27 pay periods in 2018 - Benefits impact if 26 cycles setup

Unknown

Just curious if Anyone will have 27 pay periods in 2018. We are looking at our Benefits setup with a frequency table = 26 bi-weekly cycles (i.e. RS & DC plans). If we want to take the deduction in all pay periods, we may have to create a new frequency table with 27 cycles for 2018 and then change it back to 26 for 2019. This is the first time we have this issue since we implemented Lawson in 2008. Based on our payroll cycle, we have this issue every 10 years.

Thanks!

 

Unknown

We had that situation in 2016 and chose to have the 27th pay period be a deduction free for insurance and RS & DC plans rather than setting up a new frequency table. It was a big hit for our employees.

sriman-shivakoti

https://community.infor.com/discussion/comment/19555#Comment_19555

That is what we do as well. I believe we still added a new freq table to the employees for the "forgiven pay", ran a BN104 to update cycles on deductions. After that pay , we put the cycle table back and reran the BN104. It sounds more complicated than it is. If we had divided by 27 for one year, employees would have thought their benefit costs were reduced because the per pay would have been less but forgotten the next year when the per pay jumped back and included any cost increases.

Unknown

https://community.infor.com/discussion/comment/19555#Comment_19555

how did you stop the benefit deductions for the last pay period?

linda-telles

https://community.infor.com/discussion/comment/52789#Comment_52789

We had this happen last year and we ran our payroll out of the 6th cycle which is one we never use.  Any benefits like 403b etc that needed to come out we uploaded the 6th cycle to that deduction.