How to Create an Employer Contribution Rate Rule

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