HR Lump Sum FAQ's

My employee wanted to defer their lump sum into two tax years when do I send over the second PAR to SCO?

The second PAR can be sent over to SCO after the payments have issued from the first PAR.  It may be sent over to SCO after January 1st.   

I sent over a separation PAR to SCO and now I have a correction to make on it. Do I send over a corrected PAR to have the correction made?

If the PAR has not been processed by SCO some transaction codes can be changed over the phone please refer to Payroll Letter #011-014  for more information.

I have an employee that would like to defer their lump sum into two tax years what does the separation date have to be?

The separation date on the PAR must be between Nov 1st and Dec 30th in order for an employee to defer their lump sum into two tax years.  

Where can I find what PAR's I can key and what PAR's have to be keyed by SCO?

Look for the "Do Not Key" list in the PAM.  

Does the PLP 2010-2011 need to come off the PAR when keying a separation?

No the PLP for 2010-2011 is never removed for a separation.  You must use item 962 to show the correct salary rate at time of separation for lump sum pay outs. 

I see the pay issued on "Pay Hist" for the PAR I submitted over to SCO. The transaction is still not keyed on PIMS. Do I need to return the pay that issued since the transaction is not on PIMS?

No please do not return the warrant that issued.  The transaction you requested should be on "PIMS" in a few days.     

Do I have to cancel direct deposit on separation PAR’s?

If you cancel direct deposit in the pay period before the separation effective date the employee’s warrant will be a paper warrant.  For example; employee’s separation date is November 30th, do not cancel the direct deposit until after the last green cycle in October or the October master warrant will be a paper warrant.    

Can a S95 have deferred compensation taken out of lump sum?

No deferred compensation can come out for the lump sum payments.