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
Screen captures are meant to be indicative of the concept being presented and may not reflect the current screen design.
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