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Stay informed about the updates applied to PeopleSoft applications to keep your organization compliant

Legislative Update for PeopleSoft HCM Global Payroll Switzerland

PeopleSoft Global Payroll Switzerland has announced legislated changes for 2020.  These changes cover the following: 
 

  • AHV_AVS Contribution raised from 10.25 to 10.55 
  • Cantonal Source Tax Rates and Commission
  • Cantonal Child Allowances and Employer Contribution Rates
  • Additional employer contribution managed by FAK_CAF
  • Update Postal codes and Village Codes (Steuergemeinde)
  • Update Bank information

Customers can review more details surrounding these changes as well as our delivery plans on My Oracle Support, Document ID 2622739.1 
 

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