Benefit plan maximum coverage amount problem

Hello.
I guess I have a very simple problem, but I doesnu2019t get it running.
I have an Insurance benefit plan.
It only have one coverage rule with the following data:
Salary Factor: 0.6000
Rounding Rule: rounded up
Rounding div:  1000.00
Maximum amount: 90,000.00
So if someone have a Benefit Salary of 225,000.00, it shows a basic Coverage amount of 135,000.00 in Infotype 0168.
But I want a maximum Coverage amount of 90,000.00.
Why it ignored the maximum limit?
Any help would be very nice.
Regards.

Please close your thread if you solved your problem.

Similar Messages

  • How is the Basic Coverage amount calculated in IT0168 for Insurance plans?

    Hi All,
    I am in the process of configuring benefit plans for IT0168 -GB can anyone of you help me with the below?
    How is the basic coverage amount caluclated - can you please advise configuration for the same?
    Many thanks in advance.
    Regards,
    Anjali.

    1. Configure the Plan Type for the Insurance Plan.
    2. Configure the Insurance Plan
    3. Coverage Grouping ( if needed )  - Different coverage based on Employee IT0001 information / IT171 Grouping.
    4. Configure the Coverage Variant - If coverage varies by ( Parameter grouping ) Gender, Age, Smoker, Length of Service,
    5. Configure the Coverage where one specify the actual cost per unit of coverage ( example 0.25 cents per $ 1000 coverage ).
    Path for above items...
    Personnel Mgmt ---> Benefits ---> Plans -
    > Insurance Plans....

  • Benefit, Basic Coverage Amount

    Hi all.
    Iu2019m configuring the Infotype 0168 for group term life insurance.
    The basic coverage amount should be the employees annual salary.
    Can someone tell me, where I can configure this?
    I found a way to maintain a flat amount in view V_74FC_B, but I need the annual salary as basic coverage amount.
    Thanks for any input.
    Regards.

    Within this view, instead of keying in amount in 'Coverage Amount' (in 'Base Amount' window), you can configure 'Salary Factor' to 1.0, 'Rounding Rule' to either up or down.

  • Benefit Plan Enrollment requiring EOI, existing Benefit pan is delimited

    Hi Everyone,
    Here is the situation...
    When an employee changes his/her benefit plan and enrolls into a
    benefit plan requiring EOI, the existing benefit plan record is
    delimited, it puts an end date to the existing plan. We would like to keep the existing one active until the pending one get activated when we receive the EOI.
    Do you have any ideas?
    Thank you!

    @Andre
      Here is ONE way I have seen it done (a more elegant solution might be possible via User-exit/BAdI/workflow. Several moving parts here so bear with me....
    (1) Employee goes online and selects coverage that requires EOI. Say that the max without EOI is $250,000 and the max with EOI is $500,000.
    (2) On the screen that shows that coverage, verbiage is added to the effect of "The selection you made requires EOI. Your requested coverage will not be valid until EOI is provided and approved. However, during this transition, you will be covered up to the maximum of $250,00 until time that EOI has been approved."
    (3) Nightly, a batch process runs that looks for newly created records with the EOI flag empty (since the employee can not set this themselves, the record will show that it is still needed). At that time, the batch program performs the following...
    (4) In the background, the first is for the $500,000 coverage amount but is flagged "locked/inactive". A second record is created for the same dates but for the $250,000 coverage amount....therefore, the employee is in fact covered to the max w/o EOI.
    (5) Since there can now be a lag in time....Upon receipt of EOI and approval, an HR admin goes in and deletes the second "hold" record and remove the flag/lock on the original record.
    Make sense?

