1.47 Process Employee Group Maintenance Detail
This topic provides the systematic instructions to define Employee Group Maintenance in Detail.
- On Home screen, type PADGRPMT in the text box, and click Next.The Employee Group Maintenance screen is displayed.
- On Employee Group Maintenance screen, click New to enter the details.For more information on fields, refer to the field description table.
Table 1-55 Employee Group Maintenance - Field Description
Field Description Employer Code Alphanumeric; 12 Characters; Mandatory Specify the employer code.
Employer Name Alphanumeric; 255 Characters; Mandatory Specify the name of the selected employer code. Alternatively, you can select employer name from the option list. The list displays all valid employer names maintained in the system
Group Code Alphanumeric; 12 Characters; Mandatory Specify the group code.
Group Description Alphanumeric; 255 Characters; Mandatory Specify the description for the selected group code.
Portfolio Contribution Limits
Table 1-56 Portfolio Contribution Limits - Field Description
Field Description Portfolio ID Alphanumeric; 16 Characters; Mandatory Specify portfolio ID. Alternatively, you can select portfolio ID from the option list. The list displays all valid portfolio ID maintained in the system.
Portfolio Description Display The system displays the description for the selected portfolio ID.
Minimum Contribution % Numeric; 5 Characters; Optional Specify the minimum contribution percentage for investment.
Maximum Contribution % Numeric; 5 Characters; Optional Specify the maximum contribution percentage for investment.
- You need to maintain at least one portfolio limits for a group. The system will validate the same, else will display an error message. The system will also validate if minimum contribution is greater than maximum contribution, else the system displays an error message as E-MINMAXCONT - Minimum Contribution cannot be greater than Maximum contribution”.
Parent topic: Pension Funds Administration