ETP – Death Benefit (Dependant – 47%) is used as part of a Cessation (Termination) Pay Run, where an employee has passed away and the payment is being paid to the Employees Dependants at 47% Tax by entering the Payment Type Code of D. Generally speaking, Superannuation (OTE) and Accruals (Annual, Personal, Long Service, RDO’s and TIL) do not accumulate on Cessation (Termination) Leave Pay Types.
All payments made using this type will be calculated using the base rate, from the following sections, in the following priority;
- The Employees Advanced Pay Set Up unless Calculate Base Rate on Advanced Pay Settings is selected,
- The Employees Special Award Rate,
- The Employees Hours paid at $ in their Award & Agreement.
- Alternatively, the Pay Type can be edited to set the rate or simply changed by entering the rate during a Pay Run.