Reduced Contribution Amount {optional}#
This component applies a percentage reduction to the contribution amount based on the application of a reduction rule.
Are there reduction rates that need to be applied to the contribution, based on Reduction Rules?
Yes: Choose the rule to be used
No: Go to B0830
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
00 | Use Value from UserCalc | Specify the name of the <User Calc> on the component. The usercalc must be of the type `Function`, with a return value of the type `Numeric`. Use the RET operator to return the numeric value. This value is interpreted by the component as a User provided contribution rate. | B0830 | |
01* | Apply Contribution Reduction Percentage | Multiplies the contribution value by the reduction percentage found on the Reduction Rule form when the employee is on a waiver status. | B0460 | B0830 |