Create additional cumulation model for pension plans
Customizing Activity
OHAUSBEN0029
Create additional cumulation model for pension plans
Document
Document Class
SIMG
Hypertext: Object Class - Class to which a document belongs.
Document Name
OHAUSBEN0029
In this step, you assign short names and descriptions to the wage type models that determine what contributions your enterprise will make to employee pension plans. In the standard system, these models are known as "additional cumulation models" and are used to store pensionable earnings.
Activities
Execute this IMG step to create at least one additional cumulation model for employee pension plans.
Select New entries.
Enter a four-character identifier for the gross compensation model under the column labeled Subapp.
Under the column labeled Subapplication text, enter an appropriate description for the model.
Among the adjacent columns, specify whether the validity interval for the model occurs on a yearly, monthly or daily basis. To do so, select the appropriate radio button.
If the model satisfies a statutory requirement, select the checkbox in the column labeled Statutory.
Repeat steps 2-6 to create further cumulation models, if your enterprise requires them.