SAP ABAP IMG Activity HR_ECM_00_LT_011 (Define Life Events)
Hierarchy
EA-HRGXX (Software Component) Sub component EA-HRGXX of EA-HR
   PA-EC-LT (Application Component) Long-Term Incentives
     PAOC_ECM_LTI_BL (Package) Long Term Incentive Plans - Business Logic
IMG Activity
ID HR_ECM_00_LT_011 Define Life Events  
Transaction Code S_ALN_01001533   (empty) 
Created on 20030220    
Customizing Attributes HR_ECM_00_LT_1_1   LTI - Mandatory - Critical 
Customizing Activity HR_ECM_00_LT_011   View V_T71LTI11 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name HR_ECM_00_LT_011    

In this step, you define events that occur at the employee level. Such events affect the administration of LTI data, particularly the number of awards, the expiry date and the way vesting is handled. This aspect, however, is dealt with in the step Set Default Values for Life Events.

Example

Depending on the company policy:

  • The expiry date may be anticipated on retirement.
  • Awards may forfeit immediately when an employee leaves the company or when the company decides to cancel an entire LTI plan.
  • Awards may forfeit on termination.
  • Vesting may accelerate when an employee gets married and he/she may exercise 25% of his/her shares immediately.

Requirements

Standard settings

The SAP System is shipped with a set of predefined life events that you can change to meet your company-specific requirements.

Recommendation

Determine which life events apply within your organization.

Activities

  1. Choose New entries.
  2. Enter a 4-character code and a description.
  3. Save your entries.

Further notes

Business Attributes
ASAP Roadmap ID 203   Establish Master Data 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 1   Critical 
Country-Dependency A   Valid for all countries 
Maintenance Objects
Maintenance object type C   Customizing Object 
Assigned objects
Customizing Object Object Type Transaction Code Sub-object Do not Summarize Skip Subset Dialog Box Description for multiple selections
V_T71LTI11 V - View SM30  
History
Last changed by/on SAP  20030220 
SAP Release Created in 200