This policy addresses the method in which paychecks are processed for University employees, as permitted by employee’s work state. If any part of this policy does not reflect the Collected Rules and Regulations (CRR), the provisions of the CRR will govern.
HR Policy Provisions
- Employee payroll funds will be deposited directly to a bank or other financial institution(s) specified by the employee in myHR.
- The financial institution(s) identified must participate in the Automated Clearing House (ACH) program.
- Release Dates
Funds will be distributed on the Universities regularly established payday (See HR-219 Pay Periods).
Requests for an exception to the general policy must be submitted by the employee in writing, must provide reasons and must be approved by the appropriate University, MU Health Care, or UM System Human Resources and the University System Controller.
Date Created: 09/26/1997
Updated: 09/01/2000; 07/15/2020; 06/23/2022