Age-Graded Rate for Supplemental Life Insurance Changing Prematurely for Some Employees
(Doc ID 2953024.1)
Last updated on JULY 31, 2023
Applies to:
PeopleSoft Enterprise HCM Benefits Administration - Version 9.2 to 9.2 [Release 9]Information in this document applies to any platform.
Symptoms
The cost of a Supplemental Life plan that uses an age-graded rate is calculating using the rate based on the employee's age that will not be attained until later in the year.
Steps to reproduce the issue:
1. Calculate a payroll for an employee who is currently age 59 but will attain age 60 before the end of this year (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Review Paycheck).
2. Review the deduction on the calculated paycheck to see that it is using the wrong rate (Navigation: Payroll for North America > Payroll Processing USA > Produce Payroll > Review Paycheck).
Changes
Cause
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In this Document
Symptoms |
Changes |
Cause |
Solution |