How to Add/Modify Pension Deductions (Board)

This screen allows the user to add, modify, duplicate or delete a pension code record. There are only three Pension Codes – OMERS, TSC (also referred to as TPP)  and TSCRET (also referred to as TPPRET).These are provincial pension plans. OMERS is used for non-teaching positions , TPP is used for Teaching positions and TPPRET is used for re-employed retirees. Only Active Records are displayed.

Use the following steps to Add/Modify Pension Deductions (Board):

          1. Click on Payroll

          2. Click on Board

          3. Click on Pensions Deductions

          4. Click the Find button at top of the menu bar to see all records in the database.

          5. If K212 HRP dialog box displays, click Yes to continue.

          6. Select a  Pension Code to modify or Select New at the top of the menu screen to add a new record

          7. Select a  Start Date value

          8. Select a Liability Account value

          9. Select an Expense Account value

          10. Select an OMERS Group ID value

          11. Enter in any other relevant information on the screen (If applicable) (Consult the user guides for more information about each field)

          12. Click the Save button to save your changes