Investment Group (06/AI)

You use investment group codes to indicate the grouping to be used when you balance accruals for investing in various funds. For split investments, the total deduction must total 100 percent of the amount specified. For example, an employee has a savings plan deduction that he or she has elected to split three ways:

• 10 percent

• 20 percent

• 70 percent

These splits use three additional DBAs. To ensure that the three splits (or accruals) total 100 percent, you must:

• Use the same accrual investment group code for all three.

• Ensure that the total of the individual percentages is 100.

• Not use the accrual investment group code on the DBA upon which the splits are based.

• Verify that the split DBAs have no effect on net or gross.

• Verify that the split DBAs are not cash benefits.