Setting Up Military Deposits

Page Used to Set Up the Military Deposit Interest Rate

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. See Federal Distribution Destinations Page.
Military Deposit Interest Page	GVT_MIL_INTRST_PNL	Enter military deposit interest rate.

Military Deposit Interest Page

Use the Military Deposit Interest page (GVT_MIL_INTRST_PNL) to enter military deposit interest rate.

Navigation:

Set Up HCM, and then Product Related, and then Payroll for North America, and then Compensation and Earnings, and then Military Deposit Interest USF, and then Military Deposit Interest

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	Description
Military Deposit Interest	Enter the military service deposit interest rate.