UK Legislation - What is the Difference Between Payroll Balances 'Eligible Compensation' and 'Pensionable Earnings'?
(Doc ID 2482064.1)
Last updated on MAY 14, 2021
Applies to:Oracle Fusion Global Payroll Cloud Service - Version 220.127.116.11.0 and later
Information in this document applies to any platform.
What is the difference between payroll balances 'Eligible Compensation' and 'Pensionable Earnings'?
What is the purpose of each of these balances and which one should be maintained as the balance to use for earnings when calculating the employees and employers pension deductions?
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