For Life Plans With Age Reduction, The Order That The Coverage Maximum Is Applied Is Different Between The Benefits Snapshot Process ( Ben100a) And Payroll Calculation.
(Doc ID 2417587.1)
Last updated on SEPTEMBER 18, 2023
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
For Life Plans with age reduction, the order that the coverage maximum is applied is different between the Benefits Snapshot process (Ben100a) and Payroll Calculation.
For example: for a 2x Salary Life plan with Salary = 265780 * 2 = 531560, round = 532000
Applied Age Reduction = 345800 then coverage maximum = 200,000
Payroll deductions results:
Applied coverage maximum = 200,000 then Age Reduction = 130,000
The issue can be reproduced at will with the following steps:
1. Enroll employee in 2X Life plan with Age Reduction and Coverage Maximum.
Navigation: Benefits > Enroll In Benefits > Life and AD/D Benefits
2. Run Payroll calculation for employee. Payroll for North America > Payroll
Processing USA > Produce Payroll > Calculate Payroll
3. Run Ben100a for employee. Benefits > Interface with Providers > Refresh
Compare the results
To view full details, sign in with your My Oracle Support account.
Don't have a My Oracle Support account? Click to get started!
In this Document