Update Retirement Allowance Options
- Jason Reel (Deactivated)
When users add a new pay period, via Settings>Weekly Allowances, they must also update the retired settings for the new pay period. If this is not done after creating a pay period then active worksheets work but retired officer worksheets and reports are blank. Users can also create a new pay period from the Retirement Options screen and add the retirement data.
The "Retirement Options" screen contains the allowance retirement factor that is applied to the allowance rate, it has a table used to calculate the projected retirement dates, grant ceiling amounts, and the default Medicare premium amount. All of these need to be set in order for the retired officer allowances to work properly.
Step-by-step guide
An admin user will need to perform the following steps to finalize the new pay period.
Go to the Settings>Retirement Options screen.
Select the new pay period from the drop-down at the top (or select an existing pay period).
Copy the rates from the previous pay period (or enter them manually).
Click on the "Copy Values from a Previous Pay Period".
Select the pay period that should be copied.
Enter the grant ceiling and Medicare premium amounts.
Ensure the three (3) retired grant tables have also been updated.
Click "Save".
When creating a pay period with this method the system does not generate weekly allowance amounts. Those would need to be added from the “Weekly Allowances” screen in settings. Pay periods that are not set up completely will result in missing information when users try to use them in reports.