Employer Contribution Type

Specify a domestic currency symbol if the amount entered in the Employer Retirement Contrib field is a domestic currency amount. Enter a percentage sign if the amount is a percentage of the employee's wages.

If you have a zero amount in the Employer Retirement Contrib field, and the Type is %, then the payroll calculation occurs, but if the Type is $, then no calculation is performed. This allows you the flexibility to calculate a retirement amount for only certain users.