New Alternative Retirement Systems (ARS) video tutorial and guide now available

posted May 2, 2018, 12:47 PM by Peyri Herrera
NEW!

NEW ARS VIDEO TUTORIAL

The CRC has created a new ARS video tutorial that explains the administration of an Alternative Retirement System in PeopleSoft. See how to:
  • Create employee eligibility in Job Data 
  • Enroll an employee into an ARS plan 
  • Input an adjustment on the payline 
  • Audit your organization’s staff 
Link: PeopleSoft ARS Tutorial (24 min)

ARS Video Tutorial Screenshot


NEW ARS GUIDE

The Alternative Retirement Systems (ARS) documentation has been revamped and is now a comprehensive guide: Alternative Retirement System (ARS) Guide v3.0.pdf (21 pp.)

ARS Guide Contents

FEATURES:

Overview: The overview clarifies the setup and administration of an Alternative Retirement System record in PeopleSoft for an individual employee.

Recommended Process: On p.2, added an administration overview, including what is required, what may be necessary, and tools for auditing.

Added new auditing tools:
  • Review deduction balances on the review self-service paycheck screen. 
  • Review Deduction balances on the Periodic payroll events screen. 
  • Review Earnings balances on the Periodic payroll events screen. 
  • Audit your organization’s staff monthly deductions for ARS on the Deduction Register report. 
  • Audit your organizations monthly contributions for ARS on the Employer Benefit Contribution report. 
Added a new query: Added a new query to help ARS administrations fulfill their responsibilities.
  • M_BN_ARS_AUDIT – Audits the employee’s Job Data employee records to ensure that Elig Config 2 and the Retirement Enrollment screen have been coded for ARS.