  • Benefits Configuration - Basic Coverage Amount Capping

    I am mostly familiar with the Benefits Configuration and currently have an issue with capping the Basic Coverage Amount.
    I have capped the Insurance Coverage amount in the field - V_74FC_B-MAXAM and this works correctly however I am struggling to cap the Basic Coverage Amount - does anyone know what I could try to achieve this?
    Many thanks,
    Danny Boy

    Hi,
    I am not sure if I got your query right. You wish to configure two limits (basic coverage amount and insurance coverage amount) in a single plan?. What you have configured in V_74FC_B-MAXAM, is the maximum allowed coverage in this insurance plan (It refers only to the base coverage for this plan. It does not refer to the additional coverage units).
    You would require separate plans if you wish to cap at different limits on the coverage amount.
    Hope this helps.
    regards
    Sharath

  • Benefit Plan Setup

    Hello Experts..
    We are setting up the core tables for Benefit and we approached client and received below requirements on all the benefit plans that they are going to provide. Looking at below list, our client seems really generous:
    1. Health -
    a) Medical/Visoin
    b) Dental
    c) Domestic partner medical/vision
    2. Life -
    a) Sup life 1x-5x
    b) Life AD/D
    c) Dependent life (Children)
    d) Spousal Life
    3. Disability -
    a) LTD
    4. Leave -
    a) Sick
    b) Vacation
    c) Personal
    d) Company Car
    5. Retirement -
    a) Retirement
    6. Pension
    a). Pension
    7. Vacation buy/sell
    a) Buy
    b) Sell
    Here is what we have done so far :-
    For 1a and 1c we have added customer plan types with code 1Z and 1Y respectively since the existing ones didn't look relevant. This plan means, vision coverage will come under medical coverage. but dental will be standalone.
    For 2a, we have added 5 plans as per the requirement 1x, 2x, 3x, 4x ,5x
    2c and 2d will be awarded only when employee takes supplemental life.
    for 5a, created a new plan type with more relevant meaning with code 5Y.
    Finally, Our questions are:
    1 - Have we set up these plans correctly? if you think there should be changes in this please share you thoughts
    2 - Can we combine 2c and 2d instead of keeping them separate because if employee takes any supp life then dependents can be covered, and dependents means if employee is married then spouse + 2 children but if single then both parents.
    3 - Why do we have the option "Self-Service Plan Description" only for 1x, 3x, 5x and 7x. does it means employee will have opportunity to elect in these plans only?
    What about supp life where there are 5 type of plans and if employee doesn't have above option then how will he/she decide which plan can he/she elect?
    4 - Why is it required to give vendor name for Leave and vacation buy/sell plan types? is it applicable for these two plan types? what does vendor have to do with Leaves?
    We are in the starting phase of setting up benefits so we really need your help continuously so please respond back with your valuable thoughts

    Yes, you are right create for each grouping create a separate age groupings. And define "Employee contribution variant"  check mark age  then assign the age groupings you create to Employee contribution rule.. Finally assign these variant to the savings plan..
    I hope this helps...let me know if you have any further question. Just try it out you will get it...

  • FSA Coverage Amount Not Displayed

    We recently moved to EhP6 (portal version 7.02), and I am testing Open Enrollment in the new ESS.  We have activated business function HCM_ESS_WDA_2.  I noticed that neither the "Benefits Summary" nor the "Review and Save" screen displays the FSA Coverage Amount.  For example, if the employee chooses $1300 for Health FSA plan, you can see the weekly pre-tax cost of $25, but you cannot see the $1300 unless you click on the plan name and view it in the pop-up box.  Seems that the coverage amount should be displayed out-of-the-box  Can anyone help?

    The ‘Coverage’ column is relevant for Health and insurance plans and not relevant for contribution type Plans like spending account Plans.
    Hence it will not make sense to display the Spending account contribution amount under ‘Coverage’ column.
    This is the reason why SAP display the cost per period under the ‘Pre-Tax costs’ column and the Annual contribution in the Plan details pop up screen.
    This information is not unavailable in the UI, but if you still want to see the annual contribution amount in the main screen, then you will need to modify the component configuration you are using for Review and Save.
    For example, if you are using the standard configuration itself, then you will need to modify the configuration ‘HRESS_CC_BEN_REV_N_SAVE’
    Apart from the columns that are already added for display, you could add the column ‘BEN_FSA_AMT’ in this configuration and then it will get displayed in the ‘Election Summary’ step and the ‘Review and Save’ step.
    Bottom line here is, SAP cannot provide this in the standard but you could get this by adding the field in the component configuration.

