Academic Year Reserve Program
The following information pertains to the enrollment period for Academic Year 2026-2027 Reserve Program. It does not impact any current deductions or payouts occurring in the summer of 2026.
Key Dates & Information
- Online form enrollment ends 5:00 PM on 8/24/26 (strictly enforced deadline)
- First paycheck with the reserve deduction taken 9/11/26
- First paycheck with the distribution returned 6/4/27
- Percentage deduction from net pay is 26.92%
- Coverage for 90 summer period days.
- Deduction is taken from 263 academic period days.
- Email went out on x/x/xxxx, copy below.
Key Points
- Reserve deduction is only taken on full payroll periods during the academic year.
- Reserve deduction is a designated flat percentage of net pay.
- Electing this option will not impact any summer salary you might receive for administrative, teaching, or research work etc.
- Reserve funds are distributed according to the accumulated amount divided equally over seven (7) pay periods.
- Reserve distributions will be a separate check from any summer other pay.
- Reserve distributions will not have deductions or taxes taken. All involuntary and voluntary deductions and taxes were taken during the original payroll period (during the reserve deduction).
- Gross pay is not delayed. This process is a deduction that is taken during the academic year and then disbursed (refunded) during the summer periods.
- All withheld funds will be paid to you if you leave KU during the program period.
- This process does not impact any of the current interfaces or reporting for KU and State of Kansas systems, as pay is accounted for and distributed when it is earned. This is an employee deduction process only.
- This does not impact your W-2, employment verification or conditions of employment.
- Enrollment is required each year, this is not an automatic renewal.
Key Employee Considerations:
- Offers participants a disbursement during the summer periods.
- No effect on benefits coverage, including medical benefits.
- No fees charged to participate.
- Does not delay retirement contributions.
- Disburses the reserved funds evenly based on seven pay periods.
- The reserved funds will not earn interest; however, no fees will be charged.
- Eligible employees who prepay for summer benefits will notice smaller take home pay in the spring semester pay periods when those prepay deductions are assessed.
- The reserve is only assessed on after-tax payroll earnings and will not be taken on supplemental payments, such as cash awards and overloads.
- Participation is only available to faculty members who work the full academic year.
- See Sample Worksheet for details.
2026-2027 Program Email:
Faculty Academic Year Pay Reserve for Summer Disbursement
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