How do I set up the pension fund components?
Once the Pension fund has been created, the corresponding employee deduction and company contribution components have to be set up on company level before linking them to employees.
Step 1: Search for & create the employee deduction and company contribution Pension Fund components.
Navigate > Configuration > Payroll > Payroll Config > Payroll Components
Step 2: Add the components to the Deductions and Company Contributions payslip sections of the employee's Recurring Payroll Components screen.
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Deductions
Navigate > Employee > Payroll Processing > Recurring Payroll Components > Company Contributions
The components will be displayed on the employee's Edit Payslip screen accordingly.
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