1.35 Process Pension Adjustment Order Detail

This topic provides the systematic instructions to define Pension Adjustment Order in pension module.

  1. On Home screen, type PADAJORD in the text box, and click Next.
    The Pension Adjustment Order screen is displayed.

    Figure 1-41 Pension Adjustment Order Detail


    Description of Figure 1-41 follows
    Description of "Figure 1-41 Pension Adjustment Order Detail"

  2. On Pension Adjustment Order screen, click New to enter the details.
    For more information on fields, refer to the field description table.

    Table 1-36 Pension Adjustment Order - Field Description

    Field Description
    Adjustment Order Number Display

    The system displays the adjustment order number.
    Reference Number Alphanumeric; 16 Characters; Optional

    Specify the reference number.

    This field will have the common rebalance number for Rebalance investment adjustment and Rebalance withdrawal adjustment.
    Order Type Mandatory

    Select the type of order from the drop-down list. The list displays the following values:

    • Investment
    • Withdrawal
    Instruction Date Date Format; Mandatory

    Select the instruction date from the adjoining calendar.
    Portfolio ID Alphanumeric; 16 Characters; Mandatory

    Specify the portfolio ID. Alternatively, you can select portfolio ID from the option list. The option list displays all valid portfolios, such as Party role, Party ID, Account ID, maintained in the system.
    Portfolio Description Display

    The system displays the description for the selected portfolio ID.
    Party ID Display

    The system displays the party ID for the selected portfolio ID.
    Party Name Display

    The system displays the party name for the selected portfolio ID.
    Account ID Display

    The system displays the account ID for the selected portfolio ID.
    Order Sub Type Alphanumeric; 3 Characters; Mandatory
    Specify the order sub type. Alternatively, you can select order sub type from the option list. The option list displays the following order sub type maintained in the system:
    • 11 - Investment Adjustment
    • 13 - Withdrawal Adjustment
    • 12 - Rebalance investment adjustment
    • 14- Rebalance withdrawal adjustment
    Order Sub Type Description Display

    The system displays the description for the selected order sub type description.
    Order Currency Alphanumeric; 3 Characters; Mandatory

    Specify the order currency. Alternatively, you can select order currency from the option list. The option list displays all valid order currency maintained in the system.
    Remarks Alphanumeric; 255

    Characters; Optional Specify remarks, if any.
    Instrument ID Alphanumeric; 3 Characters; Mandatory

    Specify the instrument ID. Alternatively, you can select Instrument ID from the option list. The option list displays all valid Instrument ID maintained in the system.
    Instrument Name Display

    The system displays the name of the instrument for the selected instrument ID.
    Asset ID Alphanumeric; 16 Characters; Mandatory

    Specify the Asset ID. Alternatively, you can select Asset ID from the option list. The option list displays all valid Asset ID maintained in the system.
    Asset Name Display

    The system displays the asset name for the selected Asset ID.
    Order Mode Mandatory

    Select the order mode from the drop-down list. The list displays the following values:

    • Amount
    Order Value Numeric; 30 Characters;

    Mandatory Specify the order value.

    Investment/withdrawal adjustment orders (Order Subtype – 11 and 13)

    You can capture investment adjustment and withdrawal adjustment orders from this screen by selecting the order type and portfolio and input the following mandatory details:
    • Instruction date
    • Order sub-type
    • Order currency
    • Instrument
    • Assets

    You cannot amend the adjustment orders post handoff to TA.

    Rebalance investment/withdrawal orders (Order Subtype – 12 and 14)

    You cannot create Rebalance investment/withdrawal adjustment orders.

    The system will generate rebalance investment/withdrawal adjustment as part of rebalance processing for age based rules. You can view the Rebalance investment/withdrawal adjustment from Pension Adjustment order screen, no other operation is supported.

    Reference number of rebalance investment/withdrawal adjustment orders will be stamped with common rebalance reference number, you can query the same from summary screen.

    Note:

    Investment charges are not applicable for Adjustment investment orders and Rebalance adjustment investment orders.

Parent topic: Pension Funds Administration