Steps to Manage Pension Plans

To manage pension plans:

1. Create and maintain pension plan definitions using the Pension Plan page.

2. Assign employees to pension plans and maintain data using the Payee Pension Plan ESP page.

3. Calculate payroll for employees with pension plans.

4. Generate regular reports, which include information related to pension plans.

5. Generate the Model 345 file using the Create 345 Model File ESP page.