FC Financial Contribution
To specify the financial contribution information
Position
Element
Name
Type
Requirement
Min
Max
Repeat
Code indicating the category of contribution
Percentage expressed as a decimal (e.g., 0.0 through 1.0 represents 0% through 100%)
FC02 is the percent of salary an employee elects to contribute.
Monetary amount
FC03 is the dollar amount of the contribution.
A generic number
FC04 is the number of payments per year.
Code indicating a Yes or No condition or response
FC05 is the billing indicator. A "Y" value indicates that the participant is billed for this type of money; an "N" value indicates that the participant is not billed for this type of money.