Reduction in Coverage Amount Due to Age Change to 70 Years

When the employee reaches the age of 70 years, the supplemental insurance coverage amount for both the employee and spouse should be reduced to 50%.

Followed the below which provided by Oracle ,But still not seeing expected results

• Create Derived Factors: Set up derived factors that capture the age threshold of 70 to trigger the reduction.
• Configure Eligibility Profiles: Modify or create eligibility profiles to include the age-derived factor for age 70, ensuring eligibility criteria reflect the reduction.
• Set Up Variable Coverage Profiles: In Plan Configuration, define variable coverage profiles that apply a 50% reduction in coverage at age 70.
• Link Life Events and Eligibility Profiles: