Are Savings Plan Deductions Calculated Based Upon the Earnings Date?
(Doc ID 2945240.1)
Last updated on APRIL 26, 2023
Applies to:PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.
Are Savings Plan deductions calculated based upon the earnings date?
The requirement is that if the earnings on the paycheck is dated from a prior pay period where the employee's enrollment of the plan has a different percentage, those earnings must have deductions calculated based on the prior enrollment's percentage.
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