WHAT IS MCB? MCB is the Medical Contribution Base determined by the amount of the base salary. For example, Ima Gooddoctor has a base salary of 250,575.

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Presentation transcript:

WHAT IS MCB? MCB is the Medical Contribution Base determined by the amount of the base salary. For example, Ima Gooddoctor has a base salary of 250,575. Her MCB would be to 251. What salary band and percent salary cut would this put her in for the furlough reduction?

Total Equivalent Salary Reduction (Approximate) Table 2B: Fiscal Year Faculty Salary Band MCB1 Hourly Accrual Rate Furlough Days Total Equivalent Salary Reduction (Approximate) 1 <=40 0.038462 10 4% 2 41-46 0.046154 12 5% 3 47-60 0.053846 14 6% 4 61-90 0.061538 16 7% 5 91-180 0.073077 19 8% 6 181-240 0.084615 22 9% 7 >240 0.092308 24 10%

MCB IN PPS – IINS SCREEN

Chain of Events Friday, September 11, 2009 – Payroll to load furlough data in PPS. Saturday, September 12, 2009 – furlough data available to view in PPS Monday, September 14, 2009 – Departments to review furlough data for staff employees on the biweekly pay period to ensure everyone’s accuracy and address needed corrections

Chain of Events Continued Tuesday, September 15, 2009 through Friday, September 18, 2009: begin review of faculty furlough information in PPS for accuracy. Campus will generate an Exception Report from PPS for those who do not have enough distributions available in PPS. Exception Report will be made available to departments. Timesheets available on Wednesday, September 16, 2009. .

Chain of Events Continued Data will also be available in eHR (PSoft) early to end of next week so that departments can reconcile data in Psoft or else can use Excel calculator Please NOTE: SRBs in eHR will be collapsed at this point. However, in PPS they will be split because of multi distribitutions. For example:

Chain of Events Continued Distr 27 has an SRB for the MB3 of 0.0101 Distr 28 has an SRB for the MB3 of 0.0016 Distr 38 has an SRB for the MB3 of 0.0005 This equals 0.0122 In eHR you will see one SRB line collapsed to 0.0122 rather than the multiple SRB lines.