Coverage Amount Limit
Use the Coverage amount limit formula type if coverage restrictions have to be applied.
Contexts
The following contexts are available to formulas of this type:
- BUSINESS_GROUP_ID ( ENTERPRISE_ID)
- EFFECTIVE_DATE
- HR_ASSIGNMENT_ID
- PERSON_ID
Database Items
Use only the following database items that are available to formulas of this type:
- Database items based on person’s assignment – HR_ASSIGNMENT_ID AND PERSON_ID
Input Variables
Input variables are not available to formulas of this type.
Return Variables
Use predefined names for return variables. The following return variables are available to formulas of this type.
| Return Value | Data Type | Required | Description |
|---|---|---|---|
| L_MN_CVG_RQD_AMT, L_MX_CVG_ALWD_AMT, L_MX_CVG_WCFN_AMT, L_MX_CVG_INCR_ALWD_AMT, L_MX_CVG_INCR_WCF_ALWD_AMT | Number | Y | Minimum coverage amount Max coverage amount Max with certification amount Max coverage increment Max coverage increment with certification |
Errors
If any other output value is returned then the participation process errors with BEN_91329_FORMULA_RETURN.
Sample Formula 1:
FORMULA NAME: Coverage_Amount_Limit
FORMULA TYPE: Coverage Amount Limit
DESCRIPTION: Determine coverage amount limit values.
DEFAULT FOR CMP_ASSIGNMENT_SALARY_AMOUNT IS 0
DEFAULT FOR CMP_ASSIGNMENT_SALARY_ANNUALIZATION_FACTOR IS 0
L_MN_CVG_RQD_AMT = 0
L_MX_CVG_ALWD_AMT = 0
L_MX_CVG_WCFN_AMT = 300000
L_MX_CVG_INCR_ALWD_AMT = 10000
L_MX_CVG_INCR_WCF_ALWD_AMT = 10000
IF ( 3 * CMP_ASSIGNMENT_SALARY_AMOUNT *
CMP_ASSIGNMENT_SALARY_ANNUALIZATION_FACTOR ) > 200000
THEN
( L_MX_CVG_ALWD_AMT = 200000 )
ELSE
( L_MX_CVG_ALWD_AMT = 3 * CMP_ASSIGNMENT_SALARY_AMOUNT *
CMP_ASSIGNMENT_SALARY_ANNUALIZATION_FACTOR )
Return L_MN_CVG_RQD_AMT, L_MX_CVG_ALWD_AMT, L_MX_CVG_WCFN_AMT, L_MX_CVG_INCR_ALWD_AMT, L_MX_CVG_INCR_WCF_ALWD_AMT