Fusion Benefits: HSA Is Not Prorating Midyear Re Hires Correctly
(Doc ID 2733391.1)
Last updated on JUNE 08, 2022
Applies to:
Oracle Fusion Benefits Cloud Service - Version 11.13.20.07.0 and laterInformation in this document applies to any platform.
Symptoms
On : 11.13.20.07.0 version, Manage Benefits
ACTUAL BEHAVIOR
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1 - Employee enrolls in H.S.A January 1, 2020 with an annual election of $1040.
2 – Oracle distributes $20 per pay period correctly.
3 - Coworker termed 5/10/2020. At that time year to date HSA equals $300 total.
4 - Coworker Rehired 8/2. Again enrolling in HDHP/HSA coverage effective 9/1/2020. Rate start of 8/23. Employee requested the annual HSA to be $580.
5 – Enter $580 as the annual H.S.A election
7 – However, it only distributes $180 as remaining annual amount making the per pay period amount @ $10.59 PP (17 remaining PP's)
EXPECTED BEHAVIOR
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It is expected to prorate the $580 for the remaining 17 pay periods @ $34.12 per pay period.
Cause
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In this Document
Symptoms |
Cause |
Solution |
References |