Employee's Deferred Compensation Contributions Will Cause Overall Savings Contributions to Exceed Combined Maximum
(Doc ID 2662789.1)
Last updated on MAY 12, 2022
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
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).
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