Example: Annuitant Paycheck

This section describes an annuitant pay example and shows sample paysheet and paycheck information for the annuitant.

Annuitant

Mary is an annuitant. She is hired into a position that pays LEO/LOC (law enforcement officer percentage adjustment and locality pay).

Annuitant Earnings

The following earnings conditions apply to Mary:

  • Her base pay is $47,610.00.

  • She receives $20,000 annuity annually.

  • Her $47,610.00 base pay, minus her $20,000 annuity offset, divided by 2087, gives her a base pay hourly rate of $13.23.

  • Her LEO/LOC adjusted base pay is $51, 919.00, which divided by 2087, gives her a pre-offset hourly rate of $24.88.

  • Her $51,919.00 adjusted base pay, minus her $20,000 annuity offset, divided by 2087, gives her an offset hour rate of $15.29.

  • Her regular pay is calculated at her offset hourly rate of $15.29.

  • She worked 2 hours of overtime (FOV) in the pay period.

Annuitant Paylines

Based on Mary’s earnings conditions, the paylines on Mary’s paysheet are:

  • Addl Line Nbr 0 with 80 standard hours at the pre-offset hourly rate of $24.88, and 2 overtime hours based on the same hourly rate.

  • Addl Line Nbr 1 with an offset hourly rate of $15.29, earnings code FAO for 72 hours, and FHL (holiday) for 8 hours.

Payline details appear on the Update Paysheets, By Payline page.

Navigation:

Payroll for North America, and then Payroll Processing USF, and then Update Paysheets, and then By Payline, and then Payline

This is an example of a Payline Page, annuitant Addl Line Nbr 0.

Payline page, annuitant Addl Line Nbr 0 example

This is an example of a Payline Page, annuitant Addl Line Nbr 1.

Payline page, annuitant Addl Line Nbr 1 example

Annuitant Paycheck Earnings

The system calculates Mary’s paycheck earnings as shown in this table:

Earnings Hours Rate Dollars Paid

Regular FPR

80

24.88

1990.40

No

Regular FAO

(72)

15.29

1100.88

Yes

Regular FHL

(8)

15.29

122.32

Yes

Total Regular

80

15.29

1,223.20

Yes

Overtime FOV

2

  

74.64

Yes

GROSS PAY

    

1297.84

Yes

Paycheck earnings details appear on the Review Paycheck, Paycheck Earnings page.

Navigation:

Payroll for North America, and then Payroll Processing USF, and then Produce Payroll, and then Review Paycheck, and then Paycheck Earnings

This is an example of a Payline Page, annuitant Addl Line Nbr 0.

Note:

For additional line number 0, Addl Line Nbr field in the Earnings group box is blank.
Paycheck Earnings page, annuitant Addl Line Nbr 0 example

This is an example of a Payline Page, annuitant Addl Line Nbr 1.

Paycheck Earnings page, annuitant Addl Line Nbr 1 example

Annuitant Paycheck Deductions

Mary’s premium earnings and her retirement, TSP, and FEGLI contributions are calculated at her full job hourly rate of $24.88. Based on Mary’s earnings, her deductions are as follows:

  • Her before-tax TSP employer match is $199.04 (based on employee withholding of 10% of the special accumulator pre-offset earnings).

  • Her nontaxable TSP employer match is $79.61 (based on employer contribution).

  • Her after-tax retirement (FERS) is $15.92 (based on employee withholding of 0.8% of the special accumulator pre-offset earnings).

  • Her nontaxable retirement (FERS) is $228.90 (based on employer contribution of 11.5% of the special accumulator pre-offset earnings).

  • Her after tax FEGLI is $8.91.

  • Her nontaxable FEGLI is $4.46

Paycheck deduction details appear on the Review Paycheck, Paycheck Deductions page.

Navigation:

Payroll for North America, and then Payroll Processing USF, and then Produce Payroll, and then Review Paycheck, and then Paycheck Deductions

This is an example of a Paycheck Deductions page, showing annuitant retirement deductions.

Paycheck Deductions page, annuitant retirement example