Pension Profile
The Pension Profile transaction allows you to record and view information pertaining to an employee's pension plan and pension deductions. Although pension profiles can be established at the appointment level, retirement processing requires that the Pension Profile be entered at the employee level. All employees who are using retirement processing should have the Appointment ID set to ’ * ’. If no Pension System and Pension Tier is established for the employee on PENS, retirement processing uses the Pension System and Pension Tier from the Sub-Title (STTL) entry associated with the employee’s primary (blank) appointment.
The Pension Profile transaction is comprised of the following tabs:
Pension ProfilePension Profile
Use this tab to enter header information of Pension System. Enter Pension System Code, Pension Tier Code, Short Description, From date, and other optional information.
Pension Profile DetailPension Profile Detail
Use this section to enter pension profile detail information of Pension Deduction. Enter Deduction Type, Deduction Plan, Override Amount, From date, To date, and other relevant information.
The Pension Profile transaction can be created in one of the following way:
Select the Create action on the Transaction Catalog.
Select the Create Pension Profile row-level action on the Employee Pension Profile tab of the Deduction Management (DEDM) activity folder.
Select the Modify Pension Profile row-level action on the Employee Pension Profile tab of the Deduction Management (DEDM) activity folder.
TasksTasks
Refer to the following common business tasks for additional information:
