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NEW SPECIAL PAYMENT ELECTRONIC PAYMENT FORM NOW IN PLACE. HARD COPIES FOR SPECIAL PAYMENT WILL NO LONGER BE USED OR PROCESSED EFFECTIVE OCTOBER 2023
Policy
Compensation in excess of an employee’s annual base salary is permitted for special projects under specific circumstances so long as such special payment is not in violation of any federal or state law or contractual provisions. See Board of Trustees Policy 616 – Special Projects and Payments
Reason for Policy
Compensation in excess of an employee’s annual base salary is permitted for special projects under specific circumstances so long as such special payment is not in violation of any federal or state law or contractual provisions. Special payments are managed in accordance with IRS publication 15 for supplemental wages: Supplemental wages are wage payments to an employee that are not regular wages. The wages are subject to social security, Medicare, and FUTA taxes.
To Whom Does the Policy Apply
All Ramapo College employees may be eligible for special payment. Volunteers, vendors, retirees, and independent contractors are not eligible for special payment.
Contacts:
People Operations & Employee Resources – Extension 7231
Related Documents and EPAF Processing Steps
Stages of EPAF for Special Payments and Steps
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