Contents of the Assign Beneficiaries to Benefit Plans Screen

Use the fields and options to configure the Assign Beneficiaries to Benefit Plans screen.

Identification

Field	Description
Employee	Enter, or use to select, the ID number of the employee whose beneficiaries you want to assign to a benefit plan. Costpoint validates your entry against the data entered on the Manage Employee Information screen. This is a required field.
Name	This field displays the name of the employee.

Plan Details

Field	Description
Benefit Plan	Enter, or click to select, the code for the benefit plan you want to assign to this beneficiary. Costpoint validates your entry against the Benefit Plans table. The description of the benefit plan displays in the field to the right. This is a required field.
Effective Date	Enter, or click to select, the date on which beneficiaries were assigned to this plan for this employee. The date must be in MM/DD/YYYY format. This field is required.
Notary Date	Enter, or click to select, the date on which this assignment was notarized. The date must be in MM/DD/YYYY format.

Clauses

Field	Description
Equal Shares or all to the survivors	Select this check box if primary and/or contingent beneficiaries receive equal shares of the proceeds from the employee's life insurance plan.
Unequal Shares or all to the survivors	Select this check box if primary and/or contingent beneficiaries receive unequal shares of the proceeds from the employee's life insurance plan.
Common Disaster Clause	Select this check box if distribution of the proceeds of this employee's life insurance plan is governed by the Common Disaster Clause.
Unborn Children Clause	Select this check box if distribution of the proceeds of this employee's life insurance plan is affected by the Unborn Children Clause.

Beneficiary Details

Use this group box to define the type of beneficiaries for the employee. Click to create a new line.

Field	Description
Type	From the drop-down list, select one of the following settings to indicate the type of beneficiary in this required field. Valid options are. Primary Contingent
Beneficiary Name	This non-editable field displays the beneficiary's name, as specified on the Manage Employee Dependents/Beneficiaries screen.
SSN	This non-editable field displays the nine-digit Social Security Number of this beneficiary, as specified on the Manage Employee Dependents/Beneficiaries screen.
Gender	This field displays the code for the beneficiary's sex, depending on the option you selected in the Gender group box on the Manage Employee Dependents/Beneficiaries screen.
Date of Birth	This non-editable field displays the beneficiary's date of birth as specified on the Manage Employee Dependents/Beneficiaries screen.
Relationship	This non-editable field displays the beneficiary's relationship to this employee, as specified on the Manage Employee Dependents/Beneficiaries screen.
Percent	Enter the percent of shares this beneficiary receives in the event of a claim payout. This value must be between 1% and 100%. The sum of all Primary beneficiary types must equal 100%, and The sum of all Contingent beneficiary types must equal 100%. This field is required.

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Contents of the Assign Beneficiaries to Benefit Plans Screen

Use the fields and options to configure the Assign Beneficiaries to Benefit Plans screen.

Identification

Field	Description
Employee	Enter, or use to select, the ID number of the employee whose beneficiaries you want to assign to a benefit plan. Costpoint validates your entry against the data entered on the Manage Employee Information screen. This is a required field.
Name	This field displays the name of the employee.

Plan Details

Field	Description
Benefit Plan	Enter, or click to select, the code for the benefit plan you want to assign to this beneficiary. Costpoint validates your entry against the Benefit Plans table. The description of the benefit plan displays in the field to the right. This is a required field.
Effective Date	Enter, or click to select, the date on which beneficiaries were assigned to this plan for this employee. The date must be in MM/DD/YYYY format. This field is required.
Notary Date	Enter, or click to select, the date on which this assignment was notarized. The date must be in MM/DD/YYYY format.

Clauses

Field	Description
Equal Shares or all to the survivors	Select this check box if primary and/or contingent beneficiaries receive equal shares of the proceeds from the employee's life insurance plan.
Unequal Shares or all to the survivors	Select this check box if primary and/or contingent beneficiaries receive unequal shares of the proceeds from the employee's life insurance plan.
Common Disaster Clause	Select this check box if distribution of the proceeds of this employee's life insurance plan is governed by the Common Disaster Clause.
Unborn Children Clause	Select this check box if distribution of the proceeds of this employee's life insurance plan is affected by the Unborn Children Clause.

Beneficiary Details

Use this group box to define the type of beneficiaries for the employee. Click to create a new line.

Field	Description
Type	From the drop-down list, select one of the following settings to indicate the type of beneficiary in this required field. Valid options are. Primary Contingent
Beneficiary Name	This non-editable field displays the beneficiary's name, as specified on the Manage Employee Dependents/Beneficiaries screen.
SSN	This non-editable field displays the nine-digit Social Security Number of this beneficiary, as specified on the Manage Employee Dependents/Beneficiaries screen.
Gender	This field displays the code for the beneficiary's sex, depending on the option you selected in the Gender group box on the Manage Employee Dependents/Beneficiaries screen.
Date of Birth	This non-editable field displays the beneficiary's date of birth as specified on the Manage Employee Dependents/Beneficiaries screen.
Relationship	This non-editable field displays the beneficiary's relationship to this employee, as specified on the Manage Employee Dependents/Beneficiaries screen.
Percent	Enter the percent of shares this beneficiary receives in the event of a claim payout. This value must be between 1% and 100%. The sum of all Primary beneficiary types must equal 100%, and The sum of all Contingent beneficiary types must equal 100%. This field is required.