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Updating Direct Deposit: Submit a completed authorization form and a voided check or other banking document as directed on the form.Alternative to Direct Deposit: Employees that do not provide direct deposit information will receive their wages deposited on the Key2Prepaid Pay Card through Key Bank.Full and part-time employees classified to work between 20 and 40 hours per week are eligible for benefits. 292.12) requires that state employees receive their paychecks electronically through direct deposit to a checking or savings account.The Sooner Credit amount contributed for each employee is prorated based on their full-time equivalency (FTE) as shown below. Employees who are unable to have an account at a financial institution will receive their pay on a Pay Card.The IRS permits certain students to be exempt from paying FICA when they work at the college they are attending (Internal Revenue Code 3121(b)(10)). Payroll and Employee Services in Norman or Payroll Services at HSC can provide basic information about forms and documents.
The 1042-S tax form reports earnings that are covered under a tax treaty.The Key2Prepaid Pay Card has features similar to a debit card and free withdrawals can be made at Allpoint and Key Bank ATMs.Other transactions made with the Key2Prepaid Pay Card may have fees.Often student employees in Norman must pick up their first paycheck.This can be done in Payroll Distribution, which is not part of Payroll and Employee Services.