Predicted to enable protein serine/threonine phosphatase activity. Predicted to be involved in protein dephosphorylation. Predicted to act upstream of or within MAPK cascade and transmembrane receptor protein serine/threonine kinase signaling pathway. Orthologous to human PPM1L (protein phosphatase, Mg2+/Mn2+ dependent 1L). [provided by Alliance of Genome Resources, Apr 2022]