S42 - Automatic Enrolment Limits (Payroll Report Generator variable)

Syntax

S42{C/H, M/W/F/4, L/T/U}

Description

The threshold earning amounts that control when an employee is Automatic Enrolled into the pension.

Parameters

C/H

A text parameter that can be omitted (it defaults to "C").

C

Current (the value currently in effect).

H

Historic (the value as at the time of the historic transaction). This will only be applicable if you have based a report on the 'H' variables.

M/W/F/4

A text parameter that can be omitted (it defaults to "M").

M

Monthly earnings.

W

Weekly earnings.

F

Fortnightly earnings.

4

4-Weekly earnings.

L/T/U

A text parameter that can be omitted (it defaults to "L").

L

Lower level of qualifying earnings.

T

Earnings trigger for automatic enrolment.

U

Upper level of qualifying earnings.

Returns

A numeric value whose typical size is 6 digits plus 2 decimal places.