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HR_ECM_00_LT_012 - Set Default Values for Life Events

rdisp/max_wprun_time - Maximum work process run time   RFUMSV00 - Advance Return for Tax on Sales/Purchases  
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In this step, you define rules for handling vesting and forfeiture following a life event. Life events are either used to provide default values for infotype LTI Grant (0761) or evaluated by report Process Event for LTI Plan Grants.

Awards may forfeit immediately when an employee leaves the company or when the company decides to cancel an entire LTI plan.

You must have performed the activity Define Life Events.

The following options are available:

• All remaining awards forfeit
  The system calculates the difference between granted and exercised awards and the result of the operation is forfeited.

• All remaining unvested awards forfeit
  The system calculates the difference between granted and vested awards and the result of the operation is forfeited.

• All remaining unvested awards vest immediately
  The remaining unvested awards vest.

1. Click New entries.
2. Select the relevant LTI plan and life event.
3. Delimit the period.
4. Specify a period (for example, 4 months) to determine the new expiry date.
5. Set the Reduce Term Only indicator to prevent the new term end date due to a life event from occurring later than the original term end date.
6. Select the relevant vesting and forfeiting method.
7. Save your entries.
8. Repeat the previously mentioned steps for any further rules.

PERFORM Short Reference   rdisp/max_wprun_time - Maximum work process run time  
This documentation is copyright by SAP AG.

Length: 1855 Date: 20240523 Time: 205625     sap01-206 ( 28 ms )