2How do I enforce annual deferred compensation limits for my US organization?

The payroll process automatically enforces limits at the payroll statutory unit (PSU) level. This helps ensure all employees belonging to any tax reporting unit (TRU) in that PSU stay in compliance.

To change the enforcement of these limits:

1. To configure them at the PSU level, start the Legal Entity Calculation Cards task.

   To enforce them for a TRU, start the Legal Reporting Unit Calculation Cards task.

   Settings on the TRU override those on the PSU.

2. Select Benefits under Component Groups.

3. Under Calculation Components, click Create.

4. Select the Pension Plan calculation component.

5. Select the appropriate pension type, and click OK.

6. In Pension Plan: Details, select Enterable Calculation Values on Calculation Cards.

7. Click Create.

8. Select Enforce Eligible Compensation Annual Limit Check in Name.

9. Select Yes to enforce the limit. If you don't want to enforce the annual limit, select No.

10. Click OK.

11. Click Save and Close.

If you set this override to No, the payroll process continues to perform employee deductions up to the annual deduction limit, even if the annual compensation limit has been reached.