Defining Flexible Credit Earnings
This section lists prerequisites and discusses how to:
Set up flexible credits.
Set up credit amounts.
This section discusses Benefits Administration activation.
To activate PeopleSoft Benefits Administration:
Access the Installation Table - Products page by navigating to
Select the Benefits Administration check box.
The fields that you use to define flexible credits and automated enrollment processing will become available on the Benefit Program table. In addition, all new benefit programs that you create after Benefits Administration is selected will be identified with a program type of Automated on the Benefit Program page of the Benefit Program table.
Select the Product Specific tab.
Enter the start date for Benefits Administration to set the "look-back" window for your benefits processing.
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Start Date for |
Purpose |
|---|---|
|
Event qualification |
The system will flag only changes to job data, birth date, service date, state, postal code, and union code if the job record that is being inserted, corrected, or deleted has an effective date greater than or equal to the Benefits Administration start date. The system will also not trigger event flags for passive events that occur before the start date. |
|
Event maintenance scheduling |
When you schedule event maintenance, Benefits Administration will review only event records with an effective date greater than or equal to the Benefits Administration start date. This review includes potentially flagging these event records for your review and determining the proper events to leave open for processing (BAS_PARTIC. EVENT_STATUS = 'O'). |
|
Pay calendar access |
For event maintenance, when you set coverage and deduction begin dates, Benefits Administration will load pay calendar data starting with pay period end dates greater than or equal to the Benefits Administration start date. |
To set up flexible credits:
Establish the credit amount using the benefit rate table.
Set up the calculation rules for the credit.
Identify the earnings code that will define the credit in the earnings program.
Warning! If earnings codes for each plan type are not unique, flexible credits might not start and end correctly during open enrollment and event maintenance processing. For example, five medical benefit plans in a benefit program can use the same earnings code. However, dental, life, and general credits need their own earnings codes.
Note: (USF) Flexible credits are not generally used in the U.S. federal government.
When you define a general credit using the benefit rate table, the Rate Per Unit field value must be None. Only the employee portion is picked up and reflected as the credit amount. Option-based credits may have a rate per unit.
Note: If you have defined the credit amount based on age or salary percentage, you need to set up a calculation rule to define how the system determines age and benefit base salary amount.