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1,540Our registered pension contributions have attached paycodes including Salary and Regular pay. We are now paying Vacation using the VAC paycode and reducing the Salary accordingly. Previously we just paid Salary when employees took vacation.
Because of this change, we need to calculate pension on both the Salary and the Vacation.
Eg. 1 day vacation = $100 + 9 days of salary = $900 = $1000
This pay period we are paying out last year's vacation days not taken. We do NOT want pension to be calculated on the additional vacation pay, but we DO want the vacation accrual to be reduced. This means we can't use a separate vacation paycode, right? I also can't take VAC out of the attached payocdes for the Registered Pension calculation because some employees in fact will be taking vacation this pay period.
Am I missing something? We can't be the first company to need this.
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