Example: Create an Earning for Imputed Income from Group Term Life (USA)

Administrator Guide

As the second step in calculating imputed income from Group Term Life (GTL), create an earning for the employer contribution to the plan.

Have a pay components group named Benefits During Leave
for non-active workers.

Create a GTL insurance plan based on rates defined in the Workday benefit plan rate tables.

Security: Set Up: Payroll (Calculations - Payroll Specific)
domain in the Core Payroll functional area.

Access the

Create Earning

task.

Enter these settings:

Option	Description
Name	Imputed Income - GTL
Code	GTL-IMP

Enter these settings on the

Effective Dated

tab:

Option	Description
Effective Date	Current date
Run Category Eligibility	Regular
Worker Eligibility	Row 1: Base Pay > 0 Benefits: Imputed Income for GTL (Employee) Exists Pay Component: Not Previously Paid in Period Processing Primary Job Row 2 Payroll Input Exists for Pay Component Processing Primary Job
Calculation	Benefits: Imputed Income for GTL (Employee)

Enter these settings on the

Non-Effective Dated

tab:

Option	Description
Groups	Benefits During Leave Federal Taxable (Do Not Withhold Taxes [USA] FICA Taxable [USA] Local Withholding Taxable (Do Not Withhold Taxes) [USA] Local Withholding Taxable Employer (Do Not Withhold Taxes) [USA] Non Cash Taxable Benefits State Withholding Taxable (Do Not Withhold Taxes) [USA]
Benefit Plans	Select the GTL (Employee) plan.