Contributory Retirement System
Provides PERA Compliant Accounting System
Functionality
Reporting Capabilities
- Balance Sheet
- Cash Distribution & Receipts
- Vendor History Listing
- 1099R
- Annual Statement Accounting Section
- General Ledger & Trial Balance
Automates Administration of Active and Retired Member Responsibilities
Functionality
- Life Card maintenance
- Payroll - pay splits, attached pay, direct deposit
- 1099R, Box 2A calculation
- Optional 20% federal tax deduction on refunds
- Simplified general rule worksheets
Reporting Capabilities
- Report and tape for PERA active/retired member actuarial study
- Year-end supplemental report
- Tape or modem transmission of 1099Rs
- Active/Retired member labels
Additional Features
- Securities Module tracks investment activity, provides data for Annual Statement & generates Schedules 3A to 4C
- Interfaces with Payroll Administration Module
- Report Generator allows for customized database manipulation and report creation
- Two levels of system security prevent unathorized access and use by terminal and function
|
How Can We Help
