Age Rate Table (BN02.1)

Use Age Rate Table (BN02.1) to define contribution amounts based on age.

Processing Effect

The application calculates the contribution using either an amount or percent.

More Information

When you assign a rate table to a benefit plan's contribution record, the rate table's start date must match the start date of the contribution record.

You can use age rate tables for employee, COBRA participant, and retiree contributions.

You can assign age rate tables to contributions in the following forms:

BN18.2 (Options Amount Range),
BN18.3 (Flat Contribution), and
BN18.4 (Salary or Coverage Rate Table).