DEFINE PENSION ACCOUNTS#

Pension Accounts define which plans and options individual employees are enrolled in. The employee will have their own account and account number for pensions.

The Define Pension Accounts (IXPA) form allows you to create the necessary pension accounts.

Define Pension Accounts data is stored in the P2K_RX_PN_ACCOUNTS and P2K_RX_PN_ACCOUNT_DETAILS tables.

Account Info#

Pension Account

This field displays a user-defined code that uniquely identifies the pension account.

Person Code

This field identifies the person associated with this account.

First Name

This is the first name of the person associated with this account. First Name will default in once the Person Code field is filled.

Last Name

This is the last name of the person associated with this account. Last Name will default in once the Person Code field is filled.

Pension Plan

This field allows you to identify the pension plan associated with this account.

Pension Option

The Pension Option field identifies the option the employee has selected upon official retirement. This field is only completed once the employee retires.

Enrolled

A mandatory field with the date the EE was enrolled in the pension plan.

Adj. Enrolled

This field allows you to override the date the employee was enrolled.

Retirement Info#

Term Date

If the member is terminated this field will display their termination date.

Term Reason

If the member is terminated, this field will display the reason for the termination.

Annuity Start

If the member is receiving a benefit, this indicates the date the payment started.

Retired On

This field displays the retirement date for this employee.

O/R Vest Percentage

This field allows you to enter the vesting factor (50%, 75%, etc.). This is an override field.

Vested on

This field displays the date on which the employee was vested within the plan.

Deceased as of

The date on which the member became deceased

Service Connected Death

If this toggle is ON, the employee’s death was connected to their employment.

Pension Account Text#

Text

The Pension Account Text field allows you to store any additional information and notes necessary regarding this account.

Retire Member

The field enables the user to retire the member in focus.

Print Service

This field enables the user to print a summary of the member's service.

Pension Status Code

This field will display the status of the account.

Plan Code

The pension plan associated to the pension account for the member will display here.

Description

The description of the pension plan will display here.

Text

This field allows you to provide additional information about pension status and pension code.

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Notes #

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