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