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_VRFAN |
| Short Description | Employee Annuitization Factor |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | P01C_KONST | |
| Data Type | CHAR | Character String |
| Length | 5 | |
| Decimal Places | 0 | |
| Output Length | 5 | |
| Value Table | T5DC1 |
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 | EE AnnFact |
| Medium | 15 | EE Annuit.Fact. |
| Long | 20 | EE Annuitiz. Factor |
| Heading | 5 | EE AF |
Documentation
Definition
This annuitization percentage rate determines which share of the employee's contributions paid since January 1, 2002 is paid as a pension. The "Annuitization Factor Indicator" defines whether this amount is taken as a yearly or monthly value.
The annuitization percentage rate is evaluated specifically for each period.
Example
Period Contrib. Annuit. factor
01/01/2002 - 12/31/2002 500 EUR 18%
01/01/2002 - 12/31/2003 600 EUR 19%
01/01/2003 - 12/31/2003 700 EUR 20%
Pension = 500 EUR * 18% + 600 EUR * 19% + 700 EUR * 20% = 344 EUR
Note: For technical reasons, the period-specific annuitization of employer's and employee's contributions requires that the "Const. ER Percentage Rate" constant must be delimited to the same date as the annuitization factors.
History
| Last changed by/on | SAP | 20011218 |
| SAP Release Created in | 470 |
