NJ Health Benefits Reform Under Chapter 78, P.L. 2011 Creates Complexity & Challenges.
Primepoint Offers a Simple Solution!
Any organization that employs public workers is faced with a complex set of rules to calculate health benefit payroll deductions. Primepoint's Payroll Management System offers a simple solution. Just follow the three steps below.
The system uses benefits deduction rate tables in the background to automatically calculate the correct deduction amount based on the entries shown on these three system screens and the employee's hire date.
In addition, the system totals all health benefit deductions to determine if the sum is greater or less than 1.5% of pensionable wages. If the sum is less, the system automatically calculates the additional amount required and makes the appropriate deduction.