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Finance committee hears payroll reconciliation update; $144,000 Social Security refund returned, 401(a) catch-up underway
Summary
City staff told the City Council finance committee that most payroll errors have been corrected, public safety 401(a) deposits are current, a $144,000 Social Security overpayment was refunded, and the city is moving recordkeeping from 1America/Voya to Empower this summer.
City Council finance committee members on Monday heard an update on a months-long payroll reconciliation that staff said has left employees “made whole” while the city cleans up systems and vendor connections.
Lauren Weaver, payroll manager, told the committee that the city confirmed a Social Security overpayment that was returned and that public safety 401(a) contributions have been “all current and caught up.” She said staff have uploaded city Social Security and retirement portions and are continuing work on civilian 401(a) matches and other integrations.
Why it matters: payroll errors can expose the city to employee hardship, cash-flow strain and additional consulting costs. Committee members pressed staff for an itemized accounting of direct and consultant costs tied to the…
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