Calculation types

Calculation Type is the method by which contributions are calculated. The calculation type selected must match the calculation type defined on the deduction codes that are attached to the plan. These are the options:

• Flat Amount - if every employee in a group pays the same amount for a coverage option.

  or you are defining contributions for COBRA participants and retirees.

• Percent of Salary - if the annual contribution is a percent of the employee's annual salary

• Flat Percent - if the contribution is a percent of the employee's pay period wages.

• Rate Table - if contributions are calculated using the rate table.

  Note: 

  When you select Flat Percent or Percent of Salary, specify a percentage in the Pre Tax, After Tax and Employer Contribution fields to support percent contribution elections.