Set Up Automatic Redundancy/Early Retirement ETPs
Use the PR Auto Termination Pay Setup from to create redundancy and early retirement ETP type records.
To set up automatic redundancy/early retirement ETPs:
- In the PR Auto Termination Pay Setup form, enter N, New, or + in the Seq field to generate the next available number.
- In the Termination Payment Type drop-down, select R - Redundancy/Early Retire.
- In the Redund ETP/Leave Earn Code field, enter the earnings code for redundancy/early retirement. For more Information, see Create Earnings and Deduction Codes for Redundancy/Early Retirement ETPs.
- Save the record.
The system will now generate a timecard record for all applicable earnings codes for each employee eligible for a redundancy/early retirement ETP. For more information, see Generate Payments for Terminated Employees.