Total Cost when the cost is a percentage value
Summary:
When an employee enrolls into a Retirement Savings Plan and elects to contribute a certain percentage, system is not calculating the flat dollar amount equivalent of the elected percentage.
This is causing confusion to the employees as the Total Cost in the confirmation page is not reflecting the correct contribution amounts. For as long as I remember, this has been an issue, but, wondering how others addressed this.
Content (required):
When an employee enrolls into a Retirement Savings Plan and elects to contribute a certain percentage, system is not calculating the flat dollar amount equivalent of the elected percentage.
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