation of Deductions

EXPLANATION OF PAYSTUB ITEMS FOR THE BELGRADE SCHOOL DISTRICT
Note: Individual pay stubs will vary. Therefore, not all items in this list will relate to every pay stub.
PAYMENT or DEDUCTION
TYPE
125 Medical
125 Must
Action Collection Agency
ADD'L Pay
AFLAC After-tax
AFLAC Pretax
American Funds
Ameriprise
Aspire
Assurant
BEA Dues
BEA Fair Share
BEA Student Scholarship Fund
CBO Collection Agency
Child Support
Childcare
Civil Process
Clifford & Associates
Credit Union - Savings
CSED
DD-"bank name"
Equity Management
First Rate Service
FIT
FIT/SIT Base
Gross Pay
Horace Mann
Horace Mann Life Insurance
Internal Revenue Service
IRS ACS Support
Kiwanis Scholar
Larsen Law Firm
MEA-MFT
MPEA Dues
MT Dept of Rev
MUST/REG
Medicare
Medicare Base
EXPLANATION
Flex, pre taxed money set aside for medical purposes, elected by
employee.
Health Insurance
Garnishment Company
Additional pay for stipends
Supplemental Health Insurance-after taxes
Supplemental Health Insurance-before taxes
Annuity
Annuity
Annuity
Life Insurance
Teacher Union Dues
Representation fee for teachers that are not members of the Union
Employee elects to donate to the scholarship
Garnishment Company
State required child support payment
Employee elects to have a set amount of money taken out of their
paycheck for childcare - pretax
Garnishment Company
Garnishment Company
Savings deduction
Montana Child Support Enforcement
DD = direct deposit. Only relevant for those using direct deposit.
Garnishment Company
Garnishment Company
Taxes withheld from employees pay for Federal Income Taxes owed by
the employee. The amount of "FIT" is determined by information
employee puts on their W-4 form such as a martial status & number of
deductions.
Amount at which Federal and State Income taxes are calculated.
Monthly pay rate before any and all deductions.
Annuity
Life Insurance
Garnishment Company
Garnishment Company
Employee elects to donate to the scholarship
Garnishment Company
Donation for ongoing political education efforts to support candidates
and ballot issues.
Custodian Union Dues
State Tax Garnishments
Health insurance deduction
Health Insurance coverage for those 65 and older or those who meet
special criteria.
Wage amount at which medicare taxes are calculated.
Pre-tax dedcution
Y
Y
N
N/A
N
Y
Y
Y
Y
N
N
N
N
N
N
Y
N
N
N
N
N/A
N
N
N/A
N/A
N/A
Y
N
N
N
N
N
N
N
N
N
Y
N/A
EXPLANATION OF PAYSTUB ITEMS FOR THE BELGRADE SCHOOL DISTRICT
Note: Individual pay stubs will vary. Therefore, not all items in this list will relate to every pay stub.
PAYMENT or DEDUCTION
TYPE
EXPLANATION
Donation for ongoing political education efforts to support candidates
NEA FCPE/AFT
and ballot issues.
Actual cash amount received after any and all deductions.
Net Pay
Public employees retirement system for non-certified employees. 6.9%
P.E.R.S.
of employees gross earning are withheld and employer contributes at a
rate of 6.8%
Wage amount at which public employees retirement amount is
PERS Base
calculated.
Certified Staff personal leave - given in total at beginning of School
PERS Leave
Year.
Annuity
Pacific Life
Annuity
Putnam Investor
Line item showing monthly gross wage amount.
Regular Time
Upon request employees dues are taken out of paycheck and mailed to
the Ridge for membership fees.
Ridge Athletic
Annuity
Security Benefit
Non-pre tax health insurance deduction.
Self Insurance REG 1
The school district has adopted a self insurance plan. A percentage of
Self Insurance Revised Plan 1 Self your medical deductions goes to the districts "pool" to help cover costs
Insurance Revised Plan 2 Self
on medical bills incurred by employees. SELF INS = Self insurance.
Insurance Revised Plan 3
REV = Revised.
Sick Time Earned
Classified - Sick time earned during current pay period.
Sick Time Earned - Total
Sick Time Used
SIT
Standard Life
Social Security
Social Security - Base
T. Rowe Price Trust Com
Thrivent
TRS
TRS Base
US Treasury
US Treasury Tax
Vacation Earned
Vacation Earned - Total
Vacation Used
Valley Executions
Vanguard
Waddell & Reed
Williams Investigations
YTD
Classified - Remaining sick hours after current month earned and taken.
Classified - Sick time taken during prior pay period.
State income tax withholdings. Tax amount derived from W-4.
Life Insurance Company
Social Insurance Program that is funded through payroll taxes
Amount at which social security taxes are calculated.
Annuity
Annuity
Teacher Retirement System. 7.15% of employees gross earning are
withheld, employer contributes at a rate of 7.47%.
Wage amount at which certified retirement amount is calculated.
Garnishment Company
Federal Tax Garnishment
Classified - Vacation earned during current pay period.
Classified - Remaining vacation hours after current month earned and tak
Classified - Vacation taken during prior pay period.
Garnishment Company
Annuity
Annuity
Garnishment Company
Year-to-Date total for a given line item. NOTE: THIS IS A
CALENDAR YEAR TO DATE, NOT SCHOOL YEAR.
Pre-tax dedcution
N
N/A
Y
N/A
N/A
Y
Y
N/A
N
Y
N
Y
N/A
N/A
N/A
N/A
N
N
N/A
Y
Y
Y
N/A
N
N
N/A
N/A
N/A
N
Y
Y
N
N/A

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