Table of Contents
PENSION COMPONENTS#
Benefit Component Codes#
The benefit components identified below have been grouped based on their purpose under the following subheadings:B0005 to B0299 | Components for Preprocess/Qualification |
B0300 to B0399 | Components for Eligible Earnings/Amounts |
B0400 to B0499 | Components for Coverage |
B0500 to B0599 | Components for Coverage Step |
B0600 to B0699 | Components for Premium |
B0700 to B0729 | Components for Premium Tax (Canadian Installations Only) |
B0730 to B0799 | Components for Self-Insured Admin Fees, Deposit Liabilities and Contract Amounts |
B0800 to B0899 | Components for Employer Contributions |
B0900 to B0929 | Components for Employer Sales Tax (Canadian Installations Only) |
B0930 to B0999 | Components for Flexible Benefit Fund Amount |
B1000 to B1099 | Components for Employee Deduction |
B1100 to B1129 | Components for Employee Sales Tax (Canadian Installations Only) |
B1130 to B1199 | Components for Self-Insured Deposit and Retro Amounts |
B1200 to B1299 | Components for Taxable Benefit |
B1300 to B1399 | Components for Bond Plan Amounts |
B1400 to B1599 | Components for Remittance Adjustment Components |
Although the sheer number of options may seem daunting, not all components are required for every plan. They are provided to allow complete versatility when defining policies.