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OHBEN75372 - Define Distribution Method of Excess Contrbution

OHBEN75372 - Define Distribution Method of Excess Contrbution

ABAP Short Reference   General Data in Customer Master  
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If the contribution amount exceeds the statutory maximum limitation, in this step, you can define how to allocate the excess contribution to other plans.

If the target plan is a defined benefit corporate pension plan, the distributed amount becomes part of the employer's standard premium;

If the target plan is a pre-paid retirement allowance plan, the distributed amount becomes part of the monthly retirement allowance.

Make sure setting in Define Maximum Contribution Amounts is updated.

Make sure the assignment between the social insurance modifier and the plan is consistent with setting in Define Plan Implementing Offices

You can set more than one corporate pension plans as the distribution target plans. Each target plan should be specific to sub-plan level. Sum of the distribution rates of these target plans must count as 100.

Note:

If a corporate pension plan does not allow employer contribution, it cannot be set as target distribution plan.






BAL_S_LOG - Application Log: Log header data   PERFORM Short Reference  
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