T.R | Title | User | Personal Name | Date | Lines |
---|
3606.1 | | QUARK::LIONEL | Free advice is worth every cent | Tue Jan 03 1995 10:33 | 4 |
| This is nothing new, and there's generally a notice about it in advance.
A bit late to do anything about it now, I'd think.
Steve
|
3606.2 | March 31st deadline | DNEAST::ARBOUR_STEVE | | Tue Jan 03 1995 11:44 | 5 |
|
Actually, you have until March 31, 1995 to submit expenses incurred in
1994. I just want to let people know that there is an extra weeks
worth of monies in your HCRA/DCRA account. No sense in forfeiting
the money.
|
3606.3 | | QUARK::LIONEL | Free advice is worth every cent | Tue Jan 03 1995 12:41 | 5 |
| I meant it's too late to adjust the contribution - people who carefully
calculate what their expenses will be and set the contribution to just equal
it could lose if they overlooked the 53-week year.
Steve
|
3606.4 | 53 in '92 & '98, not '94 ?! | LOCH::KNAUER | | Tue Jan 03 1995 13:32 | 5 |
| If '94 was a 53 week year, then why does my 12/29 paystub, which has
52 weeks worth of HCRA deductions, say "Retain this final 1994 pay
statement for your records."?
Mike
|
3606.5 | | NOTIME::SACKS | Gerald Sacks ZKO2-3/N30 DTN:381-2085 | Tue Jan 03 1995 14:38 | 1 |
| And why did my HCRA max out at 52 times my weekly contribution?
|
3606.6 | Maybe it's that State of Maine calendar | DNEAST::ARBOUR_STEVE | | Tue Jan 03 1995 15:38 | 8 |
| Don't know... Just know that my 12/29 stub says
current ytd
United Way 1.00 53.00
Dental 2.25 119.25
Hcra 40.00 2120.00
|
3606.7 | 52 week year | IVOSS1::TOMAN_RI | | Tue Jan 03 1995 16:50 | 6 |
| interesting
my 12/29 stub indicates dental 117.00 or a 52 week year and my hcra is
at 520.00 or a 52 week year
rick
|
3606.8 | | QUARK::LIONEL | Free advice is worth every cent | Wed Jan 04 1995 10:12 | 3 |
| Hmm - my 12/29 paycheck shows 52 weekly contributions.
Steve
|
3606.9 | 1986 1992 1997 2003..... | MILORD::BISHOP | Take hold of the life that is truly life | Wed Jan 04 1995 11:51 | 36 |
| No, it's not April 1st today, but I'd already been wondering what
happened to HCRA in a 53-week year, and here's where I ended up...
I'm not sure how often it will happen:
The day the pay is "handed out" is the one that counts. In our case,
that's Thursday. So the year has to start and end on a Thursday to get
53 pay packets in a year. Sounds like one every five-six years
depending on how many leap years in between?
But no....If the first day of January is a Thursday, then as that's a
holiday, we'll have been paid the previous day (also in the previous
year). So it's a year that starts and ends on a Wednesday that will
have 53 pay packets. I think.....
And leap years? Years that start on a Wednesday and finish on a
Thursday would have 53 pay days. Those that start on a Thursday and
finish on a Friday would work the same as those that start and finish
on a Thursday (1st pay packet would actually be in the preceding year).
It looks to me like 1992 was a 53-week year (Wed-Thu). The next two are
1997 and 2003 (both Wed-Wed). Out of curiosity, I'm going to hunt out
my end-of-year paystub for 1992 and see how many weeks it was (I wasn't
doing HCRA then, but I should be able to work it out. I'm also going to
look at 1986 and 1987 (the last Wed-Wed and Thu-Thu years) to check on
those too.
My paystub last week had $2080 HCRA. I can't quite understand how the
earlier noter had $2120. But in my case, it wouldn't worry me. I'd just
submit another claim to get back the extra $40. Teenagers and
orthodontics, plus other (usual and unusual) health costs, have put
me around 50% over the limit both the last two years....
fwiw.
- Richard.
|
3606.10 | 53-week years begin on Wednesdays | MILORD::BISHOP | Take hold of the life that is truly life | Fri Jan 06 1995 09:59 | 4 |
| I checked last night. 1986 and 1992 were both 53-week years. So the
next one is 1997 (the year after next :-)
- Richard.
|