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OHBEN1147 - Define Employee Contribution Variants

OHBEN1147 - Define Employee Contribution Variants

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In this step you define employee contribution variants to determine which factors influence the permitted employee contribution to a plan. Variants are plan-specific; each plan has its own variant(s).

You do not enter any actual contributions in this step. You simply define how contributions vary according to:

  • Plan
  • Option (only for plans in the plan category Miscellaneous)
  • Employee data

Before you start to define variants, you need to do the following:

  1. Determine how often employee contributions vary for plans and any plan options.
This indicates how many contribution variants you need.
  1. Determine how employee contributions vary according to employee data.
This determines how you need to set up your variants using employee groupings.
For each variant, you can specify a parameter group and employee contribution grouping to determine employee contribution.

The contribution an employee may make to a benefit plan is based on salary, as defined in the parameter group STRD. Within this parameter group, only the seniority group is used to determine contribution.

You have created any parameter groups that you want to assign to your variant in the step Define parameter groups.

  1. Enter a four-character identifier and description for each variant.
  2. Select the period for which the variant is valid.
  3. Specify the criteria that are relevant to the calculation of contribution in the variant.
    1. If required, enter a parameter group and indicate which of the referenced employee criteria groups you want to use.
    2. Set the EE contr.group. indicator if you want to use the employee contribution grouping feature to group employees.
  4. If you want the benefit salary on which employee contribution is based to be calculated on a day other than the calculation base date, enter a cutoff day.
  5. Define a waiting period, if required.
If you want the waiting period for contributions to start on a date other than the participation begin date, enter a date override.
  1. If you specify a waiting period, you can determine the day on which contributions start after this period.





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