Calculated Base Amount for Life and Disability Plans are Incorrect
Last updated on DECEMBER 13, 2017
Applies to:PeopleSoft Enterprise HRMS Human Resources - Version 9 to 9.1 [Release 9]
Information in this document applies to any platform.
On Life, STD and LTD plans, for the Coverage Formula table page setup as Coverage Base As OF: This Year on Month 1, Day 1, the system is looking for the base on 1st of January, but it is NOT seeing the termination and rehires rows if they are on the same date and the same employee record number.
The issue can be reproduced on demo environment with the following steps:
1. For 2x and/or 3x plans, on Coverage Formula Table page the setup is Coverage Base As OF: This Year on Month 1, Day 1
2. Add a termination row for an active employee; employee record number 0, effective sequence 0
3. Rehire employee on the same day with employee record number 0, effective sequence 1
4. Change the compensation rate
5. Recalculate the check
The system will NOT take into consideration the base amount from rehire date.
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