Maintaining cafeteria plan details
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Select the “Maintain Cafeteria Plan Details” page from the left pane.
The “Maintain Cafeteria Plan Details” page appears.
The system displays the following.
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Date format |
The date format applicable to the login user. Tell me more. |
Enter or select the following
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Benefits Definition Unit |
Select the organization unit in which you must define cafeteria plan details. The drop-down list box displays all the organization units where you have permission to define cafeteria plan details. Tell me more |
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Benefit Objects |
From the drop-down list box select the benefit object for which cafeteria details are to be defined. The drop-down list box displays three values namely, “Program”, “Plan Type”. “Plan”. By default the system will display with “Select”. |
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Benefit Object Description |
The system will display list of all the descriptions defined for the benefit object. For example, if “Program” is selected in the “Benefits Objects” drop-down list box, the system will display the list of all the benefit programs mapped to the selected benefits definition unit in the “Benefit Object Description” drop-down list box. From the drop-down list box select the Benefit object description (program/ plan type/ plan) for which cafeteria plans are to be specified. |
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Benefit Year |
From the drop-down list box select the benefit year for which the cafeteria details are to be specified. |
Select the “Get” pushbutton to get the details. The system will display the details if specified previously. Otherwise the system will display with a blank value.
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Amount/Credit |
Select “Amount” option to indicate that the cafeteria values are specified in terms of amount. By default the system will display with “Amount” |
To specify credit conversion rates
From the “Amount/Credit” drop-down list box select “Credit” option to indicate that the cafeteria values are specified in terms of credits.
Specify the following details in the credit conversion group box.
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Premium |
Enter the conversion factor for a credit if the employee utilizes these points for contributions in the plan. |
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Encashment |
Enter the conversion factor for a credit if the employee does not utilize them for enrolling in plan. |
To specify unutilized amount conversion
From the “Amount/Credit” drop-down list box select “Amount” option to indicate that the cafeteria values are specified in terms of amount.
You can specify the value directly in the corresponding “Employer Contributions” columns of the multiline.
You can also specify the unutilized amount conversion rate in the “Percentage Encashment” group box.
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Percentage Encashment |
Enter the percentage of the total amount that the employee can avail if he does not utilize them for enrolling in plan |
To specify cafeteria plan details – credits/amount
Enter the following details in the multiline.
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Priority |
A number to indicate the sequence in which the system will consider in computing the rated for employer or employee’s contribution. Example, 1, 2, 3,4. Entering the priority is applicable when you intend to enter more than one factor in determining rates for employer or employee’s contribution towards the premium amount. If you do not enter the priority, the system will take the sequence in which they are specified. |
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Age From |
The start of the range of the age for which the particular rate is applicable |
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Age To |
The maximum range of the age, beyond which the rate is not applicable |
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Service Month From |
The start of the range of the service month for which the particular rate is applicable. Service months are the number of months the employee has worked in the organization |
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Service Month To |
The maximum range of the service month, beyond which the rate is not applicable |
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Union Affiliation Code |
From the drop-down list box select the union code for which the rate table is applicable. The drop-down list box contains list all the union codes defined in HRMS general masters component and that interact with the Benefit General Masters component. |
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Coverage Level |
From the drop-down list box select the coverage category for which rate is applicable. The drop-down list box contains all the coverage categories defined in the "Create Family Coverage Category" activity. |
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Employer Contribution Non Smoker |
The amount contributed by the employer if the employee is non-smoker. |
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Employer Contribution Smoker |
The amount contributed by the employer if the employee is smoker. |
You can also specify a rule name in “Cafeteria Plan – Amount / Credit Rule” that determines the premium conversion rate either in terms of credit or amount.
Enter the comments, opinions, etc in the “Comments” field.
Select the “Save” pushbutton to save the details entered.
To delete a cafeteria plan record
Select the “Delete” pushbutton to delete the record from the database.
Use this page to maintain cafeteria details.
What you can carry out in this page
To specify credit conversion rates
To specify unutilized amount conversion
To specify cafeteria plan details – credits/amount
To delete a Cafeteria plan record