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Pension Benefit

roshni_mohanty1
Explorer
0 Kudos

Hi Team,

We are trying to Configure Pension Benefit with a condition that 5% would be deducted from employee's total annual salary and 12.5% of employee's total annual salary would be provided by employer.

We have configured it but not able to see the pay component in compensation.

Please assist or provide document.

Thanks!

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Answers (1)

Answers (1)

Neeraj_Jain
Active Contributor
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Hello roshni.mohanty,

Please refer below SAP Note and Blog.

https://userapps.support.sap.com/sap/support/knowledge/en/2267054

2267054 - EC Benefits - Pension plan enrollment - Setting Percentage Contribution Range

https://userapps.support.sap.com/sap/support/knowledge/en/2861904

2861904 - Pension Payout - How to Implement and How to Use

https://blogs.sap.com/2015/03/12/succesfactors-employee-cenral-global-benefits/

Confirm if it works for you.

Regards,

Neeraj Jain

roshni_mohanty1
Explorer
0 Kudos

Hello Neeraj,

Thanks for providing the documents.

We have configured the benefit, can we have the feature that the pay component automatically reflects in recurring deductions?

Regrads,

Roshni