Email to all District 64 Staff:
I have been asked by the PREA to provide an explanation of two areas on the paychecks - deductions and benefits. The document below is a summary of descriptors under each category.
Deductions: Items that reduce the gross payroll amount to determine the net check. Items such as federal income tax, pension payments (Social Security, Medicare, Illinois Municipal Retirement Fund (IMRF), Illinois Teacher Retirement Fund (TRS), Illinois Retired Health Insurance Fund (THIS)), health & dental insurance deductions, annuity payments, Section 125 medical or dependent care accounts and or credit union deductions.
Benefits: Items that the Board of Education pays on your behalf. Items such as the employer cost of health insurance, dental insurance, life insurance, pension (IMRF, Social Security, Medicare, TRS and/or THIS). Amounts under the benefit area are not used in determining the net check.
Payroll Definitions: Deductions & Benefits (PDF)