Update Deductions
Use the VA VRS Life Insurance - Update Deductions page to bulk update the employee deductions after completing the Maintain Data process.
Update the life insurance deductions before you run the payroll process. If there are any modifications to the imputed and voluntary VRS life insurance deductions or an employee's age changes, the deduction amount will be recalculated and revised accordingly.
On the VA VRS Life Insurance page, select Update Deductions.
Select PDF or Excel.
Select Calculate, then Yes.
Save the VA VRS Life Insurance report. If errors are found, save the error report.
Select OK.
Navigate to the containing folder. Inspect the files. Correct the errors and update data if needed.
After updating the data, reset the Optional Life Common Date and Optional Life Start Date fields on the VA VRS Life Insurance - Setup page to an earlier date.
Repeat steps 1 through 7 until no errors are found.
During the Update Deductions process, the voluntary life insurance deductions are updated only if the current date is later than the Optional Life Start Date on the VA VRS Life Insurance - Setup page. When the update is complete, the Optional Life Common Date and Optional Life Start Date fields are incremented by one year.