  • Benefit plan - rule issue

    Hello experts,
    We have an issue that I need your help with.  I am new to benefits so any help would be most appreciated.
    When an employee tries to enroll their spouse in the Spouse Life benefit plan, he/she cannot enroll them unless they themselves are in the Employee Life plan.  This is the way our plan is set up.
    We have noticed that on ESS the first time the employee goes into Open Enrollment do this, it will correctly prevent the spouse from being enrolled without the employee having it as well.  But if the employee logs off of ESS and then tries again, it will allow the spouse to be enrolled without the employee also being enrolled.  It seems as if the rule doesnu2019t u2018applyu2019 all the time.
    What are we missing?  Is this a plan set up issue or is this an ESS issue?
    Thanks,
    Suparna

    Hello,
    This question has been answered.  It apears that the rule worked one way but not the other so a rule had to be set up on the employee's plan as well.
    In other words, we allow employees to enroll their spouse in suuplemental life for the amount of 1/2 the employee's election.  In our case the system was allowing the spouse to be enrolled in equal to the amount or even without the employee being enrolled! 
    It turns out that the spouse plan had a rule about the 1/2 but the employee plan did not therefore there was no cross check happening in that direction.
    Thanks,
    Suparna

  • Reg: benefit plan-insurance info type

    hi ,
    when  i am trying with inbound  certain employee data  into sap, some insurance plans gets updated smoothly but some plans not uploaded. when i am working on this error its shows that it purely depend on benefit  salary on insurance coverage tab.
    my question  is  how they determine the benefit salary field of the employee.(certain plans its determined automatically for some plans not)
    regards
    muthuraman.d
    Edited by: muthuraman d on Apr 2, 2010 4:24 PM
    Edited by: muthuraman d on Apr 2, 2010 5:23 PM

    Hi Muthu,
    To answer your question.....how is Benefit Salary (BSAL) determined........
    A Benefit salary wage type BSAL is needed to calculate the annual salary of the employee for calculations required for Benefit Plans. For Coverage levels and salary groups for cost, contribution, credit and other Benefit calculations, BSAL is required.
    This BSAL is estimated by the configuration entries in ITs 0008, 0014, 0015 for the WTs specified in table T539J, for the module (e.g. ANSAL) which has to be assigned to the Benefit salary wage type BSAL in table T511.
    And to know as of which date the records are processed, check this definition:
    [http://help.sap.com/saphelp_46c/helpdata/en/35/28eb87e8aa5570e10000009b38f983/content.htm]
    Hope this helps !!!!
    Kumarpal Jain.

  • Benefit plan eligibility based on participation in another plan

    We need to control a spouse plan eligibility based on participation or enrollment in employee plan in the same program. Employee can enroll into both the plans at the same time but we need a check which would not allow employees to enroll into spousal plan without enrolling into employee plan. We have to maintain these plans separate as each have their own coverage amounts as these are optional life plans. If I use eligibility criteria then it is requiring employee to be enrolled into reuired plan even before the life event was processed. Need help in how to have the validation done during enrollment? Any help is greatly appreciated.
    Thanks much

    Hi,
    Refer Oracle FastFormula (FF) Reference Guide for Standard (OSB) and Advanced Benefits (OAB) (Doc ID 218059.1)
    Formula Type: Post Election
    This might help you.
    Regards,
    Aneesh N

  • So apparently Itunes is not compatible with Windows 8.  Are you planning on fixing this problem any time in the near future?

    So apparently Itunes is not compatible with Windows 8.  Are you planning on fixing this problem anytime in the near guture?

    Hey kriscro2,
    Thanks for the question. iTunes 11.1.4 is compatible with Windows 8, as outlined on the System Requirements page:
    Apple - iTunes - Download iTunes Now
    http://www.apple.com/itunes/download/
    If you are having issues installing iTunes on your Windows 8 computer, see this resource:
    Issues installing iTunes or QuickTime for Windows
    http://support.apple.com/kb/HT1926
    Thanks,
    Matt M.

  • Calculation of Coverage Amount

    Hi All,
    I am new to configuring benefits, can anyone of you guide me how to configure the calculation of the coverage amount if i want to calculate it based on a fraction of the annual salary.
    Also I would like to know where do we configure the assignment of wage types for displaying the Employee Cost Paid and the Employer Cost paid on the payslip.
    Many thanks in advance.
    Regards,
    Anjali.

