You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register

Global Transfer - do not carry over FSA which allow overage in maximum contributions

Question
2
Views
0
Comments

Summary:

Client has implemented Oracle Fusion Benefits, HR and Payroll.

We are encountering an issue with Global Transfers for employees enrolled in FSA plans - their contribution amounts (balances) are not transferred to new Legal Employer. This is causing a huge issue. When Life Event is evaluated - recalculation is performed and the new payroll element deduction exceed to previous communicated amount which causes overage in annual contribution i.e.: annually $5,000 - communicated amount $208.33. Life event evaluated after Global Transfer is performed - payroll element deduction increased to $461 annual contribution $5,365 ($365 over).

Release 21D was suppose to address Global Transfer issues - not able to identify the resolution.

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!