Hypertext: Object Class - Class to which a document belongs.
Document Name
OHAGBP008
In this step you define the holidays for each pension scheme. A pension scheme holiday is a period during which pension contributions are not made. However, the system keeps a record of what contributions would have been made in the period.
Example
Requirements
A pay date for any pay period must be within the defined holiday period if the pension scheme is to be accounted as a holiday for that pay period. For example, if the pension holiday is from 1st March to 31st March, any payroll run with pay dates in March will have that scheme accounted as a holiday.
Standard settings
Recommendation
SAP recommends that when you are setting up your pension scheme you enter at least one record on the table. If there are no actual pension holidays to be entered then at least one record is available with the correct wagetypes. This record can then be copied for each pension holiday as needed at a later stage.
Activities
Select the pension scheme.
Enter the pension holiday date range and the wagetypes for employee and employer holidays (P6 and P7 in the convention).
Select the corresponding checkbox if the holiday refers to the employee or the employer or both. If the entry is only provided as an initial refrence record, leave these checkboxes unselected.