SAP ABAP Data Element P01C_KZVFK (Constant Period-Specific Annuitization Factor)

Hierarchy

☛ SAP_HRCDE (Software Component) Sub component SAP_HRCDE of SAP_HR
   ⤷ PA-PF-DE (Application Component) Company Pension Scheme Germany
     ⤷ P01A (Package) HR Germany: Retirement Pension Plan

Basic Data

Data Element	P01C_KZVFK
Short Description	Constant Period-Specific Annuitization Factor

Data Type

Category of Dictionary Type	D	Domain
Type of Object Referenced		No Information
Domain / Name of Reference Type	XFELD
Data Type	CHAR	Character String
Length	1
Decimal Places	0
Output Length	1
Value Table

Further Characteristics

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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	Per Period
Medium	15	Per Period
Long	20	Annuitiz. per Period
Heading	6	Period

Documentation

Definition

Defines whether the pension factor is evaluated for specific periods using a constant or whether the current value is valid for the period.

Example

Period Income Pension factor
01.01.1996 - 31.12.1996 40,000 18%
01.01.1997 - 31.12.1997 50,000 19%
01.01.1998 - 31.12.1998 60,000 20%

Basis for pension calculation:

• Current value:
  40,000
  + 50,000
  + 60,000
  ----------
  150,000 * 20% = 30,000
  
• For exact periods: 40,000 * 18% = 7,200,-
  50,000 * 19% = 9,500,-
  60,000 * 20% = 12,000,-
  --------
  28,700,-

History

Last changed by/on	SAP	19990312
SAP Release Created in