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OHAHK_EP0B0 - Define Vesting Schedule and Multiplier

OHAHK_EP0B0 - Define Vesting Schedule and Multiplier

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In this step, you define the vesting schedule and multiplier for a retirement entitlement scheme. Typically, the vesting schedule is associated with retirement schemes provided by external parties, while the multiplier factor is used for retirement schemes provided in-house.

The vesting schedule and multiplier usually depends on the reason for leaving the organization, the age and years-of-service.

For every retirement scheme, maintain all the required vesting schedule and multiplier for calculating the entitlement payments.






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