Hypertext: Object Class - Class to which a document belongs.
Document Name
OHADBAV360AE
Example
Retirement pensions for a company are processed using a pension fund. The active employees pay a monthly contribution of 2% of their gross income. For salary elements that exceed the contribution assessment threshold for pension insurance, an additional 7% is paid. The pension plan also makes sure that the pension fund contributions for periods during which the employee performs a reserve duty military exercise (unpaid absence) are paid as if the absence were paid.
The employer contributions are always 80% of the employer contributions.
Standard settings
Contributions to a pension fund are calculated in payroll and stored in the payroll cluster. Employer and employee contributions can be calculated as well as fictitious contributions from the valuation of unpaid absences (for example, reserve duty military exercise). The pension fund calculation supports both monthly and annual calculations (cumulation calculation).
Hierarchy 
SAP_HRCDE (Software Component) Sub component SAP_HRCDE of SAP_HR
PA-PF-DE (Application Component) Company Pension Scheme Germany
P01A (Package) HR Germany: Retirement Pension Plan
IMG Activity 
Document 
History 
