Value **** for field AssignmentName exceeds the maximum length allowed - Total Comp Item FF

Summary: If an employee has an assignment name longer than about 40 characters my Total Compensation Item Fast Formula throws and error. It works for people with Assignment name < 40 or if I hard code a date to in the past. Has anyone encountered this using Total Comp Item Fast Formula?

Note I did raise an SR on this SR 3-28991574121. However, I really would like this solved sooner rather than later, so posting here as well.

Content (required):

Version (include the version you are using, if applicable):

Code Snippet (add any code snippets that support your topic, if applicable): This may be the culprit, but not sure (line in Total Comp Item fast formula)