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Calculate 403(b) Extension Process Disregards Limit Override in Savings Management (Doc ID 3027306.1)

Last updated on JUNE 07, 2024

Applies to:

PeopleSoft Enterprise HCM Human Resources - Version 9.2 to 9.2 [Release 9]
Information in this document applies to any platform.

Symptoms

The system consistently removes the amount for employees who are eligible to compensate for all 457 deferred contributions. This occurs when utilizing the "Limit Amount Override" feature for the limit type '457' with extension reason 'A' on the employee's Savings Management page.

The issue could be reproduced with the following steps:

  1. Enter the "Limit Amount Override" amount for the limit type '457' with extension reason 'A' on the employee's Savings Management page. Navigation: Benefits > Enroll in Benefits > Benefits Savings Management.
  2. Prepare, calculate and confirm an off-cycle paycheck for this employee.
  3. Run the Calculate 403b Extensions process. Navigation:  Benefits > Monitor Savings Pln Extensions > Calculate 403(b) Extensions > Calculate 403(b) Extensions.
  4. The process deletes the Limit Amount Override field.

Changes

 

Cause

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In this Document
Symptoms
Changes
Cause
Solution
References


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