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SHARP Message #748


Date

11/12/08

Author

Payroll

Subject

Payroll Adjustments for Retired/Terminated Employees who Received a Gift Card

Message Text:

 

Important Information regarding Agency Payroll Adjustments for Retired/Terminated Employees who received a gift card:

Kansas Health Policy Authority (KHPA) is working to notify agencies that are required to process payroll adjustments for employees who selected a gift card prior to their retirement/termination.

Informational Circular 09-P-005 located at http://www.da.ks.gov/ar/infocirc/fy2009/IC09p005.htm provides instructions for processing the necessary adjustments required to process the taxable fringe benefit income for employees who selected a gift card prior to their termination or retirement.

Instructions regarding the procedures to address the arrearages created from these adjustments can be found in Informational Circular 00-P-020 located at http://www.da.ks.gov/ar/infocirc/Archive/fy2000/ic00p020.htm.