Benefits Boost Quiz

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Otis Benefits

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Manuela Martinez

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Benefits Boost QuizVersión en línea Otis Benefits por Manuela Martinez 1 What is the amount covered by the company for Taxable Education? a 4,250 b 5,250 c 6,200 d 7,250 2 Which memo code replaces DFU after the 70k limit is met a SRP b DNO c DNP d CRC 3 If an employee wants, HE/SHE can have 401k and Roth contributions of 6% each a TRUE b FALSE 4 How often is the taxable education process done? a Monthly b Weekly c Semi-monthly d Bi-Weekly 5 Which earnings code do we use to adjust the taxable education amount? a 52 b 42 c 15 d 30 6 If an employee is 60 years old, his Catch-up limit is? a 11,150 b 7,500 c 12,600 d 11,250 7 In the deduction in arrears process, what RFL means? a Record of Finalized leave b Request for Labor c Return from leave d Report of Functional levels 8 If an employee earns $2,500 and has a 401k of 5%, how much would be the ER Match? a $80 b $62 c $75 d $125 9 What should we do if after comparing the two systems (EV5 & TBA) an employee is underpaid? a Add them to the DIA report b Nothing c Refund them via a PDE entry d Add them to the LOA report 10 Which Union locals are handled by benefits team? a Local 00000 and 0001 b None c All locals d Locals 0001 and 0002 11 401k Roth appears as after-tax contribution on EV5 a FALSE b TRUE

Benefits Boost QuizVersión en línea

Otis Benefits

por Manuela Martinez

What is the amount covered by the company for Taxable Education?

4,250

5,250

6,200

7,250

Which memo code replaces DFU after the 70k limit is met

SRP

DNO

DNP

CRC

If an employee wants, HE/SHE can have 401k and Roth contributions of 6% each

TRUE

FALSE

How often is the taxable education process done?

Monthly

Weekly

Semi-monthly

Bi-Weekly

Which earnings code do we use to adjust the taxable education amount?

If an employee is 60 years old, his Catch-up limit is?

11,150

7,500

12,600

11,250

In the deduction in arrears process, what RFL means?

Record of Finalized leave

Request for Labor

Return from leave

Report of Functional levels

If an employee earns $2,500 and has a 401k of 5%, how much would be the ER Match?

$80

$62

$75

$125

What should we do if after comparing the two systems (EV5 & TBA) an employee is underpaid?

Add them to the DIA report

Nothing

Refund them via a PDE entry

Add them to the LOA report

Which Union locals are handled by benefits team?

Local 00000 and 0001

None

All locals

Locals 0001 and 0002

401k Roth appears as after-tax contribution on EV5

FALSE

TRUE

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Benefits Boost QuizVersión en línea

por Manuela Martinez

What is the amount covered by the company for Taxable Education?

Which memo code replaces DFU after the 70k limit is met

If an employee wants, HE/SHE can have 401k and Roth contributions of 6% each

How often is the taxable education process done?

Which earnings code do we use to adjust the taxable education amount?

If an employee is 60 years old, his Catch-up limit is?

In the deduction in arrears process, what RFL means?

If an employee earns $2,500 and has a 401k of 5%, how much would be the ER Match?

What should we do if after comparing the two systems (EV5 & TBA) an employee is underpaid?

Which Union locals are handled by benefits team?

401k Roth appears as after-tax contribution on EV5

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