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Final Average Compensation Defined as Highest 24 Months of Last 10 Years Calculating Incorrectly (Doc ID 2773614.1)

Last updated on MAY 03, 2021

Applies to:

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

Symptoms

Final Average Earnings in this Pension Plan is defined as the highest 24 months of earnings in the previous 10 years. For an employee who had terminated and was later rehired, the system is using earnings for months more than 10 years ago.

Steps to reproduce the issue:

     1. Run a pension calculation for an employee who has had an interruption in their continuous employment in the last 10 years (Navigation: Pension > Calculations > Request Calculation).
     2. Review the Final Average Earnings result from the calculation (Navigation: Review Calculations > Individual Results).

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution


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