Procedures in this chapter
These procedures enable you to setup the contributions that you want to use in benefit plans.
Procedure | Description |
---|---|
Defining Contribution Rate Tables | Define the rate tables that you want to use for contributions. |
Defining Options Amounts | Use when coverage is defined as coverage options and the cost of coverage options is the same for all employees in a group. |
Defining Options Amount Range | Use when coverage is defined as coverage options and the cost for coverage options varies based on salary, age, or years of service for employees in a group. |
Defining Flat Contributions | Use when coverage is defined as coverage amount or no coverage, and the cost for the benefit is not based on the benefit's coverage amount. |
Defining Salary or Coverage Rate Table | Use when coverage is defined as coverage amount and annual contributions are based on the benefit's covered salary. |
Defining Contribution Limits | Use when coverage is defined as no coverage, and employees specify contributions. |
Defining Match Limit Schedule | Use when coverage is defined as no coverage, and employees specify percent or amount contributions that are matched by the company. |
Defining Match Percent Schedules | Use when coverage is defined as no coverage, employees specify percent or amount contributions that are matched by the company. Also if you want to limit the employee's pretax, after-tax and total contribution as a percent of salary, or you want to limit the percent of the employee's contribution that is matched. |