Browse leave, vacation, sick pay and severance codes.
PTL may identify paid parental leave. It should be distinguished from job-protected leave, state paid-family-leave benefits and employer top-ups. Several records can apply to the same absence.
How to read this entry
Use the meaning Paid parental leave alongside the column heading. An earnings amount, an employee deduction and an employer-cost memo can have different effects even when their labels look similar.
Example on a pay statement
If an employer pays a $200 top-up while another programme pays a $600 benefit, confirm whether the statement shows only the top-up or the combined $800.
Examples illustrate the checking method. They are not a personal tax calculation or a promise of a particular benefit.
What to check with payroll
Match the employer policy, benefit award and coordination rules before adding multiple rows together.
Compare related entries
Read the leave, vacation, sick pay and severance codes guide to compare the entries in this part of your statement. Use the full pay stub code directory when a second abbreviation is unfamiliar.
Reference and scope
Official guidance on leave, vacation, sick pay and severance codes provides background on the underlying rules. The actual plan, tax year, jurisdiction and payroll record determine how the rules apply.