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How Can the Coverage Formula Be Configured to Round Up to 1000? (Doc ID 2672955.1)

Last updated on JULY 06, 2023

Applies to:

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


The Coverage Formula is providing incorrect rounding results for employees who enroll in a plan for 2/3’s of their salary. The .667 multiplies the salary higher, then the system adds $1000 and they are charged for an extra $1000 of coverage.

Our rules are to round up to the nearest 1,000.  How can we ensure that the correct calculated base is used for deductions?


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