Understanding Payroll Data

You can load payroll data in one of two forms:

• Raw data about earnings, hours, and contributions that Pension Administration can consolidate.

• Already-consolidated data.

The advantage of loading raw data is that the system performs your consolidations. For example, if an employee in Plan A transfers to Plan B and Plan B needs earnings data that predates the transfer, Plan B cannot use the consolidated data from Plan A. If the raw data is in the system, you can easily use the Plan B consolidation rules. Loading raw data is also advantageous if you make a correction to your method of consolidating the data.

The system does not use raw data during calculations. Data must be consolidated for the system to recognize the information.

If you currently store your payroll data as consolidated amounts, it might be more efficient to load consolidated data.