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