Pay Period Flex Fund Shortfall {optional}#
This component keeps track of any amount of flex amount that the employee tried to take but for which there is an insufficient flex credit balance. This component is only required when a flex system is based on points or credits rather than dollars, so that any shortfall may be converted to an employee deduction amount.
Convert the flex fund shortfall to a pay period amount?
Yes: Choose the rule to be used
No: Go to B1000
Rule | Description | Logic | Assoc. | Go to |
---|---|---|---|---|
01* | Capture Pay Period Flex Fund Shortfall | Captures any portion of the pay period contribution amount (B0850) for this coverage for which there was insufficient flex fund credit to cover the premium amount. | B0850 | B1000 |
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'.
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'.