ࡱ> 130 bjbj$$ .F|F|PZjj8$488L___$,!__81`,Ce6Rq<4,""1"1@_0"___6___4"_________j :  If the Employee Amount (EA) is equal to or greater than five percent of the employees pay subject to TSP, the Government Matching (GM) is four percent Government Basic (GB) is always one percent. For example an employee receives base and locality pay of $3,000.00 and contributes $250.00 of EA. Five percent of $3,000.00 is $150.00. The GB is $30.00 and the GM is $120.00. If the timekeeper processes a corrected time card for this employee changing eight hours of leave to AWOL and payroll processes a negative of $300.00 to base pay, they must also reduce GB and GM for that pay period. The GB negative is $3.00 and the GM negative is $12.00. Each time payroll processes an adjustment for pay subject to TSP, they must compute the new base pay amount and verify that the EA amount is still more than five percent of the employees pay subject to TSP. A negative adjustment to base pay may change EA from more than five percentto less than five percent. If EA is less than five percent of the employees pay subject to TSP, the GM is computed as follows: Compute three percent of the pay subject to TSP. Subtract the three percent amount from the EA amount. Divide the difference by two (2). GM is a total of the difference and the three percent. For example an employee receives base and locality pay of $950.40 and contributes $40.00 to TSP. Five percent of $950.40 is $47.52. Three percent of $950.40 is $28.51. $40.00 minus $28.51 equals $11.49. $11.49 divided by two (2) = $5.75. Add $28.51 and $5.75 together for a GM total amount of $34.26. The GB is $9.50. If the timekeeper processes a corrected time card for this employee changing eight hours of leave to AWOL and payroll processes a negative of $95.04 to base pay, they must also reduce the GB and GM for that pay period. The GB negative is $.95 and the GM negative is $1.43.     TSP Dollar Formula TSP  NUMPAGES 1 of  NUMPAGES 1 TSP DOLLAR AMOUNT FORMULA FOR GM  FILENAME \p X:\PAID\Payroll information\TSP\TSP Dollar Amount Formula for GM.doc Created by the Financial Services Center Name FSC Last Update  SAVEDATE \* MERGEFORMAT 9/23/2013 11:44:00 AM9/18/2013 4:10:00 PM Updated By Beverly Poe  9:G- 9 ~ 0 < 9 F p } Y e <NPQSTVWYZ\st~붯 h,0J>*jh,0J>*UhljhlUhfh,hfOJQJ^Jhf>*OJQJ^Jh,>*OJQJ^Jh,OJQJ^J@~  ;<NOPRSUVXY[ h]^h ]^] & F]$]a$[\ >] &d P $a$   JKef{̼lhhl4h34h_CJOJQJ^JcHdhf %mHnHu.Hhf %h_CJOJQJ^JmHnHu!h'CJOJQJ^JmHnHuh,CJOJQJ^Jjh,CJOJQJU^Jh,h,OJQJ^J h,0J h,0J>*jh,0J>*Uh_0J>*mHnHu,1h/ =!"#$% ^ 2 0@P`p2( 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p 0@P`p8XV~_HmH nH sH tH @`@ NormalCJ_HaJmH sH tH DA`D Default Paragraph FontViV  Table Normal :V 44 la (k (No List LT@L Block Text]^ OJQJ^J4@4 Header  !4 @4 Footer  !.)@!. Page NumberPK![Content_Types].xmlN0EH-J@%ǎǢ|ș$زULTB l,3;rØJB+$G]7O٭V$ !)O^rC$y@/yH*񄴽)޵߻UDb`}"qۋJחX^)I`nEp)liV[]1M<OP6r=zgbIguSebORD۫qu gZo~ٺlAplxpT0+[}`jzAV2Fi@qv֬5\|ʜ̭NleXdsjcs7f W+Ն7`g ȘJj|h(KD- dXiJ؇(x$( :;˹! I_TS 1?E??ZBΪmU/?~xY'y5g&΋/ɋ>GMGeD3Vq%'#q$8K)fw9:ĵ x}rxwr:\TZaG*y8IjbRc|XŻǿI u3KGnD1NIBs RuK>V.EL+M2#'fi ~V vl{u8zH *:(W☕ ~JTe\O*tHGHY}KNP*ݾ˦TѼ9/#A7qZ$*c?qUnwN%Oi4 =3N)cbJ uV4(Tn 7_?m-ٛ{UBwznʜ"Z xJZp; {/<P;,)''KQk5qpN8KGbe Sd̛\17 pa>SR! 3K4'+rzQ TTIIvt]Kc⫲K#v5+|D~O@%\w_nN[L9KqgVhn R!y+Un;*&/HrT >>\ t=.Tġ S; Z~!P9giCڧ!# B,;X=ۻ,I2UWV9$lk=Aj;{AP79|s*Y;̠[MCۿhf]o{oY=1kyVV5E8Vk+֜\80X4D)!!?*|fv u"xA@T_q64)kڬuV7 t '%;i9s9x,ڎ-45xd8?ǘd/Y|t &LILJ`& -Gt/PK! ѐ'theme/theme/_rels/themeManager.xml.relsM 0wooӺ&݈Э5 6?$Q ,.aic21h:qm@RN;d`o7gK(M&$R(.1r'JЊT8V"AȻHu}|$b{P8g/]QAsم(#L[PK-![Content_Types].xmlPK-!֧6 0_rels/.relsPK-!kytheme/theme/themeManager.xmlPK-!0C)theme/theme/theme1.xmlPK-! ѐ' theme/theme/_rels/themeManager.xml.relsPK] . ffYYY\ [ #.05@Bgu?\8@0(  B S  ?%%.-44=*urn:schemas-microsoft-com:office:smarttags PlaceType=*urn:schemas-microsoft-com:office:smarttags PlaceName9*urn:schemas-microsoft-com:office:smarttagsplace (7 OPRSUVXY[\s JPRSUVXY[\3!9:G-90<9Fp}YeOPPSSs J:G-90<9Fp}YeOPPRSSUVXY[\6OL:gfm^`o(.^`.pLp^p`L.@ @ ^@ `.^`.L^`L.^`.^`.PLP^P`L.6OL           ,34>bo}_ R'flPR@p@UnknownCraig, Kelvin L.G*Ax Times New Roman5Symbol3. *Cx ArialA$BCambria Math"1hi %i %9 9 !24MM3QHX?'2!xx  TSP Dollar Amount Formula for GMFinancial Services CenterCraig, Kelvin L. Oh+'0  0 < H T`hpx$TSP Dollar Amount Formula for GMFinancial Services CenterNormalCraig, Kelvin L.2Microsoft Office Word@G@>9U@>Be@>Be9՜.+,0$ hp   Department of Veterans Affairs M !TSP Dollar Amount Formula for GM Title !"#$%&')*+,-./2Root Entry FP13Ce41Table"WordDocument.SummaryInformation( DocumentSummaryInformation8(CompObjr  F Microsoft Word 97-2003 Document MSWordDocWord.Document.89q