on 01-13-2015 10:22 PM
Hi SAP gurus,
one of our Canadian clients uses Defined Benefit Pension Plan (DBPP) and Defined Contribution Pension Plan (DCPP) for their employees.
According to Income Tax Act employees can make a contribution to such pension plan only until the end of year in which they turn 71. CRA website:
RRSPs and Other Registered Plans for Retirement
Do you know if SAP has any inbuilt functionality to stop the contributions to voluntary pension plans (RRSP, DBPP, DCPP) at age 71? We know that for CPP/QPP contributions limit at age 70 the contribution wagetypes are not created anymore.
Thank you
Martin
I am in the UK, and we have defined Z constants in T511K, to hold the maximum age for Define Contribution pension Scheme, and hence I am guessing there is no standard SAP solution for this.
Hope this helps.
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.
User | Count |
---|---|
90 | |
8 | |
7 | |
4 | |
4 | |
3 | |
3 | |
3 | |
3 | |
3 |
You must be a registered user to add a comment. If you've already registered, sign in. Otherwise, register and sign in.