E1: 07: GTL(Group Term Life) / Excess Life Setup
(Doc ID 655951.1)
Last updated on MARCH 16, 2020
Applies to:JD Edwards EnterpriseOne HCM Foundation - Version 8.0 to 9.1 [Release 8.0 to 9.1]
Generic (Platform Independent)
How to set up GTL (Group Term Life) / Excess Life.
This document provides a guideline for setting up the GTL benefit. This set up may vary by employer.
This document assumes that all employees receive a basic life benefit on which the GTL is based on. This document will also include a supplemental life deduction which reduces the employee's taxable amount of GTL. Rates are examples only.
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