Territory Parameters (Infrastructure Parameters)

Purpose

This activity enables a super user to maintain the parameters that pertain to various territories.

 

From the System Data menu on the top, select Parameters on the sub-menu on the left, then select Territory Parameters from the list of menu options below it.

 

 

The JU1EU Territory Parameter Maintain screen will be displayed.

 

 

To select a value for the Territory Type, click LIST.  The JU0AC Permitted Value List screen will be displayed.

 

 

Click on a Territory and click SELECT.  The JU1EU Territory Parameter Maintain screen will be displayed with the details for the Territory Type selected.

 

 

Add new territory parameters

To add a new territory parameter, select a territory type from the drop-down box, then click NEWThe JU1EU New Territory Parameter Maintain screen will be displayed.

 

 

Descriptions of the input fields on this screen appear below.

 

Type

The type of parameter being added.

Note:

The parameter selected will determine the display of additional fields on this screen.

 

Examples of values are:

-  Base currency

-  GMP Age

-  Increase

-  Linked Increase

-  Living Annuity Max

-  Med Aid Member

-  Multiple Partial Withdrawals

-  State Pension Age

-  Tax Age

-  etc.

Global Type

Click LIST to flow to the JU1AE Global Type List screen to select a value from the Global Type List.

Value

The description of the Type selected.

Effective Date

The date from which the Type is effective

Age

The age for the Type selected (where applicable).

 

This is the age above which the medical aid deduction is tax free, or the State Pension Age applicable.

Percentage

The percentage for the Type selected (where applicable). 

Amount

The amount for the Type selected (where applicable). 

Month (MM)

The tax year end (month) applicable to the selected territory.  Select a value from the drop-down list.

 

Click OK