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The following statements are taken from the ICMA Retirement Corporation's web site:
"The International City/County Management Association created the ICMA Retirement Corporation (RC) as a separate, not-for-profit organization in 1972." \\
!!ICMA Setup
To execute the required report the only set up required is a pay element and the Interface Format form ([IDIF]).
The benefit plan may be set up with the standard benefit components documented in the Benefits Administration section (see the Pension Sample Plan). \\ \\
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!Pay Element - [IPPE]
One pay element must be created in order to execute the report:
ICMA Element Pay element that contains the deduction pay components that qualify for ICMA\\ \\
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!Interface Format - [IDIF]
If not already defined in the Interface Formats Definition ([IDIF])form, load the standard interface file format using the starter_idif_hl$icma.sql script.\\
Modify the standard ICMA file to bank requirements using the [IDIF] function. Rename the code from HL$ICMA to a user-defined code.\\
||Rec||Field||Start Position||Ending Position||Name||Variable Number||Notes
|1 |1 |1 |55 |Company Name| |Enter in Constant
|2 |1 |1 |11 |Filler | |
|2 |2 |12 |15 |Plan ID| |Enter in Constant
|3 |1 |1 |4 |Filler | |
|3 |2 |5 |14 |Company PIN| |Enter in Constant
|4 |1 |1 |4 |Filler| |
|4 |2 |5 |15 |Total Contribution|Total Contribution|ICMA Element from [UPICMA]
|4 |3 |16 |30 |Filler| |
|4 |4 |31 |41 |Calculated Amount|Total Contribution|ICMA Element from [UPICMA]
|5 |1 |1 |9 |Filler| |
|5 |2 |10 |15 |Pay Issue Date|Pay Issue Date|Pay Header Issue Date
|6 |1 |1 |55 |Employee Name|Employee Name|Identity Name
|6 |2 |56 |64 |Employee SSN|Employee SSN|Identity Government ID
|6 |3 |65 |72 |Filler| |
|6 |4 |73 |83 |Employee Contribution|Employee Contribution|ICMA Element on [UPICMA]
!!Create ICMA Interface File
These are the report parameters for the monthly-required report.
[{InsertPage page='UPICMA' section=2}]