Benefits Setup

BEN-11460

Added the ability to prorate the annual flex credit amounts for employees when they enroll in benefits mid-year. To support this functionality, the Proration section was added to flex credit plans in Benefits Setup > Flex Credit Setup > Flex Credit Plans. In this section, you can set the proration method that applies to all of the tiers and flex credit amounts defined for the flex credit plan. You can set the following proration methods:

*Methods to prorate flex credit amounts*
Proration Method	Description
None	Proration doesn’t apply to the employee’s annual flex credit amount.
Remaining Months in Plan Year	Prorates the employee’s annual flex credit amount based on full calendar months between the start date of the benefit election and the end date of the plan year.
Remaining Pay Periods in Plan Year	Prorates the employee’s annual flex credit amount based on the number of effective pay periods between the start date of the benefit election and the end date of the plan year.
Fixed Date Intervals (Specific Year) Relative Date Intervals (No Year Specified)	Prorates the employee’s annual flex credit amount based on the start date of the benefit election. If the election start date falls within a period defined for the proration method, Dayforce prorates the amount according to the specified percentage. If the election start date falls outside the defined periods, Dayforce doesn’t prorate the flex credit amount.

See Flex Credit Plans in the Benefits Administration Guide.