My Oracle Support Banner

Employee's Deferred Compensation Contributions Will Cause Overall Savings Contributions to Exceed Combined Maximum (Doc ID 2662789.1)

Last updated on APRIL 23, 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

Employee's contributions to a deferred compensation plan (Plan Type 49) and a Roth Plan (Plan Type 43) exceeded the 457 Limit of plus the Age 50+ extension on the last payroll and had to be adjusted manually on the paysheet.

Steps to reproduce the issue:

     1. Run a payroll calculation for an employee with contributions to both plans nearing the 457 Limit (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.