Running the Savings Plan Escalation

This topic discusses how to run the savings plan escalation process and to review the escalation results.

This section describes the pages used to run the savings plan escalation process and review the auto escalation results.

Page Name

Definition Name

Usage

Run Savings Plan Escalation Page

BN_SAVPLN_AT_ESC

Run the auto escalation process for the employee’s savings plan contributions.

Savings Plan Auto Escalation Report Page

BNE_SAVPLN_AE_R_PG

View auto escalation preview, and confirmation reports.

Use the Run Savings Plan Escalation page (BN_SAVPLN_AT_ESC) to run the auto escalation process for the employee’s savings plan contributions.

Navigation:

  • Benefits > Savings Plan Auto Escalation > Run Savings Plan Escalation

  • Workforce Administrator > Manage Benefits > Benefits WorkCenter > Links > Enrollment Administration > Run Savings Plan Escalation

This example illustrates the fields and controls on the Run Savings Plan Escalation page.

Run Savings Plan Escalation page

Field or Control

Description

Year

Enter the year for which the employee's contributions to the savings plan need to be escalated. The lookup for Year displays the previous year, current year and the next year. The Plan Year Begin Date is calculated based on the Year, along with the Plan Year Starts On Month and Day provided in the Savings Plan Table page for the savings plan. See Auto Enroll and Escalate Page.

Benefit Program

Enter the benefit program which has the savings plan to be processed.

Note: If the field is kept blank, the Plan Details grid displays all the savings plans for which auto escalation is turned on.

Process Action

Select the action to determine how to process the escalation for the savings plan. Available values are:

  • Escalation only: Select to escalate the eligible employees and not send notifications to the employees.

  • Escalation with notifications: Select to escalate the eligible employees and send notifications to the employees.

  • Notifications only: Select to send notifications to employees whose contributions are escalated.

  • Preview Report: Select to generate a preview report for the eligible employees. The gives an initial report on the data that will be populated in the savings plan table for the employees when the escalation is run.

Note: Use the Notification Composer to configure the notifications. See Creating and Managing Notifications with Notification Composer.

Plan Details grid

Displays the details of all savings plans that has auto escalation enabled. The Plan Year Begin Date is calculated based on the Year, along with the Plan Year Starts On Month and Day provided in the Savings Plan Table page for the savings plan. See Auto Enroll and Escalate Page.

All Auto-Escalation Plans

Select to list all the savings plans that are eligible for auto escalation for the selected Year and Benefit Program. Uncheck this option to edit the Plan Details grid and run the process for a subset of the listed savings plans.

Notification Details grid

Use the Notification Details grid to determine the employees to whom notifications are sent after the escalation. The employees are notified using In-App alert and email. Use the Notification Composer to configure the notifications. See Creating and Managing Notifications with Notification Composer.

Notify All Employees

Select to notify all the employees who have their contributions escalated in the run.

Empl ID and Benefit Record Number

Enter the Employee ID and Benefit Record Number of employees who are to be notified on the auto escalation.

Run

Select to run the auto escalation based on the selected Process Action. Once the process is run, an escalation report is generated and the administrator can view the report using the Savings Plan Auto Escalation Report Page.

Note: A report is generated for all options of Process Action except Notifications only.

Use the Savings Plan Auto Escalation Report page (BNE_SAVPLN_AE_R_PG) to view the auto escalation preview and confirmation reports.

Navigation:

  • Benefits > Savings Plan Auto Escal Report > Savings Plan Escalation Report

  • Workforce Administrator > Manage Benefits > Benefits WorkCenter > Links > Enrollment Administration > Savings Plan Escalation Report

The Savings Plan Auto Escalation Report page allows the benefits administrator to view the auto escalation preview, and confirmation reports. Select the Report Type in the search page to view the reports. Select Preview to view the auto escalation preview reports and Confirmation to view the auto escalation confirmation reports.

This example illustrates the fields on the Savings Plan Auto Escalation Report page for a Preview Report.

Savings Plan Auto Escalation Preview Report

This example illustrates the fields on the Savings Plan Auto Escalation Report page for a Confirmation Report.

Savings Plan Auto Escalation Confirmation Report

Field or Control

Description

Escalation Details

Displays the employee and benefit plan details, along with auto enrollment and auto escalation details, the employee contribution before and after escalation. For preview report, the grid displays the details before the auto escalation process is run. For confirmation report, the grid displays the details after the auto escalation process is run.