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Rate issue for LSA plan type

edited Sep 5, 2020 12:10AM in Benefits 1 comment

Summary

Rate Issue for LSA plan type

Content

Hello Experts,

I need some advise on benefit plan setup. We have a LSA plan setup for Canada. We processed a admin life event to set the rate for all existing employees to 100$ . Effective July 1, 2019, the rate will be decided based on when an employee joined the company. We have set up variable coverage profile accordingly. We found that even for existing employees, whenever a life event happens (like gain dependent or salary change), system is recalculating the rate for existing employees as well. We don't want that. We dont want the rate to change. Upon further investigation,

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