Group Term Life Deduction Total (U.S. only) {optional}#
This component is required in the US only when employees pay an amount towards the coverage of a group term life coverage and taxable benefit is being calculated.
Is this a U.S. Group Life Insurance plan?
Yes: Choose the rule to be used
No: Go to B1100
| Rule | Description | Logic | Assoc. | Go to |
|---|---|---|---|---|
| 01* | Accumulate Deduction Total | Includes this amount of deduction into the value being accumulated for US group term life. | B1100 |
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'.
