Pensioner's definition (Infotype 0503)
Definition
Because of the weak position of the legal pension, many companies in Belgium offer, as an extra-legal advantage, an additional pension. Additional pension payments can be done to retired employees (normal case) but also to early-retired employees (payment of capital) and to the widow or orphans when the employee died.
Use
This additional pension is often built up during the employee‘s career, by way of employee's and/or employer‘s down payments towards a group insurance plan, a pension plan, et cetera. At the end of an employee‘s career, the employee (or his beneficiaries) gets a payment of a capital or periodic interest payments during his pension.
The infotype Pensioner's definition (0503) defines the beneficiary of an extra-legal pension advantage. It contains data that is needed to calculate the contribution for the Sickness and Invalidity Insurance (ZIV/AMI) and some necessary data to fill out the declaration of the pension payments towards the National Institute of Sickness and Invalidity Insurance.
Structure
You can find the following data on the infotype:
Does the beneficiary receive a personal or a deducted pension right? That means, is the beneficiary the employee himself, or one of his inheritors (surviving spouse, orphan or divorced spouse). By means of this field, 4 different subtypes are defined.
Depending on the number of kinds of pension a person is entitled to, you should create several separate records for this infotype.
Each pension advantage in infotype Pension Advantage (0504) is linked to the corresponding record of infotype Pensioner's Definition (0503) based on the 'kind of pension' field.
In this field, the juridical state of the person that has built up the pension-right should be filled in. For example, when the employee dies, and his surviving spouse becomes beneficiary of the pension advantage, the juridical state of the employee should be filled in, not the state of his wife.
This field refers to the legal pension, and how this should be calculated. For extra-legal pensions, code '0 Not declared' is applicable.
This field defines the way the contribution for the sickness and invalidity insurance will be calculated. If the chosen ZIV-code determines that no ZIV-contribution has to be paid, the system won't calculate the contribution, even if you use wage types in infotypes Pension Advantage (0504) and Additional Payments (pension adv.) (0569) for which the contribution should be paid.
In most cases this contribution has to be paid. The contribution is a fixed % (3,55% on 1.1.1999) calculated on the total amount of all pension wage types for which the ZIV-contribution has to be paid. However, in some cases the ZIV-contribution can be limited because the amount of the pension advantage, after deduction of the contribution, may not be lower than certain legally defined amounts. These limits depend on the beneficiary's family situation (with or without dependants).
These rules each represent additional information, which is needed on the declaration.
Each rule that is applicable should be marked.
For more information on the individual fields, refer to the field documentation.