Play It Again Sports Human Resource Department
To Come across Your Pay Statement
- Log in to MyU.
- Click on My Pay.
- Click on View/Print All Pay Stmts at the bottom of the page.
- In the View Paycheck column, click the pay statement you want to see.
Sample Pay Statement
For a detailed caption of each numbered section, see the links below. For a quick-reference version of this spider web page, run across the Pay Statement Summary.
Explanation of Your Pay Statement
Section:
1-four: General data
v: Revenue enhancement data
six: Hours and earnings
7: Taxes
8, 9: Earlier-revenue enhancement and afterward-revenue enhancement deductions
10: Employer-paid benefits
11: Totals
12: Leave balances
13:Net pay distribution
14: Message
Full general Information
Section ane
Payor Information: Shows the name and address of the entity responsible for payment.
Department two
Pay Information
- Business Unit of measurement: The code for your business unit of measurement
- Advice #: The check number. Information technology will show zippo if yous accept direct deposit.
- Advice Appointment: Date your check was issued.
Section three
Your name and address
Section 4
Pay details
- Employee ID: Your employee ID number
- Location: Your piece of work location
- Pay Group: The elapsing of your annual employment
- Pay Brainstorm Date: Start 24-hour interval of the pay period for this pay statement
- Pay Stop Date: Last day of the pay period for this pay statement
Updating Your Personal Data
- To change your proper name: Contact your department's payroll/Hr administrator.
- To modify your accost:
- Go to the My Info tab in MyU.
- Click on the pencil icon in the Address section to edit your home or mailing address. (To edit your campus accost, contact your department's payroll/Hour administrator.)
- Notation to Foreign Nationals: List your U.Due south. home address. Do not change information technology to your home country address until right before y'all go out to go back to your country. Your concluding check and tax documents will then be mailed to your habitation address in your home land.
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Tax Data
The Taxation Information section of your pay argument shows what you've claimed on your Form W-iv:
- Your marital status
- Number of tax allowances
- Boosted amounts you've chosen to accept withheld from your paycheck
The state shown on the top line will be Minnesota, unless yous've completed a MW-R reciprocity agreement grade for Michigan or North Dakota, or you live and work in another land where the University is registered to withhold tax—California, Colorado, Illinois, Washington, or Wisconsin. So that country will be indicated.
Marital Status
Your W-4 will prove i of three categories of marital status:
- Single
- Married
- Married, merely withhold at the higher Single charge per unit
If you've chosen category 1 or 3, your taxes are calculated at the Single rate. Category ii is calculated at the Married charge per unit. Here is how the marital status categories appear in the Revenue enhancement Data department of your pay statement:
What You Claim on Your Due west-4 | Federal Description | Minnesota State Clarification |
Single | Unmarried | Unmarried; Married, but legally separated; or spouse is a nonresident alien |
Married | Married | Married |
Married, merely withhold at college Unmarried rate | Single | M – Southward rate |
Allowances
The number of allowances yous claim on your W-four determines how much tax is withheld from your pay. The more allowances you merits, the less revenue enhancement that is withheld. See the Course W-iv page for information on how to make up one's mind the number of allowances you should claim.
Addl. Percentage and Addl. Amount
In add-on to withholding based on the allowances yous claim, you tin choose to take more taxes taken out of your paycheck, either equally a percentage of your pay or a apartment dollar amount. The corporeality you lot've chosen volition exist shown on the Addl. Percent or Addl. Amount lines.
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Hours and Earnings
Description: The type of pay you lot are receiving. This area may also include any augmentations, one-time awards, or other forms of compensation.
Rate: Your hourly rate of pay (this cavalcade appears only for employees paid hourly).
Hours: For those who are paid hourly, this column shows the number of hours y'all are being paid for during this pay period. It is blank for salaried employees.
Earnings: The gross corporeality you have been paid this pay period, for the type of pay shown nether Description.
YTD Hours: The total number of hours you take been paid for the year to appointment, for the type of pay shown under Description.
YTD Earnings: The full amount you lot take been paid for the yr to engagement, for the type of pay shown nether Clarification.
