Contribution Cap Rule (Sequence 811){optional}#
This component stores the value of the percentage cap.
Is there a limit/cap placed on the percentage of the employer contribution?
Yes: Choose the rule to be used
No: Go to B0900
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Use Supplied Percentage of Eligible Earnings | Multiplies the specified percentage by the eligible earnings and ensures that the calculated employer contribution does not exceed this amount. Specify the <BC Value> on the component. | B0900 | |
| 02 | Use Supplied Percentage of Coverage | Multiplies the specified percentage by the coverage and ensures that the calculated employer contribution does not exceed this amount. Specify the <BC Value> on the component. | B0900 | |
| 03 | Use Supplied Percentage of Employee Amount | Multiplies the specified percentage by the employee amount and ensures that the calculated employer contribution does not exceed this amount. Specify the <BC Value> on the component. | B0900 | |
| 04 | use Flat Amount | Ensures that the calculated employer contribution does not exceed the amount specified in the <BC Value> on the component. | B0900 |
