Benefits fast formula for Voluntary Critical Illness- Child Plan
Summary:
One fast formula which would only allow an employee to enroll their child into Voluntary Critical Illness – Child plan, if they themselves were enrolled at the employee level. In addition, child increments are at $5K with a maximum of $15K. The child election can be up to 50% of the value of the employee election.
The fast formula is not working as expected. Provided the fast formula below
Type = Postelection Edit
Effective As-of Date = 1/1/1951
Fast formula for Child:
DEFAULT FOR BEN_PIL_LF_EVT_OCRD_DT IS '4712/12/31 00:00:00' (DATE)
SUCCESSFUL='Y'
ERROR_MESSAGE = 'NA'
l_emp=0
l_child=0
l_emp_enrolled_1 = 'N'