Types of Earnings
Definitions of Earnings: To larn more about a type of pay listed under Description, encounter the full list of Earning Blazon Definitions.
Taxable Fringe Benefits: Taxable fringe benefits are not included in the Hours and Earnings section under Earnings or YTD Earnings. Nevertheless, they are included in the Fed Taxable Gross, shown in the Totals section near the bottom of your pay argument.
Some of those fringe benefits provided by the University—such as cars, complimentary tickets, and graduate-level tuition assistance—are taxable. For a list of these taxable benefits, see the Taxable Fringe Benefits Descriptions page.
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Taxes
This department shows the amount of taxes deducted from your pay, both for the current pay menstruation and the agenda year to date (YTD).
Here is what the descriptions mean:
Fed Withholding: Federal income taxes
Fed Med/EE: Federal Medicare revenue enhancement for employees
Fed OASDI/EE: Federal Old Age Survivor'due south Disability Insurance (Social Security) tax for employees
Fed 1042: Federal withholding for nonresident aliens
MN (or other state) Withholding: State income taxes
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Before-Taxation and Afterwards-Tax Deductions
Before-tax deductions from your pay reduce your taxable wages. Some before-revenue enhancement deductions volition reduce your federal and state, or W-2, wages, while others will also reduce your Social Security and Medicare wages.
Afterwards-tax deductions do non reduce your taxable wages. They are taken only subsequently taxes have been withheld from your taxable wages.
This department of your pay statement shows:
Clarification: The type of deduction being withheld.
Corporeality: How much is existence deducted, both from the current pay catamenia and the calendar twelvemonth to date (YTD).
Types of Deductions
Before-tax Deductions
These deductions are non subject to federal and state income taxes:
- 457 Deferred Compensation Plan: Tax-deferred retirement savings and investment plan
- Faculty Retirement Programme: The required retirement plan for faculty and for Professional person and Administrative employees
- Minnesota Land Retirement Organisation (MSRS): The required retirement plan for ceremonious service and bargaining unit employees
- Local 880 Wellness & Welfare
- Optional Retirement Program: Voluntary retirement savings and investment plan
- Public Employee Retirement Clan (PERA): Required retirement plan for University of Minnesota Constabulary Officers
- Austerity Savings Programme: A 401K plan for federal employees
These deductions not subject field to federal and state income tax withholding, or to Social Security and Medicare withholding:
- Parking
- Metropass
- Medical
- Federal Medical
- Dental
- Flexible Spending Accounts:
- Health Care Reimbursement
- Dependent Care Reimbursement
- University of Minnesota Physicians Medical Reimbursement
- Academy of Minnesota Physicians Dependent Reimbursement
Later on-revenue enhancement Deductions
Later on-tax deductions include, merely are not limited to:
- Union dues
- Life insurance
- Community Fund Drive
- Recreational sports let
- Able-bodied tickets
- Disability insurance
- Long-term care insurance
- Northrop Trip the light fantastic toe Serial
- Garnishments (meet below)
For more data virtually a particular deduction, contact the appropriate area, such as Employee Benefits, Parking and Transportation Services, Recreational Sports, Department of Athletics, or Northrup Concerts & Lectures. For information near Customs Fund Drive deductions, contact Payroll Services.
Garnishments
Garnishments are court-ordered deductions from an employee'due south pay. Payroll Services is required to brand deductions to satisfy a child support order, tax debt, or court judgment. The nearly common types of garnishments are:
- Creditor garnishment: A legal order to withhold function of an employee's wages to satisfy a debt to a creditor
- Child support withholding: A withholding due to a kid support order from a court or state kid support enforcement agency
- Tax levy: A deduction to satisfy a federal or state tax debt. Taxation levies must be withheld before all other garnishment orders except child support.
- Bankruptcy orders: These garnishments, issued under Affiliate 13 of the Defalcation Act, take priority over other wage claims, including tax levies and child support orders received before the defalcation. All other garnishments are stopped because the trustee volition pay them nether the bankruptcy lodge.
- Student loans : In 1991, Congress allowed garnishment of wages to repay delinquent student loans from the Federal Family Education Loan Program or Guaranteed Pupil Loan Program. Kid support orders take priority over student loan garnishments.
