Employer Tab
Use the Employer tab to enter information for employer-paid benefits. This includes the benefit effective date, benefit amount or rate, maximum cumulative benefit, and encumbrances remaining.
Fields
Employer Tab
Field | Description |
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Benefit Effective Date | The date that the benefit takes effect. This date only applies to the Employee Benefits System. If you are using Employee Benefits, information from the Deductions page is copied to the employee’s Benefit record in Employee Benefits as of the effective date. |
Additional Gross | Amount to add to the employee’s Gross to calculate the benefit. This field only applies if the Deduction table’s Benefit Method field is set to M - % Plus Additional Amount. If so, the equation for determining the gross benefit is: Benefit Gross = Original Benefit Gross + Additional Gross |
Benefit Amount/Rate | A flat amount or percentage rate determines what the employer pays for the benefit. Enter a percentage as a decimal (5% = .05). Decimal/11,6 Use this field if the benefit amount/rate varies from employee to employee. However, if it is the same for most employees, you can use the table record to set the amount/rate and appropriate benefit method. You do not have to set the value for each employee’s Deduction record. Your entry depends on the Benefit Method identified in the Employer Tab#Deduction table. |
Maximum Benefit | The maximum cumulative amount that the employer can pay in the period identified in the Maximum Method field of the Deduction table record: year‑to‑date, inception‑to‑date, or fiscal‑to‑date. When this ceiling is reached, the benefit stops. For benefits that do not have a ceiling, enter zero. |
Encumbrances Remaining | The number of pay runs in a fiscal year that the benefit should be encumbered in the Fund Accounting System. For example, if it is the middle of a fiscal year and the benefit should be encumbered in each pay run, enter the number of pays remaining in the year. The system tracks the encumbrances and reduces this field by 1 with each pay run when the benefit is assessed. When the field reaches zero, the benefit will not be encumbered in subsequent pay runs in the current fiscal year. Keep in mind these additional conditions:
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Deduction Table
Benefit Method | Enter... |
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P - Table % | Percentage to override table percentage. |
A - Table Amount | The dollar amount to override the table amount. |
S - Record Amount | Dollar amount. |
R - Record % | Percentage. |