Payroll for NA / Time and Labor - PSFT (MOSC)

MOSC Banner

FEGLI and imputed income

in Payroll for NA / Time and Labor - PSFT (MOSC) 2 commentsAnswered

FEGLI Basic Life coverage is equal to employee salary, rounded up to next $1,000 + $2,000. The employee pays for 2/3 of this coverage while the the Federal Govt (employer) pays for 1/3.

If a federal employee salary is over $150,000 per year, the employee pays premiums based on 2/3. But shouldn't there be imputed income for employee on for the portion the government pays over $50,000 (the imputed income threshold)?

How are other Federal Agencies handling this?

Howdy, Stranger!

Log In

To view full details, sign in to My Oracle Support Community.

Register

Don't have a My Oracle Support Community account? Click here to get started.

Category Leaderboard

Top contributors this month

PSFT NA Payroll Tags

Instructions for posting

×

1. Select a discussion category from the picklist.


2. Enter a title that clearly identifies the subject of your question.


3. In the body, insert detailed information, including Oracle product and version.


Please abide by the Oracle Community guidelines and refrain from posting any customer or personally identifiable information (PI/CI).


Cloud / Fusion customers - Our Cloud community has moved! Please go to Cloud Customer Connect .


New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center