Setting Up Contingency Funds for Contribution Calculation

To set up Global Payroll for France to calculate contingency funds contributions:

1. Set up contract data for contingency contracts in the HR application.

   This includes setting up codes for the funds to which employees contribute, defining the institutions that manage the contingency funds, and defining the contingency contracts. Global Payroll calculation process uses this information to calculate contingency funds.

2. Set up the PRV BR CONTRIB bracket for calculation of contingency fund contributions.

   Within the bracket you must define:

   • The element that you want the system to use as the funding base of the contingency contribution calculation when processing payroll.

   • A definition for all contingency funds contributions.

   • The corresponding funding base DUCS code.

   • The code for positive and negative amounts for DUCS.

   • The element used to define the FTE for DUCS.

As part of the setup on for contingency contracts, you must enter the base calculation type on the Pension/Contingency Contracts page. If the Base Calculation Type field value is other than base times rate, you can select Other field value and enter a formula in the Formula Name field. Use of this option overrides all delivered functionality for contingency funds calculation. For example, the declaration does not trigger and the system does not retrieve the data from HR through the arrays.