Beneficiary Designation (BDES)
The Beneficiary Designation (BDES) transaction is used to designate beneficiaries to benefit plans in which employees are enrolled. Information regarding the percentage of distribution to the beneficiaries is also recorded.
The Beneficiary Designation is comprised of the following tabs:
Beneficiary DesignationBeneficiary Designation
Use this tab to enter benefit type, benefit plans, coverage start and end date.
Beneficiary Designation DetailsBeneficiary Designation Details
Use this tab to enter Beneficiary Designation Details such as Dependent ID, Name of Beneficiary, Beneficiary Type, % of Distribution and Relationship. Other information is populated from the Dependent Profile page. In the Dependent ID field, enter the identification number associated with the dependent that you are enrolling in the benefit. The Dependent's name is displayed in the Name of Beneficiary field. If the Beneficiary is a Trust, enter only the Trust, Date of Trust, and Trustee fields.
The User Defined Fields tab can be enabled via DESIGNER and can be used by sites as per their specific requirements. These fields consist of User Text, User Date 1, and User Amount fields and can also be used for any extra information that sites may need to track.
The Beneficiary Designation transaction can be created in the following way:
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Select the Create action on the Transaction Catalog.
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Select the Create or Edit action on the Benefits Summary Landing > Manage Beneficiary Designation carousel tile to create or update beneficiary information for the selected employee.
