Salary Rate Table (BN02.2)
Use Salary Rate Table (BN02.2) to define contribution amounts based on salary.
The application calculates the contribution using either an amount or percent.
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.
Salary rate tables are not valid for COBRA participant and retiree contributions.
You can assign salary 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).