Retirement System Deductions
The Retirement System Deductions page allows users to add, update, delete and generate reports on retirement deductions. Deductions are taken out at each pay cycle according to whatever retirement investment plan the school or district may have.
The Retirement Deductions table is used in Ohio Payroll Processing to make sure Days and Hours are properly accrued to employees, eSERS, STRS per-pay processing, and STRS Annual Member Contribution reporting.
Menu Path: Human Resources > State > State > OH Retirement System Deductions
Adding a new record
Select Human Resources > State > State > OH Retirement System Deductions to display the Retirement System Deductions page.
Click Add New.
Complete the fields in the OH Deductions Information section. For details, refer to the Fields section below.
When finished, click OK to save the record.
Updating an existing record
Select Human Resources > State > State > OH Retirement System Deductions to display the Retirement System Deduction page.
In the Search Criteria section, enter criteria identifying the records to list, and then click Find.
In the List section, select the desired record, and then click OK.
In the OH Deductions Information section, update the fields as needed.
When finished, click OK to save the record.
Deleting a record
Select Human Resources > State > State > OH Retirement System Deductions to display the Retirement System Deduction page.
In the Search Criteria section, enter criteria identifying the records to list, and then click Find.
In the List section, select the desired record, and then click Delete.
In the Confirmation dialog, click Yes to delete the record.
Generating a report
Select Human Resources > State > State > OH Retirement System Deductions to display the Retirement System Deduction page.
In the Search Criteria section, enter criteria identifying the records to list, and then click Find.
In the List section, select the desired record, and then click Print.
In the Print window, specify how you want to generate the report, and then click OK. The report's default file name is ohretire_ded.rpt.
Fields
OH Deductions Information Section
Field | Description |
---|---|
Deduction Code | Drop-down selection of codes identifying the deduction record. |
Retirement System | Drop-down selection of the two different retirement systems. Select: 1 - SERS - School Employees Retirement System |
Plan Type | Drop-down selection of the retirement deduction plans. Select: RE - Regular |
Employee or Board | Drop-down selection of the share contribution. Select: E - Employee Share |
Accrued | If employees with this deduction are currently being paid accrued wages, select the checkbox. Otherwise, leave it blank. |
Update Retirement Days | If this deduction should be used to increase employee retirement days, select this checkbox. Otherwise, leave it blank. |
Exclude from Retirement | If, for any reason, the deduction needs to be excluded, select the checkbox. Otherwise, leave it blank. This is a not a common situation. |