SUBJECT: PAYMENT OF NINE -MONTH CONTRACTS 

APPLICABILITY: FACULTY AND STAFF 

The procedure of payment of a nine-month contract over twelve months is intended for those employees with a stable income expectation.  Any payroll change requested during the year regardless of the reason may result in termination of the twelve-month payment agreement at the option of the Controller provided full settlement is made with the employee and payment reverts to a nine-month basis. 

An agreement will be automatically renewed each fiscal year without submission of a new pay option form.   Any decision to revert to 9-month pay for the following fiscal year must be submitted in writing to the payroll department on-or-before August 31.   The agreement is irrevocable for one year, and any agreements received after August 31 will not be honored under any circumstances.