Employee Retirement

Employee Retirement allows users to manage retirement applications by entering details such as branch, sub-department, section, floor, employee, retirement type, application and effect dates, and the reason for retirement. Once submitted, the application can be processed, and the final settlement can be calculated automatically, ensuring all payables and deductions are accurately recorded in PrismERP.

Field	Action
Branch	Select the branch of the employee.
Sub Department	Select the sub-department of the employee.
Section	Select the section where the employee works.
Floor	Select the floor where the employee is assigned.
Employee	Select the employee who is retiring.
Retirement Type	Select the type of retirement (e.g., normal, early, superannuation).
Application Date	Enter the date when the retirement application was submitted.
Effect Date	Enter the date when the retirement will take effect.
Instant Close	Select if the retirement should be processed immediately.
Retirement Cause	Enter the reason or circumstances for the retirement.