Hierarchy
SAP_HRCDE (Software Component) Sub component SAP_HRCDE of SAP_HR⤷
PA-PA-DE (Application Component) Germany⤷
PB01 (Package) HR Master Data: Germany
Basic Data
| Data Element | P01_WGSCH |
| Short Description | Value Credit Key |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | P01_WGSCH | |
| Data Type | CHAR | Character String |
| Length | 4 | |
| Decimal Places | 0 | |
| Output Length | 4 | |
| Value Table | T5D40 |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | ||
| Default Component name | ||
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Val.Credit |
| Medium | 15 | Value Credit |
| Long | 21 | Value Credit Key |
| Heading | 12 | Value Credit |
Documentation
Definition
Flexible working plan rules (sec. 7, par. 1a SGB IV) make it possible for working hours rendered or remuneration received to be used later for release from work. These credits are managed in time or money and are grouped under the term "value credits". This includes any yields resulting from the value credit.
Use
Value credits must be managed elsewhere. This value credit key is only used to process the social insurance implications of value credits. This means there are wage types that are assigned to this value credit key and therefore provide information about the reduction, accrual, and status of the value credit and/or the amount of the value credit paid in case of a disruptive event. By assigning the wage types to a value credit key, you can determine the SI-relevant attributes such as legal area, SI exemption, and value credit after earning capacity is reduced, and therefore calculate the income threshold deficit for disruptive events.
Note
The information below illustrates which criteria can be used to differentiate value credits:
- Subdivision by use for company pension scheme
If the value credit is to be used for the company pension scheme, this must be defined when the agreement on the flexible working hours policy is concluded. If the agreement did not allow for this use previously and is directly supplemented by this use, then any value credit accrued before this point can be used for the company pension scheme without requiring a disruptive event. Otherwise it must be reported separately from the previously accrued value credit.
- Subdivision into legal areas
Value credits that were accrued partially for work in the West legal area and partially in the East legal area must be reported separately, due to regulations of the statutory pension insurance.
- Acquisition of a value credit by third parties
When an employee purchases a value credit from another employee, this value credit is exempt from tax and contributions. These value credits must be indicated as such in the payroll records.
- Value credits exempt from tax and contributions
Tax-exempt remuneration components cannot be used as value credits relevant for social insurance. The value credit must be assigned to a legal area, as when they generate yields, they are liable to tax and social insurance contributions, which in turn must be assigned to the legal area of the value credit that generated them.
- Value credits from earned yields
Yields (interest income and the like) must be assigned to a social insurance-relevant value credit. When you manage a value credit that is relevant for social insurance, you have to make sure that at least the originally used remuneration is retained. Accordingly, yields have to be managed with a different value credit. Any value increases must be assigned to the legal area of the value credit that generated them.
- Value credits in semiretirement
In semiretirement in the block model, the value credit in pension insurance is the difference between the previous remuneration and the remuneration for semiretirement. Remuneration elements that were paid 100% in the working phase and are no longer paid in the release phase are not part of the value credit. This value credit is used for the release phase. Value credits that were earned before the start of semiretirement can be used to reduce the working phase during semiretirement.
- Value credits earned before January 1, 2001
Value credits from periods prior to January 1, 2001 must be reported separately in the payroll records. These value credits must be reduced first in the release phase.
- Transfer of the value credit during a change of employer
If an agreement for a flexible working hours policy is concluded with the new employer and the value credit earned from the previous employer is contributed, then no contributions are due upon the change. The new employer assumes the income threshold deficit for disruptive events determined for the previous employer, but only up to the amount of the transferred value credit. If the old and new employers are in legal areas, then the new employer must request a new company number for the other legal area from the employment office, because if a release from work or disruptive event occurs, the contributions must be calculated and paid for the other legal area and the DEUEV notifications must contain this company number. The contribution group key that the employee had for the other employer also has to be transferred.
- Value credits during a temporary annuity due to reduction in earning capacity
If a temporary annuity due to reduction in earning capacity is recognized, no disruptive event occurs for the previous value credit at first if the work relationship is merely inactive or ended with a rehiring confirmation. A new value credit can be created from this point, however, which can grow through further savings (the employer is in the block model in semiretirement, for example, and has 6 weeks of continued pay) or through yields (such as the value credit prior to the reduction in earning capacity).
History
| Last changed by/on | SAP | 20010607 |
| SAP Release Created in | 470 |
