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HomeMy WebLinkAboutMINUTES - 06241986 - 1.82 /h To: BOARD OF SUPER*ORS FROM: Phil Batchelor, County Administrator Contra Costa DATE: June 24 , 1986 CO �/ SUBJECT: Direct Deposit of Employee Paychecks �� �•� SPECIFIC REQUEST(S) OR RECOMMENDATION(S) & BACKGROUND AND JUSTIFICATION RECOMMENDATION Authorize Chair, Board of Supervisors, to sign a contractual agreement between the County and Contra Costa County Employees' Federal Credit Union to provide for direct deposit of employee paychecks. BACKGROUND One of the items negotiated with representatives of employee organizations last summer pertained to development of a plan providing for direct deposit of employee paychecks. This matter has been discussed with representatives of employee organizations and financial institutions, and a plan worked out which makes the direct deposit program possible utilizing the resources of the Contra Costa County Employees ' Federal Credit Union. A contract providing for implementation of the program is attached and information about the program will be distributed with the employee paychecks on July 10, 1986 . To participate in the program, employees must agree to deposit all net pay from their regular 10th and 25th payroll into a single account, pay a one-time set-up fee of $5. 00, and provide the Personnel Department with a deposit slip identifying the account to be credited with employee deposits. Instead of a paycheck, participating employees will receive a deposit receipt on payday similar to the current 10th paycheck stub. This deposit receipt will identify all earnings and deductions, and will indicate the amount of net pay forwarded to the employee' s bank or other financial institution. CONTI UED ON ATTACHMENT: YES SIGNATURE: AV COMMENDATION OF COUNTY ADMINISTRATOR RECOMMENDATION OF BOARD COMMITTEE APPROVE OTHER SIGNATURE(S): _ ACTION OF BOARD ON June 24 , 1986 APPROVED AS RECOMMENDED OTHER VOTE OF SUPERVISORS 1 HEREBY CERTIFY THAT THIS IS A TRUE .Y UNANIMOUS (ABSENT AND CORRECT COPY OF AN ACTION TARN 777YYY� AYES; NOES: AND ENTERED ON THE MINUTES OF THE BOARD ABSENT: ABSTAIN: OF SUPERVISORSSJS ON THE DATE SHOWN.. / CC: County Administrator ATTESTED _---C(3 Personnel Director PHIL ATCHELOR, CLERK OF THE BOARD OF Auditor-Controller County Counsel SUPERVISORS'AND COUNTY ADMINISTRATOR BY V DEPUTY M382/7-83