Overview of 415 Limits Processing

PeopleSoft's 415 limits processing can be broken into three parts:

• Finding the amounts subject to the limits.

• Finding the limits themselves.

• Applying the limits.

The first part happened during optional forms processing: your optional forms definitions have a flag where you mark whether the benefit is subject to the limits. The 415 definition controls the other two parts.

When benefits are reduced for 415 limits, you see the reduced amounts in the associated optional forms function result. These are the only results that change due to 415 limits processing.

Note:

The benefit amount—that is, the benefit formula function result—is not updated. It still shows the pre-415 limits amount.