Life Age Reduction on benefits plans

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Colleen Bertagnolli
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    For our optional life we have an age based coverage reduction.  The reduction calculates on the Current date (employee's DOB).  Benefits would like to have the premium amount change at the begining of the following year (01/01) instead of the time of the coverage reduction..  Is there a way  to do that?

     

    Thanks in Advance for your input!

     

     

    Ragu Raghavan
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    Posts: 469
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      If you cannot find a way of doing that using the set-up screens, you can flag the coverage amount/premiums as X (custom calc) and have somebody code some custom logic
      Kristie Starzyk
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      Posts: 76
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        We have ours set-up like that both when we had S3 and now in GHR.  On the BN15 for that optional life benefit plan, you'll click on Contrib at the bottom, then inquire on the Employee Group.  Once you have a valid/current one, click Criteria at the bottom.  Here is a screen shot of what ours set-up looked like on that screen in S3.  Under the Age section is where you can put the age "as of 1/1".

         

        Hope that helps!

        Colleen Bertagnolli
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        Posts: 57
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          Thank you Kristie!  It worked!

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