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USPS Fiscal Year Updates and Tax Table Modifications (December 2014)

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The latest updates from USPS, as of December 2014, introduce significant changes to payroll and compliance features. Key updates include the integration of the 2014 tax tables based on IRS guidelines, the addition of the ACA-compliant AFFORD program for tracking employee retire hours, and modifications to payroll notices to display accrued wages clearly. March and May releases further refine employee submissions, update surcharge amounts, and improve searching capabilities for concealed employees. Stay informed to ensure accurate payroll processing and compliance.

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USPS Fiscal Year Updates and Tax Table Modifications (December 2014)

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  1. USPS Fiscal Year Releases and Updates June 6,2014

  2. DecemberRelease • Tax Tables were updated to include 2014 tax information from IRS • Afford program has been added under USPS, USPS_RPT, AFFORD. This report utilizes the retire hours to track employees based on weekly or monthly preference to assist with ACA compliance. Document on website to help with option.

  3. March Release • Show accrued wages separately on payroll notices. If the Check stub desc on jobscn is blank, it will list reg and acc on payroll notice.

  4. Added new SERS/STRS New Hires • SERSHIRE – SERS New employee submission Tape and Report. • STRSHIRE – New Employee Submission Tape & Report • STRSHSEND – This will send new STRS New Employee Submission File to STRS

  5. MarchRelease Cont’d. • SERSREG: Show employees with a Y and R in new employee section at bottom of SERSREG report.

  6. March Release cont’d • SURCHG amount has been updated to 20,250.00 for FY 2014. • Only allow deposit type of 22 for HSA deductions • SERSREG/STRSMonth will flip New Employee flag on 400/450 record to N. • UPDCAL_CUR/FUT – Give Warning message for no retire hours with MIS, DCK,SHP,IRR,BCK,or TRM pay types.

  7. May Release • Perdet - Add prompt to exclude employees after prompt to exclude 8xx position codes. • AUDRPT – Allow concealed employees to be searched by name or employee id. • Updated DEDSCN to allow deposit type 22 and 32 for HSA. • STRS now counting Holiday as a work day.

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