How To Fix HRPFD00702 - BVG-Old age credit cannot be determined (no postings found)

HRPFD00702 - Overview

• Message type: E = Error

• Message class: HRPFD00 - HR-PF: International Pension Fund

• Message number: 702

• Message text: BVG-Old age credit cannot be determined (no postings found)

What causes this issue?

No postings were found in the employee's account, therefore no value
can be determined for the BVG old-age credit.

System Response

The system issues an error message and will not allow you to continue with this transaction until the error is resolved.

How to fix this error?

Check if the employee has an account and that it contains this posting.
If this is the case, a system error has occurred. Notify your system
administrator.

Procedure for System Administrators

Check in the applicable processing schedule that the postings are
imported at the beginning of the PC action with the operation "Append
to account lists".

Error message extract from SAP system. Copyright SAP SE.

HRPFD00702 - Details

• The SAP error message HRPFD00702, which states "BVG-Old age credit cannot be determined (no postings found)," typically occurs in the context of the SAP Human Capital Management (HCM) module, particularly when dealing with pension fund calculations or benefits administration. This error indicates that the system is unable to determine the old-age credit for an employee because there are no relevant postings found in the system.
  Causes:
  
  Missing Payroll Data: The most common cause is that there are no payroll postings for the employee in the relevant period. This could happen if the employee has not been processed in payroll for that period.
  Incorrect Configuration: There may be issues with the configuration of the pension plan or the related infotypes (e.g., infotype 0580 for pension plan data).
  Data Entry Errors: There could be missing or incorrect entries in the employee's master data or infotypes that are required for the calculation.
  Time Management Issues: If the employee