Policy approved on salary spread Policy approved on salary spread

President Bardo has approved the following addition to the WSU Policies and Procedures Manual:
3.45/Salary Spread -- http://webs.wichita.edu/inaudit/ch3_45.htm
To set forth University policy to provide certain University employees with the option of spreading their nine or 10-month salaries over 12 months. In 2008, the University rescinded its policy on "check spread" due to changes in federal law regarding deferred compensation and the taxation thereof. Subsequent revisions in federal law and continuing employee interest have led to the reinstatement of the salary spread option under certain specified conditions.