How Can User Defined Per Check Limit on Employer Matching Contributions Be Overridden for Retroactive Contributions?
(Doc ID 2503214.1)
Last updated on NOVEMBER 11, 2019
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
A User Defined Per Check Limit is set to limit employer matching contributions on Savings Plans on any paycheck to a fixed percentage of the amount in the designated Special Accumulator. Due to inaccurate enrollment data being provided by an external source, employee and employer contributions for an earlier period must now be taken for some employees. How can that employer match be given on the employee's paycheck if the total of the current employer match and the retro employer match exceeds the percentage limit?
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