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***Note***  In order to see 'Employer Retirement Share' option, go to SYSTEM/MODULES and click on  and then click on 'Click here to refresh page'. Turning this Module on will also turn on the 'Employer Retirement Share Submission' option under USAS Integration.

Employer Retirement Share distributes the board's retirement share by allocating amounts to non-general (non-001) fund accounts at a flat 14% rate of the current payroll items paid. Any remaining amount is then allocated to the general fund (001) accounts by prorating to each account based on the current payroll items paid. Employer Retirement will not create accounts if they don't exist. It will use USPS Mapping for the accounts. The object codes are used from the payroll item configuration and mapping.