Menu Path
From the Human Resources menu, select Reference Tables. From the Payroll menu, select Deductions.
Set Up the Hybrid Mandatory Employee-Defined Contribution
Follow this procedure to set up Hybrid Mandatory Employee-Defined Contribution records. Every VRS Hybrid participant requires this benefit.
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Refer to Deductions/Benefits and set up Hybrid Mandatory Employee-Defined Contribution records.
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Assign the deduction codes to employees on the Employee Deductions page.
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Associate the deduction code with the Deduction Type E - Hybrid Mandatory Defined Contribution Employee on the VA State Reporting - Deductions page.
For information about the current Hybrid Mandatory Employee-Defined Contribution rates, refer to the manuals on the VRS Website for Employers.