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Fiserv Extends Change in Military Leave Policy

BROOKFIELD, Wis. - Fiserv employees called for active duty won't face a cut in salary. Fiserv, parent of six credit union data processing companies, changed its military leave policy after the Sept. 11 terrorist attacks to ensure that employees called to active duty receive their full pay and dependent health...

By Staff Writer | Updated on April 08, 2003

BROOKFIELD, Wis. – Fiserv employees called for active duty won’t face a cut in salary. Fiserv, parent of six credit union data processing companies, changed its military leave policy after the Sept. 11 terrorist attacks to ensure that employees called to active duty receive their full pay and dependent health care benefits while away from their jobs. Fiserv is making up the difference between an employee’s usual pay and military duty pay while activated. Employees may continue dependent health care benefits at the regular employee contribution rates. Ten Fiserv employees are now on active duty. Prior to Sept. 11, 2001 Fiserv made up the difference between usual salary and military pay for up to 10 working days a year for a full-time employee who participated in summer encampments or other reserve activities.

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