I have requested clarification from UCOP HR around the implementation of this release. The guidance we received indicates that this should be applied after Monthly Reporting / Maintenance for any given campus.
As such we are planning to reschedule the execution of this until 7/3/13. If you provided an alternate date we will honor that one.
Thanks!
Christopher
-----Original Message-----
From: UC Payroll Release Distribution Notes [mailto:[log in to unmask]] On Behalf Of Christopher Scott
Sent: Thursday, June 13, 2013 11:28 AM
To: [log in to unmask]
Subject: Request for Approval - R2074 - Other Postemployment Benefits Rate (OPEB) for Fiscal Year 2013/14
We have R2074 in hand for installation.
This release will set the Other Postemployment Benefits Rate (OPEB) for Fiscal Year 2013/14.
In specific it sets the system parameter 126 to reflect the new value of $3.24.
The rate must be updated after the processing of June 2013 earnings but prior to payment of July 2013 earnings.
We plan to apply this update for all campuses on 6/17/2013 (evening).
Thanks!