To define a benefits plan:You use the Plans window to date effectively define the plans that you offer to employees and other eligible participants.
To define a benefits plan:Set the effective date to the date on which you want to create the plan.
Note: You must create the plan with an effective date on or before the first day of the enrollment period in which it will be used.
Enter the Name of this plan starting with a letter of the alphabet (not a number or symbol).
Note: By setting the profile option BEN: Compensation Objects Display Name Basis in the System Profile Values window, you can choose whether compensation object names display in application windows (both in the professional and Self-Service user interfaces) based on the life event occurred on date or the user's session date. The default option value is Session.
Select the plan Status.
Pending: No participants are actively enrolled in this plan, but could be in the future if you change its status to Active. Eligibility processes operate on this plan in "evaluate-only" mode, but do not create active records. Select the Pending status when setting up a plan that possibly may not become Active.
Active: Eligible persons currently may be enrolled in this plan.
Inactive: Current participants may remain in this plan, but no new participants may enroll in this plan.
Closed: No participants are enrolled in this plan, nor will any enroll in the future (unless you reactivate the plan).
Enter a Short Name if you also refer to this plan by an abbreviation.
Enter a Short Code if you also refer to this plan by a code.
You can extract data for a compensation object based on its Short Name or Short Code.
Select the plan type for which you are defining a plan in the Type field.
For Advanced Benefits users, enter the alphanumeric identifier in the IVR field that participants use to identify this plan using interactive voice response or telephony technology.
Choose the Inception Date to specify the calendar date on which you first introduced this plan.
Select if this plan must be in a program or may not be in a program in the Plan Usage field.
Note: If you include this plan in a program, benefits eligibility is determined when eligibility is determined for the program. If you do not want to determine participant eligibility for this plan during a specific time period, you can link a required dummy eligibility profile to the plan (for example, a benefits group containing no people) so that no persons are found eligible for the plan.
Choose the General tabbed region.
Check the Savings Plan field if you are defining a savings plan.
Enter the COBRA Payment Day that corresponds to the day of the month on which COBRA payments are due for this plan.
For example, 1 refers to the first day of each month.
Select the Primary Funding Method to specify the source of funds for this plan.
Self Insured: You self-insure to fund this plan.
Trust: A financial institution such as a bank maintains a trust to fund this plan.
Split: You self-insure as well as use a trust to fund this plan.
Fully Insured: You set up an annuity to fund this plan.
Select a Health Service code to describe the type of health service this plan provides.
Select the participant type whose coverage is subject to imputed income taxation in the Subject to Imputed Income field. Choose either participant, dependent, or spouse.
Enter a URL in the Web Address field to create a hypertext link from this plan name on an Oracle Self-Service Human Resources benefits enrollment web page to a URL containing information about this plan. This URL can reside on an intranet or the World Wide Web.
Select a Family Member Code or rule to indicate the kind of family members that must be recorded in a participant's contact record in order for the participant to be eligible for this plan.
Save your work.
Defining a Plan to Determine Eligibility for a Self-Service Action:You can use Compensation and Benefits functionality as a generic engine to determine eligibility for self-service actions. You define a plan to represent a sub action, such as Promotion (Sales) or Promotion (Italy). After defining a plan type with the option type Personnel Action, use the Plans window to define a sub action and link it to a form function. When users choose the function from a menu, the application calculates each person's eligibility for the action.
See: Set Up Eligibility Processing
See: Overview of Self-Service Actions
On the Miscellaneous tab, in the Personnel Action Function Name field, select the name of the form function from the LOV.
Make sure to activate the Plan Years Not Applicable check box. Plan years do not apply to self-service actions, and this step eliminates needless processing.