PERS Report - Setup - Update Benefits
Use the OR PERS Report - Update Benefits page to define how benefit deduction amounts affect PERS-subject or non-subject salary calculations on the Oregon PERS retirement report. This page allows users to specify whether the benefit amount from specific deduction codes should be added to gross pay, reported as non-subject salary, or have no effect on PERS reporting, with separate settings for different PERS tiers.
On the OR PERS Report page, select Setup, and then Update Benefits.
Filter records using the filter criteria. To enter filter criteria:
Select an option in the first field.
Select or enter a value.
Select Add if the button is enabled.
Refer to Search for Records for more information.To add a record, select Add new. Refer to the Field descriptions and enter valid information in the required fields. Select Save, then Yes.
To edit a record, select the record and select Accept. Update the information and select Accept.
To delete, select Delete, then Yes.
To download the information, click Download, and then select Download PDF or Download as an Excel Document.
Field descriptions
The following table describes the fields on the Retirement Paycodes form of the OR PERS Report - Update Benefits page.
Field | Description |
|---|---|
Deduction Code of Benefit | The deduction code of the benefit affecting PERS reporting. This field identifies the specific payroll deduction code (e.g., health insurance, life insurance, or other fringe benefits) that impacts how employee compensation is calculated for Oregon PERS retirement reporting purposes. Select Lookup to search for and select a deduction code. The records on the Deduction Code Search Tool page are retrieved from the Deduction Table page. This field is view-only and cannot be updated after saving the record. |
Effect for PERS Tier 1 and 2 | The effect of the deduction code on PERS Tier 1 and 2 employees. This field determines how the selected benefit impacts retirement reporting for employees enrolled in the original PERS Tier 1 (members before January 1, 1996) or PERS Tier 2 (members on or after January 1, 1996, but before August 29, 2003) retirement plans. Valid values:
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Effect for OPSRP Tier 3 | The effect of the deduction code on OPSRP Tier 3 employees. This field determines how the selected benefit impacts retirement reporting for employees enrolled in the Oregon Public Service Retirement Plan (OPSRP), which applies to members hired on or after August 29, 2003. Valid values:
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