Enables you to define parameters to automatically reduce the pensioner’s basic pension when the GMP figures are updated in the pensioner’s fixed pay element history.

Parameters

GMP Figures

Enter a valid GMP figure code to determine the amount by which the basic pension is to be reduced or select one from the drop-down list.

Basic Pension PE’s

Click WINDOW to display Basic Pension Pay Elements, where you can specify the pay elements that are used to pay the basic pension. These pay elements are reduced by the value determined in the above field if the pay element exists for the pensioner.

MD655G04