Limit Rule (LP03.4)

Use Limit Rule (LP03.4) to define maximums for ongoing balance, annual accrual, and carryover amounts. Limit Rules also define when accrual totals are reset, and if the carryover amount is available for a limited period of time (carryover period).

A plan structure must have an annual reset point or date to determine when totals are reset, but maximums are optional. The ongoing balance limit has an additional option (balance limit type) to check maximums by plan, plan / employee group, plan / employee group / position, or plan category.

An ongoing carryover balance can be set by leaving the Carryover Period and Unit blank, but populating the Hours and/or Earnings Limit tables. Carryover balances will be recalculated as usage occurs and at the Reset Point or Date.