Plan Setup
First, determine how to map the existing plans to the Pension Administration system. Take inventory of existing plans, and decide which ones to create in the system. You may decide that you don't need to set up calculation rules for certain plans.
Even if you are not going to set up calculation rules, you still need to establish the plan in the system if you want to use Pension Administration to administer participants and benefits.
When you establish a plan using PeopleSoft HR: Manage Base Benefits, you add it to a plan table and then add additional pension-specific information about the plan.
If you want the Manage Base Benefits business process to deduct pension contributions from employees' paychecks, there are some additional considerations.