Creating deductions to COBRA participants

You must create deductions when a COBRA participant is enrolled in a benefit plan. These deductions are used to create an invoice for COBRA benefits.

You can create a one-time deduction from the standard deduction list.

See One time deductions.

  1. Select Benefits > Maintenance > COBRA Participant > By COBRA Participant.
  2. Select the COBRA participant.
  3. Open a benefit plan to create a deduction.
    You must open a benefit plan with a Current or Future time frame.

    See Opening benefits by COBRA participants.

  4. Create deductions to COBRA participants in the benefit plan:
    1. Click the Deductions tab.
    2. Click Create from the Deductions list.
    3. Specify a deduction code.
    4. Specify this information:
      Begin Date
      Specify the starting date of the deduction.
      End Date
      Specify the ending date of the deduction.
      Next Amount
      Specify the amount to deduct for each deduction of the benefit plan enrollment.

      This value is calculated by taking the annual amount on the Details tab and dividing by the value of the employee's pay frequency that is defined in the frequency table that is associated with the benefit plan.

      .
      Balance Type
      Select a balance type of the deduction.
      Balance Amount
      If the balance type is selected, then specify the amount..

      For example, a dependent care spending account.

      Currency
      Specify the currency to use in the deduction.
  5. Click Save.