Department of Accounts s2

Department of Accounts Payroll Bulletin

Calendar Year 2007 March 21, 2007 Volume 2007-07

In This Issue of  Payments to Board and The Payroll Bulletin is published Commission Members periodically to provide CIPPS agencies the Payroll guidance regarding Commonwealth payroll  FBMC Focus Group Meeting operations. If you have any questions about Bulletin….... the bulletin, please call Cathy McGill at (804) 371-7800 or Email at [email protected] State Payroll Operations Director Lora L. George Assistant Director Cathy C. McGill

Payments to Board and Commission Members

IRS Challenge The IRS has challenged the methodology some agencies have used to pay and report to compensation received by board members for attending board meetings. As Met documented on page 21 of the CAPP Topic 20320 (link provided below), entities are hod instructed to contact the Attorney General's office for guidance. olog y http://www.doa.virginia.gov/Admin_Services/CAPP/CAPP_Topics/20320.pdf

FBMC Focus Group

FBMC Focus There will be an FBMC Focus Group Meeting on Tuesday, April 17, 2007. The Gro group will meet in Conference Room E of the Monroe Building at 9:30 am. up The meeting provides a forum for interested Benefit and Payroll Administrators to meet with representatives from FBMC to discuss issues and /or changes in procedures associated with the administration of voluntary supplemental insurance, annuities (403(b)), and cash match (401(a)) products provided through the Virginia Provider Network. In addition, it provides an opportunity for FBMC to meet new Virginia employees and answer any questions they might have about the process.

Please email Cathy McGill at [email protected] by April 10 if you plan to attend.

EZ Reimburse This meeting also provides an opportunity to find out more about the new medical (Deb reimbursement account stored value card option available to employees during open it) enrollment this year. Car d Calendar Year 2007 March 21, 2007 Volume 2007-07

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