Funding Base Calculation for Employees with Multiple Jobs
When an employee has multiple jobs in different companies, the total social security base must be distributed between jobs to prevent excess contributions being taken from the employee's paycheck.
To trigger the calculation of the base for multiple jobs:
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Specify the date (the effective date) on which the distribution of bases is to begin on the Multiple Employment page.
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Enter a percentage (supplied by Social Security) representing the proportion of the common contingencies base that applies to each job on the Multiple Employment page. The system applies these percentages to the common contingencies ceilings and bases used in the normalization process.
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Enter a percentage (supplied by Social Security) representing the proportion of the professional contingencies base that applies to each job on the Multiple Employment page. The system applies these percentages to the professional contingencies ceilings and bases used in the normalization process.
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