    Hai..
    SM30, V_512W_D.. Give ur country..
    Then select ur basic pay wage type.. double click on it.. check processing class 1. Maintain specification 1.. for ur basic pay wage type only.. for rest of the wage types which u copied.. maintain processing class 1 specification 0..   Dont change Processing classes of standard entries..
    manu

  • Is there a maximum page amount for a PDF?

    We currently have files that are 13,000 pages and up. These files are ripping very slowly. Is there some way we can get the file size down for optimum time spent just waiting for printer?

    No maximum page amount that I've seen (and I've seen them way bigger than that.)
    As far as reducing the size that depends. If the files are all text (and not scans or image heavy), there's probably not a lot you can do.

  • Getting Dependents (IT 0021) of a Benefit Plan

    Hi All,
    I'm attempting to write a report that will display the name and type of a dependent of a particular EE's benefit plan.  I know the link is between DTY01/DID01 - DTY20/DID20 in the benefits table (EX. IT 0167) and The Subtype and OBJPS of IT 0021 (Family).  However, I can't figure out quite how to display the family information for the benefit plan.  I've done a flat data load in two ODS's .. one for IT0021 and one for IT0167.  I would think that an InfoSet would help with this solution, however, any advice would be helpful.  The issue is that an EE can have multiple dependents.  This is why there are 20 DTY and DID fields.
    I'm unable to use the standard BI cube for benefits.  This is why I've build custom data targets.
    Thanks in advance,
    Meezy

    Hi Meezy,
    This solution is not efficient as you have already thought. What I would suggest for the time being is that link the 2 ods only based on the employees. That way, you will have all the records visible for reporting. Eg: if you have 3 records in 167 and 2 records in 21 for an employee, you can see all the 5 records with all the 20 fields in each record. In the query, you can restrict the records by the required subtype. Now, you can compare objps with each of the 20 fields in the query using calculated kfs. Again, it is not a performance optimized solution.
    Thanks and Regards
    Subray Hegde

  • Error:maximum investment amount exceeded in area 51

    Hello,
    When I am reversing the retirement document in AB08 , I am getting the error as "maximum investment amount exceeded in area 51".
    I maintian the maximum amount for area 51 in customizing, but still there is error.
    Is there any other way to reverse the retirment document, either through ABSO or some manual entry.
    Please help.
    Regards,
    Tapan

    Hi,
    When defining the investment support measure (tr. ANVEST) you have to define a base area (usually 01 Book depreciation). SAP checks that the value of the investment support doesn't exceed the APC value of the base area. Even if the maximum amount defined in the investment support measure is very high (higher than an APC value of an asset). Defining a maximum percentage rate higher than 100% is not possible.
    I have the same issue. I want to be able to post investment support that is higher than the APC value. If anyone found a solution, please reply to this thread.
    Regards,
    Andre

Maybe you are looking for

  • Free Goods Determination

    Hello All,                Can any one please explain the process of Free Goods Determination with both exclusive/inclusive and the config settings . Thanks in advance Regards

  • WIP Subcontracting without Batch Management

    Hi Everyone, We are trying to set up a flow where one operation of the routing is subcontracted. Now, as we don't have any components that have to be sent to that subcontractor and also not yet a material to send (it's a not yet finished product that

  • Modify columns in list view - add annotations

    Hello! Does anyone know if we can add new columns to the list view of assets in the production window? My goal is to have a column that shows annotation information in the list view. Possible? Thanks!

  • Does file exist isn't work.

    I've been using this script to see if a file exists. The code works fine on everything but vbs files. I can put any other kind of file and it will find it, but a vbs file that I know is there it can't find. Anyone else have problems with this?       

  • ORA-00907 Missing right parenthesis? Buh?

    Alright, so I've got this bit of PL/SQL code.... <i><font face="verdana" size="-1" color="#005F4B">declare popname_first VARCHAR2(4000); popname_second VARCHAR2(4000); poppage_first VARCHAR2(16); poppage_second VARCHAR2(16); begin select rname into p