VRS OLIP EMP 5
VRS OLIP EMP 6
VRS OLIP EMP 7
VRS OLIP EMP 8
The NEW Employee deductions mirror the EMP 4 deduction in the screenshot below, but the computation slightly changes for each one. Use EMP 4 as a template when setting up EMP 5-8. Add Deduction Description
EMP 5 has ONE of the following two computations depending on the current setup in EMP 4:
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*500*[CURRENT DEDUCTION RATIO]
+[DYNAMIC ADJUSTMENT AMOUNT] FI
OR...
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*500*[CURRENT DEDUCTION RATIO]
+[PAYROLL][PAYDEDM][ADJUSTMENT AMOUNT] FI
EMP 6 has ONE of the following two computations depending on the current setup in EMP 4:
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*600*[CURRENT DEDUCTION RATIO]
+[DYNAMIC ADJUSTMENT AMOUNT] FI
OR...
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*600*[CURRENT DEDUCTION RATIO]
+[PAYROLL][PAYDEDM][ADJUSTMENT AMOUNT] FI
EMP 7 has ONE of the following two computations depending on the current setup in EMP 4:
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*700*[CURRENT DEDUCTION RATIO]
+[DYNAMIC ADJUSTMENT AMOUNT] FI
OR...
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*700*[CURRENT DEDUCTION RATIO]
+[PAYROLL][PAYDEDM][ADJUSTMENT AMOUNT] FI
EMP 8 has ONE of the following two computations depending on the current setup in EMP 4:
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*800*[CURRENT DEDUCTION RATIO]
+[DYNAMIC ADJUSTMENT AMOUNT] FI
OR...
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*800*[CURRENT DEDUCTION RATIO]
+[PAYROLL][PAYDEDM][ADJUSTMENT AMOUNT] FI
VRS OLIP SPC 5
VRS OLIP SPC 6
VRS OLIP SPC 7
VRS OLIP SPC 8
The NEW Spouse options 5-8 mirror the SPC 4 deduction in the screenshot below EXACTLY. Use SPC 4 as a template when setting up SPC 5-8.
SPC 5-8 have ONE of the following two computations depending on the current setup in SPC 4:
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE SPOUSE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*200*[CURRENT DEDUCTION RATIO]
+[DYNAMIC ADJUSTMENT AMOUNT] FI
OR...
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*(COMPUTE_TABLE_RATE(EVALUATE_STRING("\"[PAYROLL][ANNUAL VRS OLIP COST]["+
(INTEGER_TO_STRING([AGE SPOUSE AS OF VRS COMMON DATE]))+"]\"")))*
(ROUNDUP([CURRENT DEDUCTION LIFE INSURANCE SALARY]/100000))*200*[CURRENT DEDUCTION RATIO]
+[PAYROLL][PAYDEDM][ADJUSTMENT AMOUNT] FI
VRS OLIP DEP 5
VRS OLIP DEP 6
VRS OLIP DEP 7
VRS OLIP DEP 8
The NEW Dependent options 5-8 mirror the DEP 4 deduction in the screenshot below EXACTLY. Use DEP 4 as a template when setting up DEP 5-8.
DEP 5-8 have ONE of the following two computations depending on the current setup in DEP 4:
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*[PAYROLL][PAYDDMS][FLAT AMOUNT]*12*[CURRENT DEDUCTION RATIO]+[DYNAMIC ADJUSTMENT AMOUNT] FI
OR...
IF([CURRENT DEDUCTION CHECK GROSS]=0) THEN RETURN_VALUE=0 ELSE RETURN_VALUE=[VRS FACTOR]*[PAYROLL][PAYDDMS][FLAT AMOUNT]*12*[CURRENT DEDUCTION RATIO]+[PAYROLL][PAYDEDM][ADJUSTMENT AMOUNT] FI
AND...
Flat Amount $2.40 on the Compute Tab