Understanding Flexible Credits

Many organizations offer their employees credits that they can apply towards their benefits. PeopleSoft Benefits Administration enables you to define three types of flexible credits:

• General credits that apply when an employee is enrolled in a benefit program.

• Plan-based credits that apply when an employee enrolls in a specific benefit plan type.

• Option-based credits that apply when an employee enrolls in a specific benefit option.

After you have defined the flexible credit earnings, use the Benefit Program table to link the credit to the benefit program, benefit plan type, or benefit option.

The Benefits Administration process sums all credits for an employee and passes the totals by earnings code to payroll. The total credits are treated as additional earnings for employees.