Hierarchy

⤷

⤷

IMG Activity
ID | RTP_KR_006 | Define Contribution Rates |
Transaction Code | S_L4H_49002370 | (empty) |
Created on | 20110823 | |
Customizing Attributes | RTP_KR_006 | Define Contribution Rates |
Customizing Activity | RTP_KR_006 | Define Contribution Rates |
Document
Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
Document Name | RTP_KR_006 |
Use
In this Customizing activity, you define the rates that the system uses to calculate pension contributions. To determine the rates, the system processes the decision factors for rates; therefore you need to define the rates based on those decision factors.
The Calculate Retirement Pension Contribution (KR) (KRRPC) payroll function reads the determined rates and multiplies them with the contribution bases to get the contribution amounts from either the employer or the employees.
Requirements
You have defined a process to calculate an employee's service length in Customizing for Personnel Management under Personnel Administration -> Evaluation Basis -> Calculation of Employment Period.
Standard settings
Activities
First, you need to specify the decision factors the system uses to determine the rates:
- None: a default fixed rate
- Seniority: floated rates according to employees' service lengths
Note
For the Seniority criteria, you must assign a process to calculate employees' service lengths. For more information about how to define the calculation process, see the Requirements section.
Then, you can define contribution rates for each decision factor.
Example
If you need to differentiate rates of pension contribution for your employees according to how long they have worked for the company, you can define the rates as follows:
- 0 to 3 years: 9.3%
- 3 to 5 years: 9.8%
- 5 years and upwards: 10.2%
Business Attributes
ASAP Roadmap ID | 204 | Establish Functions and Processes |
Mandatory / Optional | 1 | Mandatory activity |
Critical / Non-Critical | 1 | Critical |
Country-Dependency | I | Valid for countries specified |
Customizing Attributes | Country Key | Country Name |
---|---|---|
RTP_KR_006 | KR | South Korea |
Assigned Application Components
Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
---|---|---|---|---|
SIMG | RTP_KR_006 | 0 | JD1000008 | Deductions / Determining The Bank Transfer Amount |
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 |
VC_T7KRR5 | C - View cluster | SM34 |
History
Last changed by/on | SAP | 20110823 |
SAP Release Created in |