Social Insurance or Pension Fund Overrides for UAE
The delivered calculation value definitions can be overriden at the PSU level using the Employer Social Insurance or Pension Fund calculation card.
All the calculation overrides predefined for UAE are listed in the Oracle_Fusion_HRMS_UAE_Payroll_Data.xls on My Oracle Support(MOS).
New calculation value definitions are provided to override the UAE social insurance rates
or amounts, as shown below.
| Calculation Value Defintion Name | Calculation Type |
|---|---|
| Employee Social Insurance or Pension Fund Override Amount | Flat Amount |
| Employee Social Insurance or Pension Fund Override Rate | Flat Rate |
| Employer Social Insurance or Pension Fund Override Amount | Flat Amount |
| Employee Social Insurance or Pension Fund Override Rate | Flat Rate |
Value Definitions of calculation type Flat Amount are used to enter the amount value and
value definitions of calculation type Flat Rate are used to enter the Percentage/Rate
value. Multiple Range values can be entered for these value definitions.
- Enter override details in the Enterable Calculation Values on Calculation Card tab.
- Select the calcualtion value to override, from the displayed values.
- Select Employee Social Insurance or Pension Fund Override Rate to override UAE
Employee Social Insurance rate,Employer Social Insurance or Pension Fund
Override Rate to override UAE Employer Social Insurance rate. Enter the range
and rate. Note: Use the Employee Social Insurance or Pension Fund Override Amount, Employer Social Insurance or Pension Fund Override Amount to enter the flat amount range. If the range entered in amount override and rate override overlap, then rate value is used for social insurance contributions.
- Enter an integer value for other calculation value definitions (except the
overrides provided above for UAE Social Insurance contributions) for example,
IPE contribution rates, minimum or maximum salary, or minimum or maximum
age.Note: If the maximum salary or employer rates are overridden at the PSU level using the new value definitions then the same valueshould be entered as an override for the following value definitions, used in the IPE social insurance calculations, for GCC citizens.
Calculation Value Definition Name United Arab Emirates Employer Rate in Government Sector United Arab Emirates Employer Rate in Private Sector United Arab Emirates Maximum Salary in Government Sector United Arab Emirates Maximum Salary in Private Sector