Rules and Data Setup

Two tasks must be completed before using Pension Administration:

• Establish all processing rules.

  The biggest part of this job is setting up calculation rules; but it is also necessary to set up pension status processing (used for Form 5500 participant counts and the actuarial valuation extract) and the retiree administration control tables.

  The steps involved in establishing the processing rules are covered in "Understanding Plans."

• Get employee data into PeopleSoft tables.

  The nature of pension calculations may require moving an entire career's worth of information into the system.