Group Term Life Coverage Total (U.S. only) (Sequence 595) {optional}#
This component is used when US group term life taxable benefit calculation is required.
Is a group term life taxable benefit calculation required?
Yes: Choose the rule to be used
No: Go to B0500
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Add Coverage to Total and Replace Component | Includes this amount of coverage into the value being accumulated for US group term life. | B0470 | B0500 |
Enter a pay component in the <PC Code> field if the result is to be viewed for Payroll processing or reporting.
The BC action must be ‘Store on Line & Enroll
