LP03.1 - Service Rule
Use Service Rule (LP03.1) to define the service begin date for each
employee plan master record.
The service begin date is the starting point from which length of service
for accruals, allotment, and other calculations is obtained.
**Processing Effect
A waiting period on the service rule impacts the date from which length
of service is determined. If you need a waiting period before accrual begins
without affecting length of service, you can set the waiting period on Accrual
Rule (LP03.2) instead of LP03.1.
Waiting periods have a separate start date in case the length of service
is to be started from one date (such as current seniority date) but thewaiting period is to be started from a different date (such as hire date). Forexample, a your organization's pay plan might specify that length of service starts on the employee's seniority date or 2 months after hire, whichever is later.
A date flag is also available so that when a waiting period is applied from
a date different than the requirement date, you can control whether theearlier or later of the resulting dates (requirement date OR waiting period start date + waiting period) is used to set the service begin date.
| Updated Files |
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| TASERVRULE |
- No Description Available. |
| INVOKED Programs |
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| IFAC
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| ACAC
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| ACTA
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| API4
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| IFCU
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| IFOB
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| IFSG
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| IFLU
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| IFUP
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| SLSE
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| SLSU
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File created: Thu Jun 09 11:19:50 2016
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