Need to configure Pension Fund
Posted: Fri Aug 21, 2009 9:22 am
Hi All,
I am using R12,not using advance benefits but need to configure Pension Fund and its criteria is 10% of Regular Income
contribution both from employer and employee, now I have configured an element with type of voluntary deduction and through
standard rates , I want to configure two Rates one is Employee and other is Employer and taken Plan as level and in the calculation method which method should I take so my requirement would be fulfill.
kindly correct & guide me as I have not worked on benefits , Thanks in Advance
Regards,
Hina
I am using R12,not using advance benefits but need to configure Pension Fund and its criteria is 10% of Regular Income
contribution both from employer and employee, now I have configured an element with type of voluntary deduction and through
standard rates , I want to configure two Rates one is Employee and other is Employer and taken Plan as level and in the calculation method which method should I take so my requirement would be fulfill.
kindly correct & guide me as I have not worked on benefits , Thanks in Advance
Regards,
Hina