Group Term Life Insurance-PDBA Set UP
Hello,
We currently use E-1 version 9.1 and I was just made aware that our Group Term Life Insurance Excess isn't calculating correct. We have this set up as PDBA 1600 is our Life Insurance Premium and PDBA 1601 is the Life Insurance Excess. It all is calculating perfect with the exception of he fact we have a maximum amount of $255,000 (less the 50,000). and our PDBA is imputing the tax on 2 X's the salary with no cap (entire amount).
I'm not sure how to set a maximum limit up. Any suggestions?
I placed a SR in for this and was advised that I might be able to use the Life Insurance Salary Field and Calculation Table Methods, has anyone done this, if so, how?