Save for Summer
The Save for Summer program allows employees that work less than twelve-months to receive pay throughout the entire year. The Save for Summer deductions are post-tax, meaning all other deductions (TRS, ORP, FICA,FIT, parking, other user fees, garnishments) are taken from the net pay. An employee may choose to enroll in the Save for Summer program anytime after September 1 each year. Please note: There are no catch-up provisions for any lapsed portion of the fiscal year. The Save for Summer form must be completed and sent to payroll@tamucc.edu to begin enrollment in the program.
Some Things to Consider:
Save for Summer for 9-month employees: Save for Summer payments will be received for July, August, and September pay dates
Save for Summer for 10-month employees: Save for Summer payments will be received for August and September pay dates
Save for Summer for 11-month employees: Save for Summer payments will be received for September pay date
Insurance Premiums:
Save for Summer payments will not include insurance premium payments. Employees that are enrolled in the 12 over 9 benefits program receive higher premium rates throughout 9 months to cover summer insurance premium costs.
Enrollment and Cancellation:
Employees have the option to enroll or cancel their participation at any time. Please submit the Save for Summer form to payroll@tamucc.edu if you wish to cancel participation.