HB-966 Repeal of Prohibition of Prepayment for Teachers



10 and 11 month salaried employees:

 

On June 11, 2012, the governor signed House Bill 966, repealing the prohibition of the prepayment of teachers. This will allow Guilford County Schools to pay all employees on the same calendar used in 2011-12. All 10-month certified employees will be paid in 10 equal payments beginning August 31, 2012 through May 31, 2013. The pay calendar for other employees will remain the same as well.

 

In addition, GCS will offer 10-month and 11-month salaried employees a choice of the traditional 12-month option or the State Employees’ Credit Union Summer Cash Account alternative 12-month installment plan effective with the 2012-13 school year (hourly paid employees and employees paid as substitutes will not be eligible to participate in this payment option).

  • Teachers opting for the traditional 12-month option in 2012-13 must submit a completed TWELVE-MONTH SALARY REQUEST (form FIN-F001, which will be available electronically on the district’s website - Click Here to the GCS Payroll Department on or before the first day of the school year.
  • GCS will utilize August 22, 2012, the first mandated workday of the 2012-13 traditional calendar, as the cut-off date by which forms must be received in Payroll for the 2012-13 school year. Forms en route on August 22nd, but not delivered to payroll by 5:00 p.m., will not be processed for the 2012-13 school year.
  • The cut-off date by which forms must be received in Payroll for future fiscal years will be the first day of the ten-month traditional calendar.
  • Teachers and other employees opting for the SECU Summer Cash Account alternative 12-month installment plan in 2012-13 must apply for a Summer Cash Account with the State Employees’ Credit Union which can be done on-line via Member Access (for more information go to http://www.ncsecu.org/depositaccounts/SummerCashAcct.html .)