401k Service Step Match Calculate Incorrectly When Reaching 401a Limit
Last updated on SEPTEMBER 28, 2017
Applies to:PeopleSoft Enterprise HRMS Human Resources - Version 8.9 and later
Information in this document applies to any platform.
When an employee has reached the 401a compensation maximum in a particular pay period, it appears that the employer match (which uses the service step table) does not calculate correctly.
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