What is 'pensionable working hours' in SAP PA-BN - Benefits?

pensionable working hours - Overview

• Component: PA-BN

• Component Name: Benefits

• Description: The hours worked by an employee that are inferred from payroll results. These hours are converted to length of service for determining participation, benefit accrual, and vesting in a "defined benefit" retirement plan.

pensionable working hours - Details

• 
  Key Concepts: 
  Pensionable working hours is a term used in the SAP Benefits (PA-BN) component to refer to the number of hours an employee works that are eligible for pension contributions. This number is determined by the employee's contract and can be used to calculate the amount of pension contributions due. 
  
  How to use it: 
  In SAP Benefits, pensionable working hours are used to calculate the amount of pension contributions due for an employee. This calculation is based on the employee's contract and can be adjusted as needed. The pensionable working hours can be entered into the system manually or imported from an external source. 
  
  Tips & Tricks: 
  When entering pensionable working hours into SAP Benefits, it is important to ensure that the correct number of hours is entered. This will ensure that the correct amount of pension contributions are calculated and paid out. 
  
  Related Information: 
  Pensionable working hours are closely related to other terms such as salary, overtime, and vacation pay. It is important to understand how these terms interact with each other in order to accurately calculate pension contributions. Additionally, it is important to understand how different countries have different regulations regarding pension contributions and how these regulations affect the calculation of pensionable working hours.