4) A person has just retired from being an active employee, or a working retiree. How is this handled?
The month an employee retires; the individual will be charged insurance premiums for the current month as an employee and billed for the coming month as a retiree. In order to do automated bills, the Benefit Maintenance Screen (106) must be changed prior to BILL0008 running to reflect any changes in insurance coverage and premiums due to retirement. However, Screen 106 must not be changed before the person’s last paycalc has been run. In cases where the last paycalc falls after BILL0008 is run, the procedure to follow is: Wait until the last paycalc has been run; change Screen 106; and request a new invoice for the coming month using the Bill Request Screen (641). Then a bill will be printed by BILL0004 – mid month Bill processing. Two examples: Assume that the employee retiring is paid monthly. 1. If the automated bills (BILL0008) are run before the monthly paycalc, so Screen 106 cannot be changed prior to BILL0008, a new invoice for the coming month should be requested using Screen 641. The requested bill will be printed by BILL0004. 2. During a month that has the last paycalc before BILL0008, Screen 106 can be changed the day after paycalc has run. Then the automated bills will be created by BILL0008, so there will be no need to request a bill.
This page was last updated on 06/11/2010 17:09:34