A Contribution Rate Rule is for the configuration of the employer pension contribution.
To create an employer pension contribution, follow the steps below:
1. | Go to Payroll >Maintenance > Pension > Contribution Rate Rule. Click Add. The Contribution Rate Rule Entry screen opens. |  |
2. | In the Name field, enter the name of the rule. | |
3. | Under the Contribution Rate Rule sub section, enter a Validity start date as to when the rule should commence from. | |
4. | In the Contribution Basis field, select if the employer contribution is percentage or a fixed value basis. | |
5. | In the Pension Value field, enter the percentage or fixed value. | |
6. | In the Pay Code Group field, if the contribution basis is percentage based, select the pay group code of the pay items on which the contribution will be calculated on. | |
7. | Click Save. A successful confirmation message will be displayed and will close the entry screen |  |