Q. My son was just hired as an apprentice ($15.78 per hour). His leave and earnings statement Code K shows he only contributes $10.10 per pay period. This can’t be correct, or is it?
A. Yes, it is. As a FERS employee, he would contribute .008 percent to the retirement fund. If he receives $15.78 per hour and has an 80-hour workweek, his gross income per pay period would be $1,262.40, which would require that $10.10 be deducted from his pay.
