Mass Benefit Termination (BN103)
Run Mass Benefit Termination (BN103) to terminate benefits for employees in a plan.
BN103 stops an employee's benefit, deductions and, if applicable, standard time record.
Processing Effect
If you run BN103 to stop flex benefits, BN103 stops the employee's flex dollar record and all benefits under the flex plan. Flex benefits are stopped in reverse order; that is, the last benefit added is stopped first and the first benefit added is stopped last.
More Information
You can terminate benefits for all employees under the plan or for employees in a process level, a processing group, an employee group. If a plan's Coverage Type in BN15.1 (Benefit Plan) is Coverage Options, you canterminate benefits for a specific plan option.
You can create a CSV (comma-separated value) file for each of the terminated benefits. This file can be used as the basis for an in put file for BN531 (Benefits Conversion) if you want to transfer the employees to a new plan or plan or plan option.
For each employee whose benefit was stopped, the report shows the following applicable information:
- start date,
- coverage option,
- multiple of salary,
- coverage amount,
- the annual employee contribution,
- whether the contribution is a percent or an amount,
- the employee's pre-tax and after-tax contribution, and
- the company contribution.