SAP ABAP Data Element PUS_BEN_ELECT (Benefit catch-up election)
Hierarchy
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SAP_HRCUS (Software Component) Sub component SAP_HRCUS of SAP_HR
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PY-US-GR-BI (Application Component) Benefit Integration
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PC10_BEN (Package) Benefits Payroll Integration USA
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Basic Data
| Data Element | PUS_BEN_ELECT |
| Short Description | Benefit catch-up election |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | PUS_BEN_ELECT | |
| Data Type | CHAR | Character String |
| Length | 1 | |
| Decimal Places | 0 | |
| Output Length | 1 | |
| 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 | Catch-up |
| Medium | 15 | Catch-up elec. |
| Long | 20 | Catch-up election |
| Heading | 8 | Catch-up |
Documentation
Definition
In this field you select the relevant "Catch-up Code" for the employee as defined in Sections 415(c)(4)(A through C) of the Internal Revenue Code.
The possible values are blank, A, B, or C:
1. Blank means no catch-up election is selected.
2. catch-up election A : changes the 415 limit to include the MEA applicable but taking into account only the employee's last 10 years of service.
3. catch-up election B : changes the 415 limit to be the least of:
a. 25% of participant's includible compensation
b. the MEA itself
c. $15,000.00
4. catch-up election C : ignore the MEA completely, use only 402(g), 415C limits.
History
| Last changed by/on | SAP | 20010607 |
| SAP Release Created in |