Payroll deductions can only be taken as of the date of your last paycheck. You can use the payroll deduction option by calculating how much you want to spend, totaling the weeks you will be paid and dividing the amount by the total number of pay dates you want to spend, as if it was the full 26 weeks. The total expected to be received will then be higher, but the amount given will equal your weeks paid. For example, I plan to retire mid-year, therefore I'll only work 13 pay periods. I'd like to pledge $260 total. Your pledge should be $20 per week for an annual donation amount of $520 (26 pay periods x $20/pay period). Since you'll only be working for 13 pay periods, you'll only actually pledge $260 (13 pay periods x $20/pay period). An alternative would be to make a one-time donation to be taken out of your very first paycheck in January.
If retiring during the year, how can I pledge?
Answer
Accordion to apply to