Benefits Rates Proration
Summary:
The customer needs benefits premium proration. The employees are on semi monthly or monthly payroll. So if the employee is hired mid of payroll period or terminated mid of payroll period or if there is a change in premium mid of payroll period then we need to prorate the amount.
In order to configure the same, I
- Created a standard rate with flat monthly premium of 30/-.
- Selected the option "Prorate on day of month basis" option.
- Assigned life event to a semi monthly payroll employee on 15th July and processed the life event
Expected result: The employee should be charged
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