A teacher may be entitled to an adjustment of earnings upon separation of State service or transfer of their contractual obligation to an Annual pay basis prior to the end of their contract. Payment may be made immediately in Time Entry using Earnings Code BAL. Agencies must also submit General Comments explaining the calculation used.

The BAL calculation is as follows:

(Obligation Completed divided by Original Obligation) X Contract Salary (including additional salary factors) = Total Salary Due

Total Salary Due Minus Gross Contract Amount Paid to Date (i.e.: Goal Balance plus CON earnings, if any, due in current pay period plus additional pay earnings paid to date plus additional pay earnings for current period) = BAL Amount

Example 1:

In this example the employee was terminated on January 31. This examples uses percentage of contractual obligation completed.

The obligation is August 23 – June 11. The employee completed 50% of the contract obligation. August 23 – January 31.

The total amount that should have been paid is $45,000. Since only 50% was completed the $45,000 x .50 leaves $22500 that the employee should receive minus the amount paid to date leaves a balance due of $800.00

Example 2:

In this example the employee was terminated on May 1. This example uses the number of days completed.

In this example the employee completed 150 days of the total 180 days. The full contract for 180 days is $45,000. $45,000 divided by 180 (total number of contract days) is $250.00 a day.

150 days (actual worked) x $250. = $37,500 minus the amount already paid $35,000, the employee is due $2,500.

Balance of Contract for Institution Teachers Worksheet (Print only)

Balance of Contract for Administration Teachers Worksheet (Print only)