Creating flat contributions rules

Use flat contributions rules to define disability benefit plans such as long-term disability and short-term disability plans.

  1. Select Benefits > Plans > Benefit Plans.
  2. On the Benefit Plan Contributions tab, click Create.
  3. Select a Coverage Class, Benefit Group, and the Contribution Start Date.
  4. Specify this information for all Contribution Types:
    Contribution Tax Type

    Select whether the employee contributions are pre tax, after tax or both. If the plan does not include employee contributions, select No Employee Contribution. Important: This field must match with the deductions attached to the plan.

    Default Tax Type

    Select a Default Tax Type when the Contribution Tax Type is Both.

    Currency

    Select the currency in which to display tax type.

  5. For Flat Contributions, specify this information:
    Calculation Type

    Select the method by which the contribution is calculated. The calculation type selected must match the calculation type defined on the deduction codes that are attached to the plan.

    See Calculation types.

    Pre Tax
    After Tax
    Employee
    Employee Total Contribution
    Rate Table Type

    If a rate table is used, then identify the type. For example, age, salary, years of service.

  6. In the Service section, specify this information:
    From Date
    Date Type
    Month/Year
  7. In the Age section, specify this information:
    Age From
    Date Type
    Month/Year
  8. Specify Flex Contribution, if the plan is part of a full flex plan.
  9. Specify Imputed Income, if the plan includes imputed income.
  10. Click Save.
  11. On the Details tab, select the rate table that contains the rates for each coverage option.
  12. Optionally, define how adjustments are to be calculated.
    See Calculating adjustments for contributions.
  13. Click Save.