SERS Retirement Deduction Codes Examples | PowerSchool ERP Compliance

The following examples show how to set up SERS Retirement Deduction Codes for various requirements.

Example 1: SERS Employee Contribution (Standard)

The following table lists the tabs, fields, and values required to set up the SERS Employee Contribution (Standard) deduction code on the Deduction Table page.

Tab	Field	Value
General	Deduction Code	SERS
General	Title	SERS EMPLOYEE
General	Check Title	SERS EE
General	Frequency	A (All Pays)
General	Maintain Arrears	Select this option.
General	Method	P - Table %
General	Subjective Gross	TT - Total Gross
Employee	Withholding Account	01-0000-2151
Employee	Deduction Amount/Rate	10
Employee	Maximum Method	Y - Year to Date
Employee	Cafeteria Plan	N
Employer	Benefit Method	N - None
Taxation	Federal Tax (Deduction)	Select this option.
Taxation	State Tax (Deduction)	Select this option.
Taxation	FICA Tax (Deduction)	Leave this option unchecked.
Taxation	Local Tax (Deduction)	Select this option.
Vendor	Vendor	SERS
Vendor	Payment Frequency	M (Monthly)

Example 2: SERS Employer/Board Contribution

The following table lists the tabs, fields, and values required to set up the SERS Employer/Board Contribution deduction code on the Deduction Table page.

Tab	Field	Value
General	Deduction Code	SERB
General	Title	SERS BOARD
General	Check Title	SERS BD
General	Frequency	A (All Pays)
General	Maintain Arrears	Leave this option unchecked.
General	Method	N - None
General	Subjective Gross	TT - Total Gross
Employee	Withholding Account	Leave this field blank.
Employee	Deduction Amount/Rate	0
Employee	Maximum Method	Y - Year to Date
Employee	Cafeteria Plan	N
Employer	Benefit Method	P - Table %
Employer	Benefit Amount/Rate	14
Employer	Benefit Charging	A - All Pay Rates
Employer	Benefit Account	01-2700-2210-000
Employer	Benefit Liability Account	01-0000-2151
Employer	Encumber Benefits	Select this option.
Employer	Times Encumbered	26
Taxation	All Tax Exemptions	Leave this option unchecked.
Vendor	Vendor	SERS
Vendor	Payment Frequency	M (Monthly)

Example 3: SERS Pickup on Pickup (Pre-Tax with Gross-Up)

The following table lists the tabs, fields, and values required to set up the SERS Pickup on Pickup (Pre-Tax with Gross-Up) deduction code on the Deduction Table page.

Tab	Field	Value
General	Deduction Code	SEPP
General	Title	SERS PICKUP ON PICKUP
General	Check Title	SERS PP
General	Frequency	A (All Pays)
General	Maintain Arrears	Select this option.
General	Method	P - Table %
General	Subjective Gross	TT - Total Gross
Employee	Withholding Account	01-0000-2151
Employee	Deduction Amount/Rate	10
Employee	Maximum Method	Y - Year to Date
Employee	Cafeteria Plan	N
Employer	Benefit Method	N - None
Taxation	Federal Tax (Deduction)	Select this option.
Taxation	State Tax (Deduction)	Select this option.
Taxation	FICA Tax (Deduction)	Leave this option unchecked.
Taxation	Local Tax (Deduction)	Select this option.
Vendor	Vendor	SERS
Vendor	Payment Frequency	M (Monthly)

Example 4: SERS Post-Tax Contribution

The following table lists the tabs, fields, and values required to set up the SERS Post-Tax Contribution deduction code on the Deduction Table page.

Tab	Field	Value
General	Deduction Code	SEPT
General	Title	SERS POST TAX
General	Check Title	SERS PT
General	Frequency	A (All Pays)
General	Maintain Arrears	Select this option.
General	Method	P - Table %
General	Subjective Gross	TT - Total Gross
Employee	Withholding Account	01-0000-2151
Employee	Deduction Amount/Rate	10
Employee	Maximum Method	Y - Year to Date
Employee	Cafeteria Plan	N
Employer	Benefit Method	N - None
Taxation	Federal Tax (Deduction)	Leave this option unchecked.
Taxation	State Tax (Deduction)	Leave this option unchecked.
Taxation	FICA Tax (Deduction)	Leave this option unchecked.
Taxation	Local Tax (Deduction)	Leave this option unchecked.
Vendor	Vendor	SERS
Vendor	Payment Frequency	M (Monthly)