Understanding BVG Calculations

Global Payroll for Switzerland provides you with two ways of calculating BVG deductions, externally and internally. Both methods require you to maintain PK data within the payroll system.

External Calculations

The Global Payroll for Switzerland BVG calculation feature enables you to interface using swiss dec BVG Interface. = external calculation. To prepare exchange with the Pension fund (PEKA) user needs to run the required payrolls and dashboard for domain BVG_LPP.

For more details how to run dashboard:Generating and Managing Dashboard XML

Internal Calculations

To calculate BVG deductions internally, you must complete these steps:

  1. Indicate that the BVG deductions will be calculated internally by selecting Calculate or Eligible in the PK Status field on both the PK Data page and the Pension Fund Data CHE page.

  2. Set up your specific rules, valid rates and provider in brackets CH_PI_BR001 and CH_PI_BR002.

  3. Run a payroll.

    Included in the delivered payroll process is section CH_PI_S1000, which will calculate the BVG deductions.

    Note: The system will only calculated BVG deductions for employees included in this pay run.

The PeopleSoft system delivers a query that you can run to view the names of all delivered elements designed for Switzerland. Instructions for running the query are provided in the PeopleSoft Global Payroll PeopleBook.