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OHIC0481 - Maintain pension fund and insurance type

OHIC0481 - Maintain pension fund and insurance type

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In this step, you create the pension funds and insurance types. You assign these to the individual employees in payroll accounting and thus ensure the correct calculation of the pension fund contributions.

For the insurance companies, you determine here in detail

  • the type of pension fund (for example PFA minimum, welfare fund)
  • how the age of an employee is calculated
  • whether fund-specific calculation variants are provided (necessary, for example, for old-age credit entries)
  • which financing model is used
  • whether an account management is provided for the fund in question in the SAP System

In a second view, you can create various specifications (insurance types) for an insurance company.

Sample entries are contained in the standard SAP R/3 System.

  1. Specify the key, designation and type of the pension fund.
  2. Enter the valid retirement age and the formula for calculating age.
  3. Assign a key for a calculation variant, if necessary.
  4. Specify the financing model.
  5. Mark the field Account if you want an account management in the SAP System.
  6. If necessary, call the second view to create insurance types.
Enter the key of the insurance company, the key of the insurance type and the respective designation.





RFUMSV00 - Advance Return for Tax on Sales/Purchases   General Material Data  
This documentation is copyright by SAP AG.

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