Deduction Types Overview
Deduction types are already pre-populated.
After setting up deduction codes, you must associate them with a deduction type.
You can assign deduction types on the VA State Reporting - Deductions page of the following reports:
The following table describes the deduction types:
Deduction Type | Description |
|---|---|
R - Retirement Code | Assign this deduction type to retirement deductions. |
G - Group Life Code | This deduction type can be used for Group Life deductions. |
O - Optional Life Code | Assign this deduction type to Optional Life employee, spouse, and child deductions. |
H - Health Insurance Code | This deduction type can be used for health insurance deductions. |
B - Buyback Code | Assign this deduction type to buyback deductions. |
U - Unemployment Insurance Code | This deduction type can be used for unemployment insurance deductions. |
D – Hybrid Defined Benefit Employee | Assign this deduction type to Hybrid employee-defined benefits. |
E – Hybrid Mandatory Defined Contribution Employee | Assign this deduction type to Hybrid mandatory employee-defined contributions. |
F – Hybrid Mandatory Defined Contribution Employer | Assign this deduction type to Hybrid mandatory employer-defined contributions. |
V – Hybrid Voluntary Defined Contribution Employee | Assign this deduction type to Hybrid voluntary employee-defined contributions. |
M – Hybrid Defined Contribution Employer Match | Assign this deduction type to Hybrid defined employer match contributions. |
C – Hybrid Defined Benefit Employer Contribution | Assign this deduction type to Hybrid defined benefit employer contributions. |