| System Number: |
CPS3326
|
| User Access Name: |
EXECLFAMT
|
| Name: |
LIFE INSURANCE SALARY BASE-EXECUTIVE
|
| Type: |
NUMERIC
|
| Length: |
3
|
| Format:
|
nnn
|
| General Description:
|
An estimated annual salary figure, based on a full-time rate of compensation, used in the computation of executive life insurance
premiums. This amount is expressed in thousands of dollars rounded up to the next highest thousand, e.g., $18,750 becomes '019'.
|
| Code Interpretation:
|
N/A
|
| Comments:
|
The Life Insurance Salary Base-Executive is adjusted each January. The salary base is zero for employees who are not eligible for executive life insurance; however, a salary base will be stored for employees who have elected to opt out of executive life insurance coverage. |
| Revision Date: |
PUBL.
10/27/89
|