What is retirement age in SAP (EPM-NOV-SWP - Percipient)?

SAP Term: retirement age

• Component: EPM-NOV-SWP

• Component Name: Percipient

• Description: Age at which the workforce retires.

Smart SAP Assistant

• Key Concepts: 
  Retirement age is a feature of the EPM-NOV-SWP Percipient component of SAP software. It allows users to set a specific age at which employees will be automatically retired from the system. This feature helps to ensure that employee records are kept up to date and that employees are not overstaying their welcome in the system. 
  
  How to use it: 
  To use the retirement age feature, users must first set up the retirement age in the system. This can be done by navigating to the “Employee Retirement Age” section of the EPM-NOV-SWP Percipient component. Once this is done, users can then set a specific age for each employee in the system. When an employee reaches this age, they will be automatically retired from the system. 
  
  Tips & Tricks: 
  It is important to remember that retirement age is only applicable to employees who are still active in the system. If an employee has already been retired, then their retirement age will not be taken into account when calculating their retirement date. Additionally, it is important to note that retirement age is only applicable to employees who have been assigned a specific retirement age in the system. 
  
  Related Information: 
  For more information on how to use the retirement age feature of EPM-NOV-SWP Percipient, please refer to SAP’s official documentation on the topic. Additionally, if you have any questions or need help setting up this feature, please contact your SAP support team for assistance.