| POLICY: |
Effective January 1, 2008, all university employees (including staff, faculty, graduate students and hourly) will be required to utilize direct deposit for payroll. Students with current work study appointments are exempt from this requirement. This change revokes original policy language from 2006 that grandfathered employees employed prior to December, 2006.
Indiana University shall provide the service of direct bank depositing of employee wages and salaries. It shall be the responsibility of each employee to complete the prescribed application for this service and to give adequate notice for changes in the application or termination of the application. Employees who have not completed the prescribed application for this service within the enrollment period will have their checks mailed to them via the U.S. Mail service two business days prior to the pay date.
For those employees who are unable to have their funds directly deposited into the bank account of their choice, Indiana University will provide a Visa paycard and deposit all wages and salaries on the reloadable paycard. It shall be the responsibility of each employee to complete the prescribed application for this service and to give adequate notice for changes in the application or termination of the application.
All current employees who were hired prior to October 1, 1997 and therefore grandfathered from this policy in prior years will lose such grandfathered status. Paper payroll checks will only be drawn during the interim enrollment period for either direct deposit or checkcard deposit.
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