ANNUITYFACTOR

Returns the factor for the Annuity Factor Definition def_name for a given age and calculation date.

Formula Syntax

ANNUITYFACTOR("DefName", CalculationDate, Age)

DefName: this must be contained within quotes.

Calculation Date: fixed date such as DATE(1,1,2010) or system date such as CALCDATE.

Age: the age at which point the factor should be calculated.

CAAge (optional): the age of the beneficiary at which point the factor should be calculated. Leave blank or zero to have this determined based upon beneficiary specified within the calculation.

Examples

ANNUITYFACTOR("annFactorLA", CALCDATE, 65): returns the immediate factor at age 65.

PensionSoft Corporation | 860.540.3690 | support@pensionsoft.com