Fusion Benefits Management: Set Up A Retirement Plan With A UOM Of Percentage; The Rate Entered Is Being Multiplied By 12 For 401K

(Doc ID 1927315.1)

Last updated on MAY 06, 2015

Applies to:

Oracle Fusion Benefits - Version and later
Oracle Fusion Benefits Cloud Service - Version and later
Information in this document applies to any platform.


Set up a 401k retirement plan with a UOM of Percentage; the rate entered is being multiplied by 12 for an annual rate.

The percentage should remain constant over the year. A rate of 5% should not be multiplied by 12 and display an annual rate of 60%.

What could be causing this ?


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