How do you configure the link between the payroll module and benefits?

• A.Link the payroll to the plan coverage.
• B.Link the element to the plan rate.
• C.Link the element to the plan coverage.
• D.Link the payroll to the plan salary basis.

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Which is NOT a derivedfactor type?

• A.Hours Worked
• B.Full-Time Equivalent
• C.Compensation
• D.Grade

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This is the configuration of a collapsing life event rule:
Life event =Marriage & Dependent
Operator = AND
Resulting Event Name = Dependent
Life Event Occurred Date = Earliest Life Event Occurred Date
Proximity Days = 0
You run the collapsing rule in the scenario:
1. Marriage event occurs on August 1, 2015.
2. Dependent event occurs on August 1, 2015.
What is the result?

• A.The collapsing rule voids the Marriage event, evaluates the Dependent event, and assigns Its occurred date to August 1, ?015.
• B.The collapsing rule voids the Dependent event, evaluates the Marriage event, and assigns Its occurred date to August 1. 2015.
• C.The collapsing rule runs the Dependent event, evaluates the Marriage event,and assigns its occurred date to August 1, 2015.
• D.The collapsing rule runs the Marriage event, evaluates the Dependent event, and assigns its occurred date to August 1, 2015.

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Which statement about Waive options is true?

• A.Waive options are used when employeesdo not get an enrollment opportunity because they do not qualify for the required eligibility criteria.
• B.Waive options are options into which employees ate compulsorily enrolled in case they do not complete the requited action items like certification, entering date of birth, etc.
• C.Waive options are used so that employees can explicitly decline enrollment opportunities for which they are otherwise eligible.
• D.Waive options are options which do not require any dependent/beneficiary designation.

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You are a benefits consultant implementing for a company that offers a life Insurance plan for employees with only one option -Employee Plus Family. The rate for this option is dependent on various factor5 like age/smoking status/gender:

A female employee in the under 40 age group, who is a smoker, wants to purchase $100,000 of life insurance.
The plan would be 2.1 (100,000 * 0.21/1000), considering 5100,000 is the coverage she opts for. The calculation is -> {Coverage* [{Rate applied as per gender/smoking status/ aqe)/1000l).
How can you configure a rate for the company's plan?

• A.Configure a fast formula calling this table. Configure a secondary standard rate with the calculation method as Formula. Then create another standard rate with type and the calculation method aS Multiple of Parent.
• B.Configure a primary rate with the calculation method as Multiple of Coverage.
• C.Configure an eligibility profile with age-derived factors. Attach it to the plan. Then create a standard fate with the calculation method as Multiple of Coverage.
• D.Configure a secondary rate with the calculation method as Multiple of Coverage.

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