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  2. A pay plan is a two-digit alphabetical code used to identify Federal civilian pay systems. The U.S. Office of Personnel Management (OPM) approves pay plan codes for agency use. OPM-approved pay plan codes are found Part A of the Guide to Data Standards.
    www.opm.gov/policy-data-oversight/pay-leave/pay …
    Transaction Codes (TC), Prefix Codes (PC) and Shift Suffix Codes (SSC) control the rate and kind of pay an employee will receive. They are used to record all time and attendance data, including hours worked, absences, allowances, differentials, and other entitlements.
    www.commerce.gov/hr/practitioners/compensation …

    The Classification pages provide:

    • General information about the classification of Federal positions
    • Occupational information
    • Grading criteria for the General Schedule and Federal Wage Classification Systems
    www.opm.gov/policy-data-oversight/classification-q…
     
  3. People also ask
    What are payroll codes?Payroll codes are pay stub abbreviations that help accountants and payroll personnel regulate their payroll management processes and guarantee that all employees are properly compensated. There is much to learn about payroll codes, from the different types of codes used by employers to understanding how to read the meaning of each.
    What are earnings payroll codes?Earnings payroll codes are pay stub abbreviations that pertain to the employee’s job role and the pay period covered by a specific pay stub or payroll. The said code also encompasses all types of pay or compensation, whether they refer to the employee’s regular rates, paid time-off, or overtime pay.
    What is a pay plan code?A pay plan is a two-digit alphabetical code used to identify Federal civilian pay systems. The U.S. Office of Personnel Management (OPM) approves pay plan codes for agency use. OPM-approved pay plan codes are found Part A of the Guide to Data Standards.
    What is a med/ins payroll code?The values under the MED/INS payroll code pertain to employee contributions for their medical insurance premiums. It stands for pre-tax deductions meant to cover vision insurance premiums. DEN (Dental Premium) is a code used when employees elect to receive dental care services such as teeth whitening, teeth extraction, and regular checkups.
     
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      Employee Payroll System | Payroll Calculation & Filing

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    Web544 rows · May 1, 2018 · The following is a list of transaction codes that may appear on a Statement of Earnings and Leave: See Also. Payroll/Personnel Output Reports. Annual Leave Status Report of …

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