Date: March 31, 2011
To: Employees Enrolled in the Police & Fireman’s Retirement System (PFRS)
From: Vivian Fernández
Vice President Faculty and Staff Resources
Subject: PFRS Payroll Deduction Correction

This is to alert you to an over-deduction for pension contribution and group life insurance costs which will appear in your paycheck dated April 1, 2011. The over-deduction will be addressed through an adjusted (lesser) contribution and deduction amount which will be applied to your next five paychecks. At the end of this period, your normal deductions will resume. Please note that this will not result in any loss of pay to you.

We apologize for any inconvenience this may have caused. If you have any questions, please call 732-932-3020, extension 4109 or 4104.