Utilizing the Back DCRP Deduction

The District has the option of creating a Back DCRP deduction.  If this recommended setup is utilized, the back DCRP deduction will utilize the employees current contractual salary to calculate the back DCRP deductions.   When the standard set of deductions is created, the Back DCRP deduction is generated and it is set to Simple Amount - Declining Balance.   You can utilize the deduction "as-is" but understand that it will ONLY calculate the employee share of DCRP.  It WILL NOT include the employer share as with the regular DCRP deduction.  

If you want the Back DCRP deduction to function exactly the same as the DCRP deduction (and calculate / charge the proper employer share) you can perform the following modifications to the Back DCRP deduction:

1. Set the Type to System (DCRP)
2. Click Save. 

Utilizing the Back DCRP deduction (if modified as noted above)

You will add the Back DCRP deduction to the staff members deductions.  The system will automatically utilize the current pensionable wage for the calculations.  We recommend you enter the start and end dates for utilizing the deduction and processing payroll.