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PR29.1 - Pension Payment Maintenance
**Form Purpose
Use Pension Payment Maintenance (PR29.1) to create payouts to employees of
pension or retirement plan funds.
You can create periodic or lump sum pension payments. Periodic pension
payments are payouts of pension or retirement funds that occur over a period
of time and have at least one payment per year. Lump sum pension payments are
payouts of pension or retirement funds that occur once.
**Processing Effect
Payroll creates pension payments by first creating time records for the
payment amount and then creating the payment when you run the payroll cycle.
When you create a periodic pension payment, Payroll creates a standard time
record for the payment, and gives the payment an alphabetic value in the Check
Group field on the time record. All time records associated with a pension
payment record share the same check group value.
Payroll creates a future time record with an alphabetic check group value for
each lump sum payment. All time records associated with a pension payment
record share the same check group value.
Updated Files
ACCOMMIT -
ACCOMMITX -
CKPOINT -
EMACHDEPST -
EMDEDMASTR -
EMPLOYEE -
GLCOMMIT -
GLCOMMITX -
HRHISTORY -
PBTIMEREC -
PREMPBANK -
PRMONITOR -
PRPENFSRC -
PRPENFSRCH -
PRPENHIST -
PRPENPAY -
PRREGPARM -
PRSYSTEM -
PRTAXLOC -
STANDTIME -
TIMERECORD -
TIPPAY -
TMEMPLVDTL -
TRSGBLCK -
Referenced Files
ACACCTCAT -
ACACTGRP -
ACACTIVITY -
ATCLASS -
ATTENDCODE -
DEDCODE -
DEPTCODE -
DEPTSEGBLK -
EMDISTMAST -
EMSTATUS -
GLADDRESS -
GLCHART -
GLINTCO -
GLNAMES -
GLSYSTEM -
HRHISTORY -
HRSECLEV -
HRUTILITY -
INSTCTRYCD -
JOBCODE -
ONETMDED -
PADICT -
PAEMPLOYEE -
PAEMPPOS -
PAPOSITION -
PAPOSRULE -
PASCRTY -
PAYDEDUCTN -
PAYMASTR -
PAYSUMGRP -
PBCLIENT -
PCODES -
PCODESDTL -
PERSACTION -
PLAN -
PRBUSGRP -
PRCHECK -
PREMDEDHST -
PRFUNDSRC -
PRMONITOR -
PROVERTIME -
PRPAYCODE -
PRPENFSRCH -
PRPROVINCE -
PRQCENTGRP -
PRRATEHIST -
PRRATES -
PRSAGDTL -
PRSAGHEAD -
PRSHIFTHDR -
PRSHIFTTBL -
PRSTATE -
PRTAXAUTH -
PRTAXLEVY -
PRTAXPRDS -
PRTAXYEAR -
PRTIME -
PSGRELATE -
SYSTEMCODE -
TAXGROUP -
TMLEAVE -
INVOKED Programs
ACCL
HRHI
HRLO
HRST
IFAC
ACAC
API4
IFCU
IFSG
SLSE
SLSU
IFOB
IFRS
PREN
SLSS
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