Pay Class
The Pay Class (PYCL) page defines the Retirement Work Schedule and Retirement Pay Code that is used for pension processing.
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For employees in this Pay Class who are associated with a PERS Retirement System, enter the Retirement Work Schedule. An employee’s Retirement System is assigned on the Pension System (PNST) page.
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Enter the Retirement Pay Code to be used for employees in this Pay Class. The Retirement Pay Code entered here is used to calculate the Retirement Pay Rate for STRS / PERS deductions when the Pension System (PNST) page has the Retirement Pay Code Source field set to Use DPLN Path and no Retirement Pay Code has been entered on the Deduction Plan (DPLN) page for a STRS / PERS deduction. Valid values for Retirement Pay Code are:
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For a Retirement System, valid values for this field are 01 (Monthly), 04 (Hourly), and 08 (Daily).
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For a Retirement System of STRS Member and STRS Non-Member, the valid values for this field are 0 (Annual), 1 (12 Month Contract), 2 (11 Month Contract), 3 (10 Month Contract), 4 (Hourly), and 8 (Daily). Note: These values are 1 digit codes.
Refer to the "Pay Class" topic in the Payroll Processing User Guide for more information on this page.