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NZ Announcement - Release of Statutory Changes Effective 1 April 2020

Andrea Seale
SR. Principal Support Technical Analyst

The following patches are available via My Oracle Support for New Zealand Statutory updates effective April 2020

 

Patch Information

Note that these patches require the post install steps of running the data installer and hrglobal.drv.Please be sure to carefully read the readme before beginning to install this patch, to ensure successful processing.

New Zealand Statutory updates effective April 2020

  1. The Annual Earners Levy (ACC) threshold is changed from $128,470 to $130,911.
  2. The Student Loan deduction threshold is changed from $19,760 to $20,020.

HRMS Mandatory & Recommended Patch Information for the Asia Pacific

  • For the complete R12.1.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 874563.1
  • For the complete R12.2.x HRMS Mandatory Patch List, see My Oracle Support Knowledge Document 1670198.1

Mandatory Pre-requisite for 2020 Statutory updates

R12.HR_PF.B.Delta.12 and R12.HR_PF.C.Delta.13 and are the lowest levels of HRMS Release Update Pack (RUP) on which New Zealand Payroll customers are supported for statutory updates effective from April 2020. Oracle recommends customers plan their upgrade.

If you experience any issues with this patch, please log a Service request on My Oracle Support, product: Oracle HRMS (New Zealand)

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