What's NewFY2011 Policy for Benefits Performance Sweep
If transfers are completed to fund salary and benefits expenses from fund 110 to 191, 192, and 171, you will receive credit for these transactions within the Budget Office's benefits performance sweep calculation.
This is subject to the following stipulations:
- Units must have some benefits performance to sweep. If there is no positive benefits performance in the fund 110, then there is no potential injury to address through a credit. No money will be transferred; this credit is an offset against a potential benefits performance sweep.
- Units must provide a list of the employees that were originally budgeted in fund 110 and the benefits amounts that were eventually expensed in funds 171, 191, or 192.
- Units will not receive a blanket credit for all benefits expense on these funds (see stipulation #2 above).