Date format

The date format of the previous page.

Benefits Enrollment Unit

The benefits enrollment unit selected in the previous page.

Employee

The code and name of the employee.

SSN

The social security number of the employee

Plan Code

The unique code that identifies an employee

Plan

The description of the plan.

Plan Category

The category to which the plan is mapped. 

Plan Type

The description of the plan type.

Premium Frequency

The number of times the premium is to be paid.

Currency

The currency in which the premium is paid.

Event

The event selected in the previous page.

Coverage Level

The coverage level option selected at the time of enrollment.

Coverage From Date

The date from which the employee is covered in the plan. 

Coverage To Date

The date until which the employee is covered in the plan. 

Minimum Amount

The minimum contribution that the employee has to pay for continuing under the benefit plan.

Incremental Steps

The percentage increase in the amount of contribution.

Coverage

The value to be covered under the plan.

Employee (Minimum)

The minimum contribution that the employee has to pay for continuing under the benefit plan.

Employee (Maximum)

The maximum contribution that the employee can contribute to continue the benefit plan.

Employer (Minimum)

The minimum contribution to be paid by the employer under the plan.

Employer (Maximum)

The maximum contribution to be paid by the employer under the plan

Maximum Matching Contribution in %

The maximum percentage of matching contribution paid by the employer pertaining to the employee’s contribution.

For example, employee’s min contribution is 10% and max is 30 % and the employee contributes 30% of the his salary

Employer’s minimum contribution is 10% and maximum contribution is 20%

Case 1: If the matching contribution is specified as 50%, it indicates that the employer will contribute 50% of 30 % i.e. 15% of the employee’s salary

Case 2: If maximum matching contribution is specified as 80% it indicates that the employer will contribute 80% of 30 % i.e., 24 %. But since his maximum is restricted to 20 % the employee contributes only 20% of the employee’s salary

Case3: If the matching contribution is specified as 20%, it indicates that the employer will contribute 20% of 30 % i.e. 6%. But since his minimum contribution is restricted to 10% the employee contributes 10% of the employee’s salary.

Maximum Dollar Amount for a Year

The maximum amount that the employer can contribute under the plan for a year. 

Employee Contribution (%)

The percentage of salary that the employee agrees to pay for enrolling under the plan.

Remarks

The remarks entered by the employee at the time of enrolling in the plan.