Creating options amount contribution rules

  1. Select Benefits > Plans > Benefit Plans.
  2. Open the plan you want to update.
  3. On the Contributions tab, click Create.
  4. Select a Coverage Class, Benefit Group, and the Contribution Start Date.
  5. Specify this information for all contribution types:
    Country

    Select the country for which to display the tax type.

    Currency

    Select the currency in which to display the tax type.

    Contribution Tax Type

    Select whether the employee contributions are pretax, after tax or both. If the plan does not include employee contributions, select No Employee Contribution.

    Note: This field must match with the deductions attached to the plan. COBRA participants must be set to after tax.
    Default Tax Type

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

    Allow After Tax Election
    Select this field to give employees the option to have their contribution taken on an after tax basis. This field shows when the contribution coverage class is Employees, the Contribution Tax Type is Both, the Default Tax Type is Pre Tax, the benefit plan is not associated to a full flex plan, and the benefit plan type is Health, Dental, or Vision. This field only shows for updates, not on a Create action. This field selection cannot be changed after enrollments are associated to this contribution rule. On the Details tab, amounts that can be elected by the employee as pre tax or after tax should be in the Pre Tax column. Amounts in the After Tax column are always after tax.
  6. In the Calculation section, 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.

    COBRA Premium Percent

    Specify the premium you want to charge COBRA participants. For example, if you charge 1%, specify 101%. If you give them a 1% reduction, specify 99%.

  7. Specify contributions based on salary.
  8. Optionally, define how adjustments are to be calculated.
    See Calculating adjustments for contributions.
  9. Click Save.
  10. On the Details tab, all of the coverage options are listed. Specify this information:
    Contribution
    Add the annual contribution amounts, as appropriate.
    Surcharge
    Add surcharge in the contribution rule as an annual amount. It is added to the contribution when the eligibility determined by the survey is “Eligible With Surcharge”.
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