So it is almost time to fill up the pool I have been working on. (http://imgur.com/a/JFZZj) I do have a couple of basic questions however. First can anyone identify this?
This is the biggest it will let me upload, but you can find a bigger one in the gallery. My best guess is that it is a drain of some kind. Also this is a picture of one of my returns.

There is a small rubber disc object under the grate that can be loosened or removed. Should I just remove them or leave them loose? Is there anything else I need to install to direct the water for the returns? Thank you so much for all your help.
Dan

This is the biggest it will let me upload, but you can find a bigger one in the gallery. My best guess is that it is a drain of some kind. Also this is a picture of one of my returns.

There is a small rubber disc object under the grate that can be loosened or removed. Should I just remove them or leave them loose? Is there anything else I need to install to direct the water for the returns? Thank you so much for all your help.
Dan