Pension System

The Pension System (PNST) page defines the Retirement System, Retirement Pay Code Source, Default Assign Code, and Default Retirement Pay Code Source that is used for pension processing.

STRS Non-Member Pension System - This field specifies the Pension System to be used for STRS Non-Member reporting for PERS employees. This field can only be populated if the Retirement System is PERS.
STRS Non-Member Pension Tier - This field specifies the Pension Tier to be used for STRS Non-Member reporting for PERS employees. This field can only be populated if the Retirement System is PERS.
Employee vs Appointment - This field must be set to 'Employee' for Retirement System processing.
Retirement System - The Retirement System is used to determine the processing for employees enrolled in PERS / STRS deductions. Valid values are:

Not Applicable if you are not using PERS / STRS processing at your site.
STRS Member if employees in this Pension System / Pension Tier are participating in STRS.
STRS Non-Member if employees in this Pension System / Pension Tier are STRS eligible but not currently participating in STRS.
PERS Member if employees in this Pension System / Pension Tier are participating in PERS.

Retirement Pay Code Source - This field is used to establish a hierarchy order for retrieving the Retirement Pay Code that is used to calculate the Retirement Pay Rate for PERS / STRS contributions. Valid values are:

Not Applicable if you are not using PERS / STRS processing at your site.
Use PNAC Path if this option is selected, the system first tries to retrieve an entry from the Pension System Alternative Code (PNAC) page. If no entry is found, the system uses the Default Retirement Pay Code found on Pension System (PNST) page. If no entry is found there either, the system defaults to the DPLN Path
Use DPLN Path if this option is selected, the system first tries to retrieve an entry from the Deduction Plan (DPLN) page. If no entry is found here, the system uses the Retirement Pay Code entered on the Pay Class (PYCL) page. If still no entry is found, the system defaults to the amount basis of the Pay Class that the employee is assigned to.

Default Assign Code - If the Retirement Pay Code Source field is set to Use PNAC Path, and no Assign Code entry is found for the Pension System / Pension Tier on the PNAC page, the Assign Code entered here is used in STRS processing.
Retirement Pay Code - If the Retirement Pay Code Source field is set to Use PNAC Path, and no Retirement Pay Code entry is found for the Pension System / Pension Tier on the PNAC page, the Retirement Pay Code entered here is used for PERS / STRS processing. Valid values for Default Retirement Pay Code are:

For a Retirement System, valid values for this field are 01 (Monthly), 04 (Hourly), and 08 (Daily).
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.