CARES Act Employee Retention Credit

Are there any PeopleSoft delivered updates planned, or any guidance on payroll setup and processing, for the Employee Retention Credit of the CARES Act?

https://www.irs.gov/newsroom/faqs-employee-retention-credit-under-the-cares-act

What is the Employee Retention Credit?

The Employee Retention Credit is a fully refundable tax credit for employers equal to 50 percent of qualified wages (including allocable qualified health plan expenses) that Eligible Employers pay their employees. This Employee Retention Credit applies to qualified wages paid after March 12, 2020, and before January 1, 2021. The maximum amount of qualified wages taken into account with respect to each employee for all calendar quarters is $10,000, so that the maximum credit for an Eligible Employer for qualified wages paid to any employee is $5,000.