!!!Round Contribution Amount {optional}

This component enables the calculated contribution amount to be rounded up or down to the <BC Value> specified (e.g. 0.01). Used to indicate that it is the employer who picks up the odd one cent when a premium is not divisible exactly in half.

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If the premium is not evenly divisible by the processing frequency should the employer pick up the extra cent?

''Yes: Continue with rule 1''

''No: Go to next question''

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Round the contribution amount up?

''Yes: Choose the rule to be used''

''No: Go to [B0840|BC-B0840]''

||Rule||Description||Logic||Assoc.||Go to
|01|Company picks up extra\\cent|Specify the rounding factor on the component\\(e.g. 0.01) in the <BC Value> field.\\Adds the extra cent to the contribution amount\\when the premium is split between the company\\and the employee and the result is not\\exact cents.\\i.e. If the premium were $132.69/mo and the\\split was 50/50 between the employee and the\\company the amounts would be $66.345.\\Rounding the company portion would mean\\that the employee pays $66.34 and the company’s\\portion is $66.35.|\\|[[B0840|BC-B0840]
|02|Rounded to the Nearest\\Cent|Specify the rounding factor on the component\\(e.g. 0.01) in the <BC Value> field\\Rounds the deduction amount to the newest\\cent when the dollar amount calculated is more\\than two decimal places.|\\|[[B0840|BC-B0840]
|03*|Rounded Down to the\\Next Cent|Specify the rounding factor on the component\\(e.g. 0.01) in the <BC Value> field\\Rounds the deduction amount down to the next\\cent when the dollar amount calculated is more\\than two decimal places|\\|[[B0840|BC-B0840]