FAQ 502: Eligibility--Change eligibility rules but maintain entry dates |
Problem: I am putting a takeover plan into ASC for the first time for the 2007 plan year. Previously, the plan had a requirement for age 21. Effective 3/1/07 this changed to age 18. I coded the specs with age 21 to properly bring in the existing participants from 2006 and prior years with their correct entry dates. How do I update/change the specs to look at the other employees and bring them in without changing the previously calculated entry dates for prior participants? |
Solution: For Actives - change the status codes to C for those you do not wish to have the date of entry recalculated on. The system will not recalculate dates of entry for old terminees, or for current year terminees who already have their entry date populated. |