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spay:hrmsprocguide:client_data_import [2020/05/14 20:13] mclement |
spay:hrmsprocguide:client_data_import [2020/05/19 09:41] (current) mclement |
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====== Generate Employee PRGF Flag ====== | ====== Generate Employee PRGF Flag ====== | ||
- | To update employees PRGF Contribution and Pension Scheme flags, use the steps below. | + | To generate and update employees PRGF Contribution flag, use the steps below. You must also generate and update employees Pension scheme flag as per MRA's requirement. |
+ | |||
+ | PRGF Flag indicates whether the employer contributes or not to the PRGF for the employee | ||
+ | |||
+ | Pension Scheme Flag indicates whether retirement benefits of the employee are payable under the Statutory Bodies Pension Funds Act; or in accordance with a private pension scheme. | ||
{{:spay:hrmsprocguide:prgf_hrms_settings_clientdataimport.png|}} | {{:spay:hrmsprocguide:prgf_hrms_settings_clientdataimport.png|}} | ||
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Save the file to a location | Save the file to a location | ||
- | {{:spay:hrmsprocguide:prgf_hrms_generate_update_excel.png|}} | + | {{:spay:hrmsprocguide:prgf_hrms_generate_update_excel1.png|}} |
Step 6:Update columns PRGF Flag and Pension Scheme Flag | Step 6:Update columns PRGF Flag and Pension Scheme Flag | ||
- | PRGF Flag with values Y (YES) or N (NO) – PRGF Flag indicates whether the employer contributes or not to the PRGF for the employee | + | * **Pension Scheme Flag** with values Y (YES) or N (NO) - Pension Flag indicates whether retirement benefits of the employee are payable under the Statutory Bodies Pension Funds Act; or in accordance with a private pension scheme. |
- | + | ||
- | Pension Scheme Flag with values Y (YES) or N (NO) – Pension Flag indicates whether retirement benefits of the employee are payable under the Statutory Bodies Pension Funds Act; or in accordance with a private pension scheme. | + | * **PRGF Flag** with values Y (YES) or N (NO) - PRGF Flag indicates whether the employer contributes or not to the PRGF for the employee. |
+ | **However, the PRGF Fund is applicable to all workers of the private sector, excluding:** | ||
+ | * (i) A worker drawing a basic wage of more than Rs200,000 a month; | ||
+ | * (ii) A migrant worker or a non-citizen; and | ||
+ | * (iii) A worker whose retirement benefits are payable under the Statutory Bodies Pension Fund Act or in accordance with a private pension scheme | ||
+ | |||
To help you with the above flags, please find below some possible values:- | To help you with the above flags, please find below some possible values:- | ||
- | * Retirement benefits of the employee are payable under a Private pension scheme? | + | * **A worker drawing a basic wage of more than Rs200,000 a month** |
- | * **Pension Scheme flag (Yes) PRGF flag (No)** | + | __//Pension Scheme flag (Yes) PRGF flag (No)//__ or __//Pension Scheme flag (No) PRGF flag (No)//__ |
- | * Retirement benefits of the employee are payable under the Statutory Bodies Pension Funds Act? | + | * **A migrant worker or a non-citizen ** |
- | * **Pension Scheme flag (Yes) PRGF flag (Yes)** | + | __//Pension Scheme flag (Yes) PRGF flag (No)//__ or __//Pension Scheme flag (No) PRGF flag (No)//__ |
- | * Retirement benefits of the employee are not payable under neither according to Private pension scheme nor Statutory Bodies Pension Funds Act | + | * **Retirement benefits of the employee are payable under a Private pension scheme** |
- | * **Pension Scheme flag (No) PRGF flag (No)** | + | __//Pension Scheme flag (Yes) PRGF flag (No)//__ |
- | + | * **Retirement benefits of the employee are payable under the Statutory Bodies Pension Funds Act** | |
- | However, the PRGF Fund is applicable to all workers of the private sector, excluding: | + | __//Pension Scheme flag (Yes) PRGF flag (No)//__ |
- | + | * **Retirement benefits of the employee are payable neither under Private pension scheme nor under Statutory Bodies Pension Funds Act** | |
- | * (i) A worker drawing a basic wage of more than Rs200,000 a month; | + | __//Pension Scheme flag (No) PRGF flag (Yes)//__ |
- | * (ii) A migrant worker or a non-citizen; and | + | |
- | * (iii) A worker whose retirement benefits are payable under the Statutory Bodies Pension Fund Act or in accordance with a private pension scheme | + | |
After the file is updated, Save and close the file | After the file is updated, Save and close the file | ||