Deduction Calculation Method#
This component determines how the deduction amount will be calculated.
Choose the rule that is used as the ‘Deduction Calculation Method’ rule.
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 deduction amount. | B1020 | |
01 | Use Value from Element | Specify the name of the <Element> on the component. The value of the element will be used as the deduction amount. | B1020 | |
02 | Use Deduction Amt from Enrollment | Use the deduction amount from the employee’s current enrollment detail or the <BC Value> specified in the component. The employee’s enrollment detail (IBEN) must be initialized with a value, either by conversion or manual input, or through the component value. | B1020 | |
03 | Use Deduction Rate | Uses the deduction rate from the Rates tab or B1000 as the contribution amount. | B1000 | B1020 |
04* | Premium Amount | Uses the whole premium amount (B0680) as the deduction amount. Rule used when the employee pays the total premium. | B0680 | B1020 |
05* | Percentage of Premium Amt | Specify the <BC Value> on the component. Uses the specified value as a percentage to apply to the premium amount (B0680) as the deduction amount. Rule used when the employee pays only percentage of the premium. This rule should not be used in conjunction with contribution Rule 05 (B0810). Please use Rule 06 of component B1010 instead. | B0680 B0800 B0810 B0820 B0830 B0840 B0850 B1010 B1040 | B1020 |
06* | Premium Amt less Contribution | Uses the difference between the premium amount (B0680) and the employer contribution (B0840) as the deduction amount. | B0680 B0840 | B1020 |
07 | Deduction + Admin Fee (SI) | Uses the deduction rate from the Rates tab or B1000 plus the administration fee as the deduction amount. Rule may be used for self-insured plans. | B1000 | B1020 |
08 | Percentage of Premium Amt + Admin Fee (SI) | Specify the <BC Value> on the component. Uses the specified value as a percentage to apply to the premium amount (B0680) plus the administration fee (B0730) as the deduction amount. Rule used for self-insured plans only. | B0680 B0730 | B1020 |
09 | Flex Cash Back Option | Places any unused portion of the flex credit (B0930) into the component as a negative amount. The unused credit may be placed directly into a pay component if it represents a dollar value or it may be manipulated through a usercalc when it represents a value of surplus points or credits. | B0930 | B1040 |
10 | Deduction Rate x Eligible Earnings | Multiplies the deduction rate from the Rates tab or B1000 by the eligible earnings (B0360) | B0360 B1000 | B1040 |
11 | Percentage of Eligible Earnings | Percentage (B1000) of the eligible earnings (B0360). | B0360 B1000 | B1040 |
12 | Deduct from EE if Flex Fund not enough | Deduction the amount necessary to cover the premium amount when the Flex Fund is not enough to cover the premium. | B1040 | |
13 | Percent of Coverage / Unit Value + Admin Fee | Percentage (B1000) of the Coverage Amount divided by Unit value (B0640) plus Administration Fees (B0730) | ||
14 | Percentage of Coverage / Unit Value | Percentage (B1000) of the Coverage Amount divided by Unit Value |