Specific Plan Components Setup
This section provides overviews of specific plan components setup, calculation parameters setup, and calculation jobstream setup.
Pension Administration takes a modular approach to setting up calculation rules. Because the modules are heavily interdependent, a key part of your analysis will be diagrams showing the relationships of the modules you need. This is extremely important because it will be impossible for you to create any module until all its prerequisite modules are in place. Use your diagrams as a road map for entering the data in the system.
Note: During implementation, you must keep track of many modular objects. This task easier if you develop a naming standard for pension objects.
Order the components according to their interdependencies. For example, if you have defined participation as requiring service credit, then the Participation Service component should be placed before the Plan Participation component.