The following terms are important and useful when it comes to PeopleSoft benefits:
- BENEFIT PLAN - This refers to a specific benefit plan, such as Kaiser Medical, Delta Dental, etc.
- PLAN TYPE - This is a broad categorization of similar benefit plans (medical, dental, vision, basic life, etc.)
- BENEFIT PROGRAM - This is a virtual benefits package. This is a collection of plan types and benefit plans for which an employee is eligible.
In PeopleSoft, Benefit Programs include all aspects of the benefits package: plan types, benefit plans, deduction codes, rates and rules.