File code: ADM.ELECFUND.POL
Approval Date: 07/23/98
Approved By: President's Staff
Policy on Electronic Funds Transfer Payroll Program
All persons newly employed or re-employed by Western Illinois University on or after July 1, 1998, will be enrolled in the Electronic Funds Transfer (EFT) Payroll Program, with the exception of students and "employees" who are receiving a one-time lump sum payment. Enrolled employees may not revoke participation after July 1, 1998, but may change accounts or banking facilities.
Persons employed prior to July 1, 1998, will be encouraged to participate in the EFT Payroll Program, but enrollment shall not be required.
It shall be the employee's responsibility to notify the Payroll Office when changing accounts or banking facilities.
The University reserves the right to deny EFT Payroll Program participation in unusual circumstances, in accordance with State of Illinois regulations. In addition, EFT will be stopped in order to hold a final paycheck when a completed clearance sheet is not on file.