Last updated on NOVEMBER 16, 2016
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.1 to 9.2 [Release 9]
Information in this document applies to any platform.
After applying Tax Update 13-B, the Disability (LTD) calculated base is not being limited/capped correctly. The Coverage Maximum on the Coverage Formula Table is no longer being applied across the board for all employees.
STEPS TO REPLICATE
1. Calculate a paycheck for an employee whose monthly salary exceeds that which would generate the maximum benefit for the plan (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Pay).
2. Review the employee's Long Term Disability deduction (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Review Paycheck).
Many employees have had excessive LTD deductions taken from their paychecks in production.
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