To define an option:You use the Options window to date effectively define, maintain, and delete options.
To define an option:Enter a unique Name for the option you are defining starting with a letter of the alphabet (not a number or symbol).
Enter a Short Name if you also refer to this option by an abbreviation.
Enter a Short Code if you also refer to this option by a code.
You can extract data for a compensation object based on its Short Name or Short Code.
Check the Waive Option field if a person's election of this option represents the waiver of coverage.
If this option is for a Compensation Workbench plan, select a Salary Component if you want to link the option to a salary component.
At the end of a salary review cycle, a system administrator runs the Compensation Workbench Post Process to update salary components with the new values stored by the compensation components.
In the Required Period of Enrollment block:
Enter a Value that represents the length of time in which a person must be enrolled in this option.
Select the unit of measure of this value in the UOM field.
Select a rule if you use a formula to determine the required period of enrollment for this option.
Select one or more plan types you are associating with this option to indicate that plans of this plan type may provide this option.
The option type displays in the Option Usage field to indicate the benefits category for this option.
Save your work.
You use the Designation Requirements window to limit the personal relationship types that are covered by an option.
If you do not define designation requirements for an option, a participant can designate a person of any relationship type as the designee for an option.
You can only have one designation profile per option, even if you associate the option with more than one plan.
Note: Regardless of the designation requirements you define, you must check the Personal Relationship field in the Contacts window in order for a contact to display in a participant's list of eligible dependents.
To define designation requirements for an option:Enter or query an option in the Options window and choose the Designation Requirements button.
Select a Group Relationship for which you are defining designation requirements.
Specify if this designation requirement applies to dependents or beneficiaries in the Type field.
Enter the minimum and maximum number of designees that can be covered under this option or indicate that there is no minimum or maximum number of designees by checking the appropriate field.
Note: Select a Group Relationship type of No Designees and enter the maximum number of designees as zero for an employee only coverage option.
Check the Cover All Eligible field if there is no minimum or maximum number of designees for this option and you want to provide coverage to all designees who meet your eligibility criteria.
Select one or more Relationship Types to include with this group relationship.
Save your work.