Step 4 Enter Plan Settings (HR Core)

Use the Manage Deferred Compensation Plans screen in the Deferred Compensation Admin module to enter the plan entrance information, vesting schedule, and general information that the system uses to calculate data and produce reports.

The code you enter in the Deferred Compensation Plan field on this screen is separate from the deduction code; however, it is recommended to use the same or similar code and description here that you use for the deduction. Many deduction codes can be associated with one deferred compensation plan code.