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Post Info TOPIC: Find out your retro from the March 4 check


Guru

Status: Offline
Posts: 541
Date:
Find out your retro from the March 4 check


Those of you who don't want to wait until next week to determine your retro pay pursuant to the new sergeant's contract, use this trick.

1) Log in to ESS.

2) Go to "Verification Letters"

3) Generate an "Employment Verification for Mortgage" letter (this "trick" is possible since ESS has already updated internally with your upcoming pay).

4) Note your "2022 Gross Pay" (highlighted in yellow).

5) Subtract from that number from your Gross Pay YTD from your last paystub.

6) That number is your gross for the March 4 paycheck, which includes the retro.

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To calculate an approximate take-home amount:

7) From your last paystub, take your "Gross Pay Current" and your "Net Pay Current."

8) Determine what percentage of your gross you typically net. You can use the middle calculator on https://percentagecalculator.net/ ("NET PAY from step 7 is what percent of GROSS PAY from step 7"?).

9) Add to that percentage any additional 457/410(k) contributions that you set up to take effect on the March 4 check.

9) Now take that final percentage, and apply it to your gross pay from step 6, and you should have an approximate idea of your take-home with retro.

Or, you could just wait until Thursday. But that's no fun.



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Senior Member

Status: Online
Posts: 276
Date:

Yeah.... I'm just gonna wait.

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