Delivered Termination Earnings

PeopleSoft delivers these delivered earnings that you can create to process termination pay.

Note:

The delivered termination earnings for Mexico are defined as PeopleSoft Delivered/Not Maintained. This enables you to modify them to fit your needs. You can also create new termination elements using the delivered elements as your guide.

Earnings Description

20 DIAS X AÑO

20 days per year severance

3 MESES

3 months salary severance

AGUINALDO

Christmas bonus

LIQUIDAC EX

Nontaxable severance

LIQUIDAC GR

Taxable severance

LIQUIDACION

Severance total

PMA VAC PACT

Current year proportional vacation premium

(Corresponding portion based on January 1 of the year and the termination date divided by 365.)

PMA VAC PANV

Anniversary proportional vacation premium

(Corresponding portion based on the most recent anniversary date and the termination date divided by 365.)

PRIMA ANTIG

Seniority premium severance

SALDO PMAVAC

Unpaid vacation premium balance

SALDO VACAC

Unpaid vacations balance

VAC PROP ACT

Actual year proportional vacations

(Corresponding portion based on January 1 of the year and the termination date divided by 365.)

VAC PROP ANV

Anniversary proportional vacations

(Corresponding portion based on the most recent anniversary date and the termination date divided by 365.)