Periodic Processing Overview

Periodic processes are run on a regular basis to preprocess certain calculation data and perform housekeeping tasks. Preprocessing not only saves time, it also enables you to readily access up-to-date information when researching issues for employees.

Pension Administration handles all the data involved in pension calculations. In a single step, you can estimate benefits for any combination of employees and plans or plan components.

Periodic processing enables consolidating payroll data for use by the calculation process. Periodic processing also keeps certain plan information up to date and available for review in the employee inquiry pages.

It is possible to run processes for all employees, for individual employees, or for groups of employees, and for one plan or all plans.

To run periodic processes, select Pension, and then Periodic Processes, and then Request Process.

Periodic pension processes enable you to:

• Establish history for plan eligibility and participation.

• Consolidate payroll data:

  • Earnings

  • Hours

  • Contributions

• Maintain balances:

  • Service.

  • Cash balance accounts.

  • Employee (contributory) accounts.

• Update pension statuses.

• Update plan dates.

• Archive payroll data.

• Delete calculations.

Periodic processes, by definition, run on regular cycles. Several (or even all) processes can be run as a single job as long as they use the same cycle. To run some processes monthly and others annually, run them as two different jobs.

When the system detects erroneous data for an employee, periodic processing stops for that employee and restarts with the next employee. The system checks for valid data, such as date of birth, date of hire, and date aliases. Erroneous data is written to the table PS_PA_EE_ERR_TBL. Use this table to examine the erroneous data.