You are here: Preceda Modules > Payroll > Superannuation Processing > Superannuation > Occupational Super > Using Occupational Superannuation Criteria

Using Occupational Superannuation Criteria

This determines if employees qualify for Occupational Superannuation; where contributions are accumulated during the first qualifying period with the option of allocating those contributions (back pay) to the employee.

Using the above example:

  1. The Update Occ Super flag in the Payrun Header must be set to Y.
  2. If a special or additional Payrun is processed, specify N in the Update Occ Super field.
  3. The Number of Pays Before Checks is checked. In the above example, the checking is performed every second pay.
  4. As the Calculate Payrun is being performed on an employee, it checks if the employee has an Allowance/Deduction code of AS. If so, the rest of the criteria is checked.
  5. The value in the Number of Pays To Qualify is checked. The employee must receive 26 pays since the last qualification.
  6. Different criteria could apply based on the Employee Type.

 

 

 

 

 

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