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Flex Credits Fast Formula - Upper Rate Limit
Summary
Does somebody have an example of an Upper Rate Limit Fast Formula?Content
My Benefits Flex Credits Configuration is not limiting the amount of earnings an employee is receiving by their health benefits choices. I'm looking for a solution to limit what people receive as their credit earnings.
What is happening now is this:
Credit = $736.00 - Earnings element CONTRIB ER
Medical Cost = $601.53 - Pretax deduction element MEDICAL 6 EE
Medical Admin Fee = $1.38 - Pretax deduction element ADM FEE EE
The earnings need to be limited to the $602.91 ($601.52+$1.38).
Will an Upper Rate Limit FF solve this issue on the Flex Credit setup? If so, does somebody have an example I can review?
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