My Oracle Support Banner

Savings Contributions Reaching Limit Prematurely when Employee Received an Off-Cycle Check in Previous Years (Doc ID 2648982.1)

Last updated on MARCH 13, 2020

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

Savings contributions - whether employer or employee - are reaching a Limit prematurely. The amount that is not being taken that should be matches the amount of contribution on off-cycle paycheck from an earlier year.

STEPS
-----------------------
The issue can be reproduced at will with the following steps:
1. Calculate paryoll for an employee approaching but not yet exceeding the 415(c) Limit for 403B plan (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Calculate Payroll).

Changes

 

Cause

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
Symptoms
Changes
Cause
Solution


My Oracle Support provides customers with access to over a million knowledge articles and a vibrant support community of peers and Oracle experts.