SAP ABAP IMG Activity OHFBNPE04 (Define Flexible Benefits Pension Plan Attributes (FLEX))
Hierarchy
☛ EA-HRCGB (Software Component) Sub component EA-HRCGB of EA-HR
   ⤷ PA-BN-FB-XX (Application Component) General Parts
     ⤷ PAOC_BEN_FBN (Package) Flexible Benefits System
IMG Activity
ID OHFBNPE04 Define Flexible Benefits Pension Plan Attributes (FLEX)  
Transaction Code S_P2H_60000025   (empty) 
Created on 20031204    
Customizing Attributes OHFBNPE04   Define Flexible Benefits Pension Plan Attributes (FLEX) 
Customizing Activity OHFBNPE04   Define Flexible Benefits Pension Plan Attributes (FLEX) 
Document
Document Class SIMG   Hypertext: Object Class - Class to which a document belongs.
Document Name OHFBNPE04    

Define Flexible Benefits Pension Plan Attributes (FLEX)

Use

You use this step to control GB Flexible Benefits Pension Plans, by defining the following attributes:

  1. Whether the same previously enroled pension plan options can be carried forward as the default pension plan options for the employee in the next benefits year.
  2. Whether this plan needs an options check. This check is a comparison between the previously enroled pension plan and the employee's selection for the next benefits year. You can set an options check, for example, if you wish to restrict the range of pension plan options available, compared with the current benefits year.
  3. Whether this plan has a tax free threshold, above which plan payments become taxable. In Great Britain, payments into selected benefit plans are not entirely tax free. For example, payments into a Personal Computer (PC) Plan, a miscelleaneous plan, are tax free up to an annual threshold of GBP 500 . Any PC Plan payments above this amount will be taxable in the payroll.

    Therefore, you set this indicator for any pension plan where payments into it are subject to taxation restrictions. Note: The applicable tax threshold amount for each affected pension plan is maintained in the IMG step Define Annual Tax Free Boundary for Pension Plan (FLEX) (Customizing table V_T74_FBN08_E).

  4. The pension plan's validity period, in months. When employees enrol in pension plans during annual (open) enrollment, you need to assign a validity period for each pension plan available.

    For example, you wish to maintain an pension plan validity period of one year. You therefore enter a value of 12 in the field Month.

Requirements

For an existing pension plan to be carried forward as the default plan value for the coming benefits year, an adjustment reason must be also configured to allow this. You set this adjustment reason in the IMG step Assign Adjustment Reason for Benefits Plan Carried Forward (FLEX).

Activities

  1. Execute this IMG step and maintain your required selection parameters, as prompted.

    The table view Flexible Benefits Pension Plan Data: Overview appears, containing all the pension plan types defined under your selected benefits area.

  2. Set the CarryOver indicator for any pension plans where the same previously enroled plan can be carried forward as the default plan value for the employee in the next benefits year.
  3. Set the Opt.Chk indicator for any pension plans where you wish the system to check which plan options are valid for eligible employees in the coming year.
  4. Set theTax Free Boundary indicator for any pension plans that possess a tax free threshold, above which plan payments become taxable.
  5. Set the validity period, in months, for each pension plan in the field Months .

Example

Scenario 1:

You set the CarryOver indicator for a Pension Plan type, and you also set the "annual enrolment" carry over indicator in the IMG step Assign Adjustment Reason for Benefit Plan Carried Forward (FLEX). During annual (open) enrolment, an employee wishes to enrol in a pension plan for the coming benefits year XXXX (01.04.XXXX - 31.03.XXXX+1). The system searchs for the same pension plan record that is valid in the current benefits year. If such a record is found, this plan option will be carried forward to the new benefits year as the default plan option. If no record is found, this pension plan will be assigned the standard option as default.

Note: This operation exists so that employees can re-select existing plan options. Setting these indicators does not mean that plans are automatically enroled for the new benefit year.

Scenario 2:

An employee enroled in a Pension Plan ( a miscellaneous plan) in the last benefits year, opting to pay 10% of her annual salary in employee pension contributions. For the coming benefits year, your organisation decides that in the benefits area to which this employee belongs, employees may only spend up to 8% of their annual salary on employee pension contributions. You set the indicator Opt.Chk , meaning that the system will check which employee pension contribution options are valid for the employee in the coming year. The permitted plan options are maintained in the IMG step Define Miscelleneous Plan Option Jumping Setting (FLEX) (Customizing table: V_T74_FBN09_C). Therefore, setting this indicator means that a check is made for valid pension options stored in table V_T74_FBN09_C, and the employee can only enrol in the pension plan with the options contained in this Customizing table.

If there are no employee pension contribution options defined in table T74_FBN09_C, or you do not set the Opt.Chk indicator, all possible pension contribution options are valid for the employee.

Scenario 3:

You set theTax Free Boundary indicator for a miscellaneous plan that possesses a tax free threshold. When employees enrol in this particular miscellaneous plan, a check is made in the Customizing table V_T74_FBN08_C for the value of the tax free threshold operating in the plan.

For example, in the UK, the PC plan is subject to an annual tax -free threshold of GBP 500 limit. If an employee chooses a GBP 600 value for the PC, only GBP 100 of this amount is taxable. Payroll will therefore only take the GBP 100 above the threshold into taxable base consideration.

Scenario 4:

You set the validity period for a given pension plan in the field Months . Normally, flexible benefits plans are only valid for a period of 12 months. However, there are exceptions.

For example, the PC plan. Often such a plan extends for longer than 12 months. Assume you set the validity of the PC plan for 36 months. Employees can then enrol in this PC plan with a 3-year validity period. For the second and third year enrolment events, employees cannot amend the PC plan. This will only be possible after three benefit years have been completed.

Business Attributes
ASAP Roadmap ID 203   Establish Master Data 
Mandatory / Optional 1   Mandatory activity 
Critical / Non-Critical 1   Critical 
Country-Dependency I   Valid for countries specified 
Customizing Attributes Country Key Country Name
OHFBNPE04 GB United Kingdom
Assigned Application Components
Documentation Object Class Documentation Object Name Current line number Application Component Application Component Name
SIMG OHFBNPE04 0 PLN0000014 Great Britain 
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_T74_FBN00_A5 V - View SM30  
History
Last changed by/on SAP  20031217 
SAP Release Created in 200