MD Retirement Systems Report - Setup Deductions

Use the MD Retirement Systems Report - Deductions page to add, update, delete, search, and print Maryland retirement deduction code mappings. The data is used during payroll processing and state retirement reporting to classify and report employee retirement contributions properly.

Perform the following setup procedure before creating the Retirement Systems report.

On the MD Retirement Systems Report page, select Deductions.
On the MD Retirement Systems Report - Deductions page, filter records using the filter criteria. To enter filter criteria:
1. Select an option in the first field.
2. Select or enter a value.
3. Select Add if the button is enabled.
  Refer to Search for records for more information.
  - To add a record, select Add Record. Refer to the Field descriptions and enter valid information in the required fields. Select Save, and then Yes.
  - To edit a record, select the ellipsis in the Actions column and then select Edit. Update the information and select Save.
  - To delete a record, select the ellipsis in the Actions column, select Delete, and then select Yes.
  - To download the information, select Download, then select Download PDF or Download as an Excel Document. The default file names are:
    - Excel: MD Retirement Systems Deductions_<MMDDYYYY_hhmmss>.csv
    - PDF: MD Retirement Systems Deductions_<MMDDYYYY_hhmmss>.pdf

Field descriptions

The following table describes the fields on the Retirement Deductions form of the MD Retirement Systems Report - Deductions page.

Field	Description
Deduction Code	The payroll deduction code that is associated with Maryland State Retirement System contributions. The deduction code links payroll deductions to the appropriate retirement system for reporting purposes. This field is view-only and cannot be updated after saving the record.
Description	The title or name associated with the selected deduction code, providing context for the type of retirement contribution. This field is view-only.
System Code	The Maryland State Retirement System the deduction applies to. Valid values: 1 - Teachers Retirement 2 - Employees Retirement 6 - Teachers Pension 7 - Employees Pension
Plan Code	The specific retirement plan within the system. Valid values: blank (no specific plan) 8 - Contributory Pension Plan
Board Paid Benefit	Indicates whether the retirement contribution associated with this deduction code is paid by the employer (board) rather than withheld from the employee's wages. When this option is selected, the deduction is classified as an employer-paid benefit for retirement reporting purposes.