SAP ABAP Data Element P08_PTYPE (Pension scheme type)
Hierarchy
☛ SAP_HRCGB (Software Component) Sub component SAP_HRCGB of SAP_HR
   ⤷ PA-PA-GB (Application Component) Great Britain
     ⤷ PB08 (Package) HR master data: UK
Basic Data
Data Element P08_PTYPE
Short Description Pension scheme type  
Data Type
Category of Dictionary Type D   Domain
Type of Object Referenced     No Information
Domain / Name of Reference Type P08_PTYPE    
Data Type CHAR   Character String 
Length 5    
Decimal Places 0    
Output Length 5    
Value Table      
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 Pen. type 
Medium 15 Pension type 
Long 20 Pension type 
Heading 0   
Documentation

Definition

Pension Scheme Type.

The types of pension schemes that are relevant to a payroll application are:

  • COSRS - Contracted Out Salary Related Schemes.
  • COMPS - Contracted Out Money Purchase Schemes.
  • APPS - Appropriate Personal Pension Schemes.
  • CISRS - Contracted In Salary Related Schemes.
  • CIMPS - Contracted In Money Purchase Schemes.
  • OTHER - Unapproved Schemes.

COSRS.

The scheme is contracted out of SERPS. The final pension value has a formula based on the employee's salary.

COMPS.

The scheme is contracted out of SERPS. The final pension value depends on the growth of the invested contributions.

APPS.

The contract is between the employee and the Pension Scheme administrators.

CISRS

This is the same as COSRS, but the scheme is not contracted out of SERPS.

CIMPS.

This is the same as COMPS, but the scheme is not contracted out of SERPS.

OTHER.

These may be operated, but will not have any effect on PAYE, NIC or attachable earnings.

History
Last changed by/on SAP  19990223 
SAP Release Created in