Hybrid Defined Benefit Employer Contribution

Menu Path

From the Human Resources menu, select Reference Tables. From the Payroll menu, select Deductions.

Set Up the Hybrid Defined Benefit Employer Contribution

Follow this procedure to set up Hybrid Defined Benefit Employer Contribution records. Every VRS Hybrid participants require this benefit.

1. Refer to Deductions/Benefits and set up Hybrid Defined Benefit Employer Contribution records.

2. Assign the deduction codes to employees on the Employee Deductions page.

3. Associate the deduction code with the Deduction Type C - VRS Hybrid Defined Benefit Employer Contribution on the VA State Reporting - Deductions page.

For information about the current Hybrid Defined Benefit Employer Contribution rates, refer to the manuals on the VRS Website for Employers.