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Employer-Paid Benefits
This department shows the Academy's contribution toward the cost of your benefits. None of the employer-paid benefits are deducted from your pay.
Clarification: The blazon of benefit being paid by the University. These tin include:
- Medical UM
- UPlan Dental
- Basic Employee Life
- Basic Employee Life*
- Additional Employee Life*
- Kid Life Insurance*
- Faculty Income Disability
- Kinesthesia Retirement Program
- Minnesota State Retirement Organization (MSRS)
Electric current: The corporeality paid by the University for the electric current pay catamenia
YTD: The full paid by the Academy since the kickoff of the year
*Taxable: Employer-paid benefits with an asterisk (*) are taxable and subject to federal, state, Social Security, and Medicare tax withholding. These amounts are added to your Taxable Gross (come across Agreement Taxable Gross) for withholding purposes. For example, the value of employer-provided group-term life insurance (Basic) over $l,000 is considered a taxable benefit. It is added to your taxable wages and reported on your Class Due west-2.
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Totals
The Totals section, near the bottom of your pay argument, shows your total pay and deductions for both the current pay catamenia and the year to date (YTD).
Full Gross: Your total gross pay (from the "Hours and Earnings" section of your pay statement). Note: Taxable fringe benefits are not included in gross earnings.
Fed Taxable Gross: The corporeality used to calculate your income taxes. Your taxable gross wages may be less than your gross earnings considering some of your gross pay was not taxable. Meet Understanding Taxable Gross below for more details.
Total Taxes: The total taxes withheld from your pay. It includes federal and land withholdings.
Full Deductions: The total of both your earlier-revenue enhancement deductions and later on-tax deductions withheld from your pay.
Cyberspace Pay: Your gross earnings minus your total taxes and total deductions equals your cyberspace pay.
Understanding Taxable Gross
Your federal taxable gross is shown in the Totals section near the bottom of your pay statement. It is the amount that will show in Box 1 on your W-2. Your federal taxable wages are adamant past the following calculation.
1. Showtime with Full Gross (Totals department)
2. Add Taxable Fringe Benefits (Hours and Earnings section)
- Taxable fringe benefits are not included in the Total Gross, and so you lot must add them to your Total Gross pay. If y'all take taxable fringe benefits, they will be listed in the Hours and Earnings section of your pay statement.
- Taxable Fringe Benefits include, only are not limited to:
- Regents Scholarship tuition do good
- Car leasing do good
- Souvenir cards
- Moving expenses
3. Add Taxable Employer-Paid Benefits
- Taxable employer-paid benefits are noted with an asterisk (*) in the Employer-Paid Benefits section of your pay statement. They are subject to federal, state, Social Security, and Medicare revenue enhancement withholding.
- The value of employer-provided group-term life insurance over $50,000 is considered a taxable do good that is added to your taxable wages and reported on your Form W-2.
4. Subtract Earlier-Tax Deductions Total
- Before-taxation deductions volition reduce your federal and state taxable gross wages, and some will too reduce your Social Security and Medicare wages.
- Before-tax deductions include, only are not express to:
- Kinesthesia Retirement Plan
- Minnesota State Retirement Organization
- Optional retirement program
- Medical and dental
- Parking
5. Equals Federal Taxable Gross
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Leave Balances
Remainder: The number of hours yous accept bachelor are shown for holiday, ill leave, and comp time.
More Data
You can check your get out balances anytime. Become to the My Fourth dimension tab in MyU to meet the hours you have available for:
- Vacation
- Ill leave
- Comp time
- Personal holiday
Visit the Vacations and Leavesspider web folio for more detailed information (including spousal relationship contract rules) on:
- Holiday and sick leave
- University vacation calendars
- Family unit and medical leave
- Jury duty and court appearances
- And much more
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Net Pay Distribution
This section shows your net pay and the accounts to which pay has been directly deposited. This may include more than one account. Advice # refers to the check number.
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Message
Usually blank. If you lot don't employ direct eolith, this is where your detachable check would be.
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Source: https://humanresources.umn.edu/pay-and-taxes/understanding-pay-statement
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