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401(a) Limit Not Working when Earnings on Different Benefit Records in Different Companies (Doc ID 2482889.1)

Last updated on NOVEMBER 09, 2023

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 and later
Information in this document applies to any platform.

Symptoms

Earnings balances across multiple Benefit Record Numbers n multiple Companies are not being combined when the 401(a) Limit is being evaluated for Savings Plans.

STEPS
---------------------------
1. Run a payroll calculation for separate checks for an employee with multiple Benefit Record Numbers which when combined exceed the 401 (a) Limit
    (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).

Cause

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In this Document
Symptoms
Cause
Solution


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