Hierarchy

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Basic Data
Data Element | PCTER |
Short Description | Employer percentage of lower band |
Data Type
Category of Dictionary Type | D | Domain |
Type of Object Referenced | No Information | |
Domain / Name of Reference Type | PRZNT | |
Data Type | DEC | Counter or amount field with comma and sign |
Length | 7 | |
Decimal Places | 4 | |
Output Length | 8 | |
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 | ER LowBand |
Medium | 15 | Lower Band Pct. |
Long | 30 | Employer Lower Band Percentage |
Heading | 8 | ER % |
Documentation
Definition
The employer's low range pension contribution.
This is the percentage amount from the lower band of the employee's monthly gross salary which the employer will pay into the pension scheme.
Supplementary Documentation - PCTER 0001
Use
This is used when an employee in your company has opted for a percentage pension scheme.
Procedure
Overwrite the figure if the employer makes a different contribution. Enter a figure between 0 and 100 defining the percentage amount from the lower band of the employee's monthly gross salary which the employer will pay into the pension scheme.
Examples
The low band level has been defined as £500.00.
The lower band contribution has been defined as 5%.
An employee earns a monthly gross salary of £450.00.
The employer's monthly contribution into the pension scheme would be £22.50:
(450 x 0.05) = 22.50
Dependencies
Supplementary Documentation - PCTER 0002
Use
This is used when an employee in your company has opted for a mixed-rate pension scheme and wishes the employer to make a percentage contribution from the lower band.
Procedure
Enter a figure between 0 and 100 defining the percentage amount from the employee's lower band which the employer will pay into the pension scheme.
Examples
The low band level has been defined as £500.
The lower band contribution has been defined as 5%.
An employee earns a monthly gross salary of £450.
The employer's monthly contribution into the pension scheme would be £22.50:
(450 x 0.05) = 22.50.
Dependencies
History
Last changed by/on | SAP | 20031111 |
SAP Release Created in |