Hello BEN Experts,
I am looking for inputs on a requirement -
Our current rate setup(for all life events) is set as below –
- Rate start date – Enrollment Start
- Rate End Date – 1 Prior
Benefits elements are configured without proration and Payroll expects us to have the element active until pay period end date for the deductions to come off. This works fine for the most part, and I could extend the rate until end of Pay period for termination too.
However, there could be scenarios where employees drop/opt-out of plans mid pay period. In such cases the deduction still have to come off from payroll, but because the rate is not active until end of Pay period, payroll does not take any deductions.