What is German Law to Strengthen Long-Term Care in SAP PY-DE - Germany?

SAP Term: German Law to Strengthen Long-Term Care

• Component: PY-DE

• Component Name: Germany

• Description: The German Laws to Strengthen Long-Term Care PSG I, PSG II, PSG III introduce measures that aim to help people in need of care and their dependents, and to support nurses in their work. The German Laws to Strengthen Long-Term Care increase the contributions for care insurance in two different steps by a total of 0.5 contribution rate points.

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• Key Concepts: 
  The German Law to Strengthen Long-Term Care Component (PY-DE Germany) is a component of the SAP ERP system that helps organizations comply with the German Long-Term Care Act (Pflege-Neuausrichtungsgesetz). This law was introduced in 2017 and requires employers to provide additional benefits to employees who are caring for elderly or disabled family members. The PY-DE Germany component helps employers meet these requirements by providing them with the necessary tools to calculate and manage the additional benefits. 
  
  How to Use It: 
  The PY-DE Germany component can be used to calculate the additional benefits that must be provided to employees who are caring for elderly or disabled family members. It also provides employers with the necessary tools to manage these benefits, such as tracking payments and ensuring compliance with the law. 
  
  Tips & Tricks: 
  When using the PY-DE Germany component, it is important to ensure that all of the necessary information is entered correctly. This includes information about the employee, their family member, and any other relevant details. Additionally, it is important to keep track of any changes in the law that may affect the calculation of benefits. 
  
  Related Information: 
  For more information about the German Law to Strengthen Long-Term Care Component (PY-DE Germany), please visit SAP’s website at https://www.sap.com/germany/products/erp/py-de-germany.html. Additionally, you can find more information about the German Long-Term Care Act (Pflege-Neuausrichtungsgesetz) at https://www.bmas.de/EN/Home/home_node.html.