What is pension plan participant in SAP PY-CN - China?

SAP Term: pension plan participant

• Component: PY-CN

• Component Name: China

• Description: A person who either makes contributions or for whom a company makes contributions to a pension plan. A person or his or her employer can continue to make contributions or can have made contributions at some point in the past. A pension plan participant is entitled to benefit payments from the pension plan if he or she fulfills certain criteria, such as reaching the retirement age.

Smart SAP Assistant

• Key Concepts: 
  A pension plan participant is an individual who is enrolled in a pension plan. In the context of SAP PY-CN China, a pension plan participant is an employee who is enrolled in a pension plan that is administered by the Chinese government. 
  
  How to use it: 
  In SAP PY-CN China, a pension plan participant can be identified by their employee number. This number can be used to access information about the employee's pension plan, such as contributions, benefits, and other details. 
  
  Tips & Tricks: 
  When entering information about a pension plan participant in SAP PY-CN China, it is important to ensure that all of the required fields are filled out correctly. This will help to ensure that the information is accurate and up-to-date. 
  
  Related Information: 
  For more information about pension plans in China, please refer to the Chinese government's website on pensions and social security. Additionally, SAP provides detailed documentation on how to use its PY-CN China module for managing pension plans.