Reevaluation of eligibility through derived factor
Summary: We have a requirement of restricting the pension additional voluntary contribution based on age band of the employee & default contribution is 0%.
There are two options created :
First option is visible for employees within an age band of 30-39 years
Second option is visible for employees within an age band of 40-49 years
Derived factors has been created & has been attached to eligibility profiles accordingly.
scenario : An employee of age 39 makes a contribution of 4%. Now, when the employee turns 40 the contribution by itself is getting defaulted to 0%. However, the previous enrollment should be carry forwarded.
Content (please ensure you mask any confidential information):