benefit contribution rate both percent and flat amt

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Jenny Rodriguez
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benefit contribution set up when employee pays both percent of salary and flat amount

Just wondering if this is possible and if anyone can help with the setup.

 

Karen Ploof
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Hi Jenny,

I'm not sure I understand. Can you provide an example or two that would help me understand how an employee's contribution would be calculated to include both a % and an amount?

Thanks, Karen
Jenny Rodriguez
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Hi Karen,

the following is our calculation for contributions

Employee only = 1.5% of the employee's salary
Employee + dependent = 1.5% salary + $27.41
Employee + family = 1.5% salary + $54.81

Karen Ploof
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I am pretty sure it can't be done unless you use the "Custom Calculation" option on BN18.
Jenny Rodriguez
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Thank you. I will look into using Custom Calculations.