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Core-CT HRMS Daily MailDate: 1/17/2018 Agency Action Needed: New Tier 4 Codes, Including ARP New hires that are eligible for Tier 4 per the 2017 SEBAC agreement need to
be placed in a Tier 4 Retirement Deduction Plan. Tier 4 Retirement Deductions
codes have been created for this purpose. Agencies are instructed to change
their applicable employees' deductions from Tier 3 to Tier 4 by Tuesday, January
23, 2018. Agencies are first instructed to end the employees’ current Tier 3 Retirement
plan. In Create General Deductions, with the Tier 3 Retirement Deduction Code,
create a new row and enter an effective date and end date equal to the same
value, i.e. Eff DT 1/5/18 and End DT 1/5/18. This will end the Tier 3 Deduction.
Using the Tier 4 Retirement Deduction Code from the list below, create a new
General Deduction with a 1/5/18 Effective date. For the field, “Calculation
Routine”, please use the drop down and choose “Default to Deduction Table”. Do
the same for the Employer share of the Tier 4 Retirement Deduction. NEW: If employee is in an Alternate Retirement plan, you must enter ONE
employee retirement deduction, either 'RARPS4' OR 'RARPS5', and BOTH employer
codes 'RARER4' AND 'RALTR4'. Please use the following list of Tier 4 Deduction Codes: Mirror Code: NEW CODE: Employer Code: RSER3 RSER4 RSERER RS3HZ RS4HZ RHAZER
RSHY5 RSHYC RSERER RARNSS RARPS4 RARER4 (NEW) RALTR4 (NEW) RARPSS RARPS5 RARER4 (NEW) RALTR4
(NEW) Return to Core-CT HRMS Daily Mail Home Page
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