Human Resources People Management

CHAPTER 17 BENEFIT ENROLLMENT

retirement plans program. She puts 40 percent of her contribution into
Fund A, and 20 percent into each of the other three funds for a total of 100
percent.

To enroll an employee in a retirement plan:

1. Open the Retirement Plans Enrollment window.
   (Cards >> Human Resources >> Employee-Benefits >> Retirement
   Plans)


2. Enter or select an employee ID and a retirement plan.


3. Select a benefit status.


4. Enter the beginning date and the ending date for the retirement plan. If
   it’s a continuous plan, leave the ending field blank.


5. Enter the employee’s contributions to the retirement plan by marking
   Use Dollars or Use Percents and entering the applicable amounts in the
   Pre-Tax field, the After-Tax field, and the Bonus field.

If the employee meets certain IRS guidelines and is a “highly

compensated” employee, mark Highly Compensated. For more

information about “highly compensated” employees, refer to the

Internal Revenue Code guidelines.