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Process documentationFlat Rate Contribution (FRC) Locate the document in its SAP Library structure

Purpose

This pension scheme contribution amount is based on a constant amount for employee, employer, and additional voluntary pension contributions based on the amount entered in the Periodic Amount field in the Infotype Pensions Ireland (0361). This contribution amount is valid on a per period basis.

Process Flow

For those employee's with a FRC scheme, enter the contribution amount in the Periodic Amount field in the Infotype Pensions Ireland (0361).

This graphic is explained in the accompanying text

For additional information, and to maintain company wide pension scheme details for annual fixed amount contributions, see the IMG, under: Payroll Ireland   ®Pension Schemes ® Create pensions schemes.  

 

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