Description of Issue
Our new life insurance plan allows the employee to purchase between $1,000 and $20,000 in increments of $1,000 for child life
Context
- Munis
- Deduction and Benefit Master
- Employee Deductions
- Life Insurance
Cause
Resolution
- Sites could track this on a deduction using calc code 02 – Amount from Employee Deduction. And enter the premium in the employee amount field in Employee Deductions.
- Or sites could track this on a deduction using calc code 19 – Life Insurance. Assign a life table to the deduction. And enter the coverage amount in the Employee Ann. Salary field on the Insurance tab in Employee Deductions.
Additional Information
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