How to use element entry values within benefits rates in Compensation Calculation Fast formula

Summary:

Content (required):

I need element name and element value to be fetched in the fast formula. Wanted to confirm if the following FF is written right

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

23B (11.13.23.04.0)

Code Snippet (add any code snippets that support your topic, if applicable):

DEFAULT FOR CMP_ASSIGNMENT_SALARY_ANNUAL_AMOUNT IS 0

DEFAULT_DATA_VALUE for ELEMENT_ENTRY_BASE_ELEMENT_NAME IS 'N'

DEFAULT_DATA_VALUE for ELEMENT_ENTRY_VALUE is '0'

Default for CMP_ASSIGNMENT_SALARY_BASIS_ELEMENT_NAME is 'N'

l_eff_date    = get_context(EFFECTIVE_DATE,to_date('1951/01/01 0:00:00'))

l_person_id    = GET_CONTEXT(PERSON_ID,0)