To ensure pension calculations remain accurate and up to date, it's important to record the annual increases in CPI rates.
To do this in PeopleXD Pension, follow the steps below.
Click CorePension then click Reference.
Click Pension Actuarial Rates.
In the Pension Scheme field, enter the input code for the SPS.
In the Actuarial Code field, enter 200.
In the Effective Date field, to view a list of dates, click the list
icon.Select the most recent date from the list.
To add a rate, click the add
icon.
To save this, click the save
icon.