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Former Member
Jan 10, 2011 at 04:03 PM

Pension Funds GB: rate change

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Hi all,

We have a requirement to increase the employee's percentage rate for our existing schemes.

I believed I should be doing this as follows:

1. Maintain a pension scheme calculation rule band with the new rate (SPRO>Payroll>GB>Pension Schemes>Set Up Pension Calculation Rule>Maintain pension scheme calculation rule bands - mix)

2. Date delimit old assignment, assign as of live date.

I wish to do this, so that the old rate still applies for retroactive accounting.

However, when I do this, I'm told that the key is already in use, i.e. the pension scheme.

Are my steps above correct, or am I missing something?

Thanks in advance.