Retirement

 

Definition

The system provides the following types of retirement payroll calculation:

Use

For the retirement liquidation for the current period and the next period, the payments and deductions relevant to unpaid portions of the monthly payment are calculated.

For the retirement allowance, income tax is calculated and the retirement payment effected.

See also:

Retirement Liquidation for Current Period

Retirement Liquidation for Next Period

Retirement Allowance Payroll