Define Payroll Elements for Donation Pool Plans
This example shows how to define an absence element for a donation pool plan.
Based on your setup decisions, this procedure might configure these additional elements:
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Accrual element to process absence liability amounts
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Entitlement element to process payments for absence during vacation
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Discretionary disbursement element to process disbursement of partial time accruals
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Final disbursement element to process accrual disbursement when the absence plan enrollment ends
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Donation pool element to process claims from a donation pool and maintain the donation pool total
Each donation pool plan will have its own, specific donation pool element defined. For example, the Emergency Donation Pool Plan will have an Emergency Donation Pool element; the Earthquake Donation Pool Plan will have an Earthquake Donation Pool element. The element you define for a donation pool plan shouldn't be used across multiple plans. You can't map one donation pool element to multiple donation pool plans.
This table summarizes the key decisions for this scenario.
Decisions to Consider |
In this Example |
---|---|
What units do you want to use for reporting calculations? |
Days |
What type of an absence are you transferring to payroll? |
Accrual Balances and Absences |
Do you want the element to calculate absence liability? |
Yes |
Which rate should the calculate absence liability use? |
Liability Rate |
Does your absence plan enable balance payments when enrollment ends? |
No |
Does your absence plan enable payment of partial accrual balances? |
No |
How do you want to calculate deductions for paid absences for employees not requiring a time card?
|
Reduce regular earnings by absence payment |
Does this plan enable entitlement payments after termination? |
No |