On July 15, 2005 an automatic termination program occurred that inserted a July 1, 2005 TER/VOL job row on all active employees who did not have a New Fiscal Year 2005/06 row on PeopleSoft. This program is run every year right before the Payroll Office starts the processing of the July 15th pay period to ensure that overpayments do not occur on employees who should not be paid in the New Fiscal Year.
These employees were not budgeted in BRASS, or a New Year job was not created on FYSC, and a PAN form was not submitted to Payroll or HR to set up a New Fiscal Year job row for these employees.
The New Year Fiscal PAN forms you will receive by July 21st are for all those employees who were TER/VOL effective July 1, 2005 by the automatic termination process. If you wish to pay these employees in the New Fiscal Year please rehire the employee and submit the PAN form to the PAN Office in Human Resources.
