DEFINE PENSION TABLES#
Pension Tables are used to hold the values which the system will use to calculate pension benefits.
The Define Pension Tables (IXPT) screen allows you to review all the applicable pension tables.
This screen contains the pension factor values that are used to return the monthly payment, calculate interest, or calculate step down.
- The IXPT form is not one the end-user will need regular access to.
- The pension tables are associated with the pension components defined in the Define Pension Options form (IXPO).
- Pension tables are loaded into Personality2000 via the Load Pension Option Tables (UXPTL) form.
- The IXPT form is not date effective.
- The majority of the tables, such as those from the actuary, will be pre-loaded and not require manipulation.
- The interest, vesting and COLA tables are maintained by the who will be responsible for manually making changes for these tables.
Define Pension Tables data is stored in the P2K_RX_PN_TABLES and P2K_RX_PN_TABLE_DETAILS table.
- Pension Table
- This field displays a user-defined code that uniquely identifies the pension table.
- Description
- The ‘Description’ field provides a short description of the pension table.
- Text
- This field explains how the currently highlighted pension table operates and its usage.
- Version Text
- This field provides information regarding any creation or update of a pension table, for instance the date of update.
- Filter Displays
- As the filters are selected through ‘PT Filter Type’, columns displaying the filter information