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Explanation of "Use Balance..." Expected Contribution Codes on the Annual Rates tab of the Standard Rates Form (Doc ID 2098456.1)

Last updated on MAY 28, 2019

Applies to:

Oracle Advanced Benefits - Version 12.1 HRMS RUP5 and later
Information in this document applies to any platform.

Goal

Customer would like purpose and details regarding the Expected Contributions codes on the Standard Rates form.

Navigation: Total Compensation > Rate/Coverage Definitions > Standard Rates > Annual Rates Tab > Expected Contributions

-Use Balance, if not available, use Estimate
-Use Balance, if not current, add Estimate

Customer would like to know when these codes were introduced into the product and what is the formula used for calculating the rates.
 

Solution

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Goal
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