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How Can the Interest Rate on Employee Accounts in Pension Administration Be Changed? (Doc ID 2684336.1)

Last updated on JULY 16, 2021

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Goal

The interest rate applied to Employee Accounts is to be changed from 5% to 3%, but the Employee Account Component where the Interest Method is assigned is not effective-dated. How can this be handled so that the interest rates are applied to the appropriate time periods?
 

Solution

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Goal
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