Setting Up Military Deposits
|
Page Name |
Definition Name |
Usage |
|---|---|---|
|
Federal Distribution Destinations Page |
GVT_DEDUCT1_SEC |
Further define the deduction and the interface in which it will be included. |
|
GVT_MIL_INTRST_PNL |
Enter military deposit interest rate. |
Use the Military Deposit Interest page (GVT_MIL_INTRST_PNL) to enter military deposit interest rate.
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Image: Military Deposit Interest page
This example illustrates the fields and controls on the Military Deposit Interest page.
The interest rate on military deposits for post-1956 military service is computed on a calendar year basis, January 1 through December 31. Use this page to record the current interest rate. During the interest calculation process (FGPY020.SQR), the interest rate for the employee's Interest Accrual Date is used.
|
Field or Control |
Definition |
|---|---|
| Military Deposit Interest |
Enter the military service deposit interest rate. |