PAYROLL DEDUCTION AUTHORIZATION FORM
Employee Name: ______
Designation: ______ID # ______
Department: ______
I hereby authorize (add name of the company here) to make the following deductions from my gross earnings every month, start from (starting month) and ending at (end month)
401(k) Plan / $ / % of net payEmployee savings Plan / $ / % of net pay
Loan Repayment to ______/ $ / % of net pay
Union Dues / $ / % of net pay
TOTAL
Total (in words) ______
I understand that the deduction may not be made if I have insufficient income in a pay period
I understand that statutory dues such as Income Tax and Social Security Tax take precedence over these deductions
I understand that the deductions may not take effect during the current payroll cycle
I will not hold the company liable for any deductions made or not made
Signature:
Name:
Date:
FOR PAYROLL USE
Received on (date) Initials ______
Action Taken on (date) Initials ______