This page (revision-8) was last changed on 26-Nov-2021 10:22 by RForbes

This page was created on 26-Nov-2021 10:22 by JEscott

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[{TableOfContents }]
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A bond coverage may be set up for each bond denomination (e.g. $50, $100, etc.). This is optional, as the denomination value may instead be entered on the employee's enrollment record (IBEN). An effective date split of the enrollment record (IBEN) is recommended upon a change in the denomination elected.
A bond coverage may be set up for each bond denomination (e.g. $50, $100, etc.). This is optional, as the denomination value may instead be entered on the employee's enrollment record ([IBEN]). An effective date split of the enrollment record ([IBEN]) is recommended upon a change in the denomination elected.
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Bond plans do not have to be entered on the behalf schedule (IBSC), if the 'Not Scheduled' toggle is ON. This will allow the plans to be added to the benefit election record (IBEL) on an ad hoc basis.
Bond plans do not have to be entered on the behalf schedule ([IBSC]), if the 'Not Scheduled' toggle is ON. This will allow the plans to be added to the benefit election record ([IBEL]) on an ad hoc basis.
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Below is a list of the components that need to be reviewed in order to set up a bond plan :
Below is a list of the [components|BENEFIT COMPONENTS] that need to be reviewed in order to set up a bond plan :
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The following group of benefit components are available to calculate the bond amounts to be remitted for the plan. They are all mandatory.
The following group of [benefit components|BENEFIT COMPONENTS] are available to calculate the bond amounts to be remitted for the plan. They are all mandatory.
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!!Processing Information
After a few pays have been run but before the bond update, the [IBEN] form will be updated with the 'Amount Available for Bond Purchase'.
After UBBD has been run the 'Amount Available', 'Number of Bonds Purchased' and the 'Value of Bonds Purchased' will be updated.
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|Interface Directory| Mandatory, text. Must be a directory on the server for which the current User (as signed onto the client's network) has write capability. For example the entry 'C:\TEMP' accesses the'TEMP' directory on the server, not the local directory for the computer terminal being used.
|Interface Directory| Mandatory, text. Must be a directory on the [data base server|DATA BASE SERVER] for which the current User (as signed onto the client's network) has write capability. For example the entry 'C:\TEMP' accesses the'TEMP' directory on the server, not the local directory for the computer terminal being used.
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![Notes|Edit:Internal.UBBD]
[{InsertPage page='Internal.UBBD' default='Click to create a new notes page'}]