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author's profile photo Former Member
Former Member

SAP Benefit issue

Dear Expert,

I have created the saving plan as per the US law

  1. Age < than 50 then $17500 is the contribution limit
  2. Age > than 50 then $22500 is the contribution limit.

Now when system is not calculating anything above $17000 even though the age group is above 50 plus. I have also created wage type
and also set the limit in tabel V_511P.

Please suggest as how i can solve the same.

Thanks in advance.

With regards

Abhay

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4 Answers

  • author's profile photo Former Member
    Former Member
    Posted on Aug 21, 2012 at 01:21 PM

    Hello,

    Make sure that your configuration is correct in table V_T7USBEN03. You can find this table under Payroll US > Benefits integration > Set up for catch up contribution.

    And also make sure payroll constant "401CL" value is correct in T511P. And also employee's age is 50 & above.


    Thank you

    PM

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 23, 2012 at 03:37 AM

    If this issues resolved, please close the thread and give points.

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  • Posted on Aug 28, 2012 at 02:10 PM

    Hello ,

    Savings plans must be taken every pay period. Hence the deduction model cannot be assigned. Are employees typically contributing set amounts to the savings plan or a percentage? The expectation is for a percentage which would be taken every period.

    You can try this ,

    1) Delimit the EEs IT0169 records to stop for the periods in which you don't want deductions.

    2) Instead of using IT0169, place the fixed value deductions on IT0014 and assign a process model there. Manage any limits through wage type classes.

    Regards

    Siva

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  • author's profile photo Former Member
    Former Member
    Posted on Aug 28, 2012 at 03:18 PM

    We have two separate plans set up to handle this. The first is a plan that has the normal limit and the second is one that has a limit of 5500. This plan then is only given to those over 50. We were never able to find a way to make the limit change based on age.

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