Advanced Benefits - PSFT (MOSC)

MOSC Banner

Triggering EOI When Currently Enrolled, Due to Increased Salary

Hi there!

We're on PeopleSoft 9.2, image 52.

I've tried searching for this scenario in the community and on the Oracle support site, but so far, I haven't come across this one yet. When an employee enrolled in employe supp life in 2022 (4x salary), they fell under the GI amount, requiring no EOI. This year during OE their increased salary will cause them to go over the GI amount of $500,000. When I test their OE event and make no changes to their supp life election, it allows them to continue enrollment where their coverage amount calculates to $504,000 with no EOI required.

How is this scenario managed, where someone currently enrolled has a salary increase that causes their enrollment to go above the GI amount? In a perfect world their coverage should not exceed $500,000 until EOI is approved. Is PS smart enough to see they don't meet EOI criteria and cap their coverage at 500k? Is this something we get to manually manage? (find out who meets this criteria, park them in a 500k plan until they provide EOI and then put them back in to their original supp life plan)?

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

New to My Oracle Support Community? Visit our Welcome Center

MOSC Help Center