Difference between revisions of "11 pk040"

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* [[11_pk041|PK041]]
 
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* [[11_appendix_expo_editing_procedures|Appendix E - EXPO Editing Procedures Table of Contents]]
 
* [[11_appendix_expo_editing_procedures|Appendix E - EXPO Editing Procedures Table of Contents]]
* [[start|EXPO/EARS Documentation Home]]
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* [[EXPO_Documentation|EXPO/EARS Documentation Home]]

Latest revision as of 16:46, 11 July 2019

PK040

A 2-digit value represents the Contribution Balance Percentage, in percentage units. This percentage is applied to the PK037, PK038, and PK039 wage tolerances listed above, giving a proportional contribution amount tolerance corresponding to the wage level of the family. For instance a 10% PK040 value would allow a contribution variation of up to $50 when total and taxable wages are permitted to wander by up to $500. The EXPO-established default for this field is 10%. It is recommended that this value not be increased, though edits can be tightened with a reduced value. If the State Maximum Tax Rate (PK001) exceeds 10%, this value could also be adjusted upward accordingly, but should never exceed 15%.


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