Financial Services Procedures

Compensation Overpayment and Recovery

Financial Affairs, Financial Services   |   Approved March 1, 2016

Purpose

Establish instructions and guidelines for UMB Operational Units (schools, departments, divisions) to use when an employee is in debt to UMB for overpayment of compensation. UMB must recover the overpayment in accordance with State regulations and UMB policy.

Applicability

Active or separated employees who received an overpayment of compensation in error, regardless of whether the error was originated by the employee, the unit, a central administrative office, or the computer system.

Operational Units and individuals with responsibilities or duties associated with compensation payments.

Instructions

Click the following link for instructions on the recovery of compensation overpayments:

Financial Services Standard Operating Procedure No. 3315 Compensation Overpayment and Recovery


Additional Guidance:

Unit Payroll Processing

Effort Management

 Accounts Receivables – UMB Customer Billing System

 

Fill out my online form.