E1: 07: GTL(Group Term Life) / Excess Life Setup (Doc ID 655951.1)

Last updated on MARCH 01, 2017

Applies to:

JD Edwards EnterpriseOne HCM Foundation - Version 8.0 to 9.1 [Release 8.0 to 9.1]
Information in this document applies to any platform.

Goal

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.

Solution

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