Last updated on MARCH 01, 2017
Applies to:PeopleSoft Enterprise HCM Payroll for North America - Version 8.3 SP1 to 9.2 [Release 8.3 to 9]
PeopleSoft Enterprise HCM Human Resources - Version 8.3 SP1 to 9.2 [Release 8.3 to 9]
Information in this document applies to any platform.
There are two life insurance plans one is 100% employer-paid, the other is 100% employee-paid (after tax). When PAY_DEDUCTION rows are calculated for the taxable benefit portion, some employees receive a row for each plan type (one with a positive amount, the other with a negative). Some employees only receive one taxable benefit row (for the employer-paid plan) with the net amount of the imputed income.
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