BN03.1 – Vesting Schedule

System
Benefits (BN)
Type
Online screen — form 03
Updates
2 tables
References
3 tables

BN03.1 (Vesting Schedule) is a Lawson Benefits online screen (form 03, subform 1). It updates VESTSCHDDT and VESTSCHDHD and references BNCOMPANY, PLAN and PRSYSTEM.

About BN03.1

Use Vesting Schedule (BN03.1) to define vesting schedules for defined contribution and defined benefit plans. A vesting schedule is a table that determines when a company's contributions become nonforfeitable to anemployee. **Processing Effect If you change a vesting table, the changes reflect immediately since vesting calculates online in BN55.1 (CODA Account Balance), BN56.1(Compensation History), BN57.1 (Vesting Hours) and in report form in BN237 (Vesting Listing).

More information: You assign vesting schedules to plans in the Vesting Compensation form tab inBN15.1 (Benefit Plan).

Updated files (2)

TableDescriptionSystem
VESTSCHDDTVesting Schedule DetailBN
VESTSCHDHDVesting Schedule HeaderBN

Referenced files (3)

TableDescriptionSystem
BNCOMPANYBenefit Company ParametersBN
PLANPL Group DetailBN
PRSYSTEMHR Company and Process LevelsHR