Calculating contributions based on age
- Select Benefits > Plans > Benefit Plans.
- Open a benefit plan and select the Contributions tab.
- Click Create.
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In the Age section, specify this information:
- Age From
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Select whether to calculate age using Employee, Spouse, or Domestic Partner.
- Date Type
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Select the date type to use to calculate an employee's age.
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Current: Specify to use an employee's age on the date an employee enrolls in the benefit.
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As Of Date: Specify to use an employee's age on the month and day that you specify in the Month Day / Year field is used.
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First Of Month: Specify to use the employee's age on the first of the month that the employee's benefit begins. For example, if a benefit is added with a start date of May 15, the enrollment date is calculated based on information from May 1.
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Flex Calculation Date: Specify if this benefit is under a flex plan. The employee's age is determined using:
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- Month Day / Year
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If you select As Of Date in the Date Type field, specify the month, day, and year to be used to determine an employee's contributions based on age. If you leave the Year field blank when using the As Of Date, the employee's salary is calculated on the latest month and day specified. If you specify a Year, the employee's salary is calculated from the exact month, day, and year that you specify.