True or False: You must create benefit plans before creating a benefit event?

Creating benefit plans before establishing a benefit event is essential within the Workday system. This is because benefit events are often linked to specific plans, and without predefined plans, the system cannot reference them when processing benefit-related actions. By ensuring that benefit plans are in place, organizations can manage eligibility, enrollment periods, and other important aspects of benefits administration effectively.

In this context, while there can be various types of events and plans, the foundational requirement remains the same: events generally draw from existing plans to facilitate the necessary functions like enrollment or changes in benefits coverage. Therefore, having benefit plans set up prior to creating any benefit event is a critical step in the benefits administration process, ensuring compliance and successful implementation of the benefit structures within the organization.