Garnishments and Levies

VOLUME: IV	POLICIES RELATED TO PAYROLL ADMINISTRATION
SUBJECT:	Garnishments and Levies
SOURCE:	Financial Management Services, University Treasurer’s Office, Indiana Statutes (I.C. 24-4.5-5-105(2)), and Internal Revenue Service.
DATE ISSUED:	October 1990; Revised July 2007
POLICY NO.:	IV - 120
RATIONALE:	To state Indiana University’s intention to comply with federal and state law in the matter of wage garnishments and wage assignments.
POLICY:	Indiana University will honor all court orders to garnish employee wages. All orders for wage assignment or voluntary assignments will be honored. In cases of multiple wage assignments, priority for honoring them will be in the following order: 1. Child support 2. The following will be honored in the order received: Federal, state and local tax levies Creditor garnishments Student Loans Voluntary Assignments Appropriate remittances will be made of monies collected. FMS will maintain confidential files which will contain court orders, IRS levies, monies collected, and any other pertinent information concerning affected employees.
RESPONSIBLE ORGANIZATION:	Financial Management Services