Refunds of Employee Payroll Deductions
FIN-PAY-110
About This Policy
- Effective Date:
- 10-01-1990
See current policy
- Date of Last Review/Update:
- 07-01-2007
- Responsible University Office:
- Financial Management Services
- Responsible University Administrator:
- Vice President and Chief Financial Officer
- Policy Contact:
Stephen Miller
Director of Payroll, Customer Service and Training
stgmill@iu.edu
- Policy Feedback:
- If you have comments or questions about this policy, let us know with the policy feedback form.
Policy Statement
Refunds of optional payroll deductions will be made to employees when it is determined that such deductions were made in error.
Reason for Policy
To establish guidelines for making refunds of employee payroll deductions.
Procedures
In most cases, refunds will be added to the net pay of the next payroll check to be issued to the employee. Refunds will be made by means of a special check if the delay will create a hardship for the employee. Refunds will be made at the request of the IU organization or external entity who initiated the deduction. Employees should contact the IU organization or external entity to request a refund. Any payroll deductions already committed to the purchase of US Savings Bonds cannot be refunded.
Refunds of required taxes and social security deductions cannot be made except as provided for in federal and state regulations.
Please note: This is an archived version of the policy. View the current version.