Calculating PAS Tax Rate

For calculating PAS, PeopleSoft has delivered three deductions elements.

This table describes the delivered deduction elements associated with PAS. A (gc) in the row indicates that the deduction has a generation control.

Deduction Element	Description	Deduction Calculation Rule
PAS (gc)	This deduction is made by the employer when the income is paid to the employee.	Base* Percent
PAS REGUL BS	This deduction is used for Base regularization.	Base* Percent
PAS REGUL RT	This deduction is used for Rate regularization.	Base* Percent

For more information on PAS REGUL BS and PAS REGUL RT, see Regularizing the Deduction for PAS

As a payroll administrator, you can update values for the following variables using SOVR (Supporting Element Override) option.

Variable	Description
PAS VR ELIGIBLE	This variable indicates if the employee is eligible for PAS deduction. If the value of the variable is blank, then the employee is eligible for PAS deduction. If any value is entered for the variable PAS VR ELIGIBLE, then the employee is not eligible for PAS deduction. Default value of this variable will be blank.
PAS VR REDUCTION	This variable is used to store the percentage of reduction from the Fiscal Net. The value for this variable will be at the employee level and a payroll administrator can enter a new value via SOVR (Supporting Element Override). Default value of this variable will be zero (0).