Field Description - Ret-ME Supplemental Insurance Withholding Amount
The Ret-ME Supplemental Insurance Withholding Amount is the dollar amount for supplemental MainePERS (Maine Public Employees Retirement System) Group Life Insurance withheld from the employee's pay. Check Entry automatically calculates the amount in the Standard Deductions Area, or you can enter it manually.
Tips:
Check Entry calculates the Supplement Insurance Withholding Amount for any employee with an MSR Life Insurance Code that begins with S or F.
For information about the calculations, see the Understanding the Maine Public Employees Retirement System (MainePERS) topic.
Format: 3.2 numeric