Delivered Elements for Calculating Labor Insurance Premiums

PeopleSoft delivers elements for calculating the payee and payer contributions to employment insurance premiums.

Payees' Labor Insurance Premiums

The following elements are used to calculate payee's employment insurance premiums:

  • Deduction elements LA EMP SAL and LA EMP BON for processing labor insurance deductions for salary or bonus.

  • Variables for three employment insurance industry types: Type A, Type B (agriculture, forestry, fishery, and winery), and Type B(Cs) (construction).

  • Bracket for determining the employment insurance rate for industry Types A and B, when the total amount of wages is between 92,000 JPY and 484,000 JPY.

  • Variables and formula for calculating the employment insurance premium when the amount of total wages falls outside the bracket.

Payer's Labor Insurance Premiums

The following elements are used to calculate the payer's contribution to labor insurance:

  • Variable element LA VR CALC ER FLG, which determines whether to calculate the payer's contribution. The default value is 0 (do not calculate).

  • Variables for industry types (the same those that are used for payee's contributions).

  • Bracket for determining the employment insurance rate of the payer's contribution for the three industry types.

  • Variable LA VR WKRCMP RT, which holds the workers compensation insurance rate.

  • Variable LA VR EMPL INS CO for the calculated employment insurance premium of the payer's contribution.

  • Variable LA VR WKR COMP for the calculated workers compensation insurance premium.

  • Writable array GPJP_WA_SCRPT that holds the calculated results for labor insurance of the payer's contribution (LA VR EMPL INS CO and LA VR WKR COMP).