Originally Posted by flap

Absolutely.

The only question is where their money comes from. From the PS if deferral is less than about 65% or from normal pay if more than that.

I am sure there are many that didn't read the email and will be shocked at a smaller than usual paycheck

Would hate to make odds on payroll doing this correctly. This will include two different tax rates, 3 PRAP contribution sources and a potential reconciliation of past LTD premium and imputed income issues, not to mention the new pay rates and new LTD rates.