ANNFACTOR_BYAGE(AEName, PaymentFormName, AgePart, AgeCA, CalcYear, Gender, InterestRate1, InterestRate2, InterestRate3, PaymentAge, CertainPer, TempPer, MortalityCA, Timing, Frequency, COLA, CAFract, PartFract):
  • AEName: name of the Actuarial Equivalence Definition.
  • PaymentFormName: name of the Payment Form Definition.
  • AgePart: participant age (including fractions).
  • AgeCA: beneficiary age (enter 0 if not applicable).
  • CalcYear: calculation year (4 digits).
  • Mortality: (optional) enter "P" or "B" here. Entering "B" here will reverse participant and beneficiary mortality (if different) when calculating the annuity factor.
  • InterestRate1/InterestRate2/InterestRate3: (optional) leave 0 unless overriding the interest rate specified in Actuarial Equivalence Definition (Enter 3 rates here if using segment rates. Enter rates as a decimal 0.07 for 7%).
  • PaymentAge: (optional) enter 0 here unless overriding the payment age specified in the Payment Form Definition.
  • CertainPer: (optional) enter 0 here unless overriding the certain period specified in the Payment Form Definition.
  • TempPer: (optional) enter 0 here unless overriding the payment period specified in the Payment Form Definition (if underlting annuity is a temporary annuity).
  • MortalityCA: (optional) beneficiary mortality override, enter "P" or "B" here.
  • Timing: (optional) payment timing, enter 0 for beginning of period, 1 for end of period.
  • Frequency: (optional) payment frequency, enter 0 for weekly, 1 for monthly, 2 for quarterly, 3 for semi-annual, 4 for annual.
  • COLA: (optional) COLA rate override, enter as a decimal (0.03 for 3% for example).
  • CAFract: (optional) enter 0 here unless overriding the contingent fraction, enter as a decimal (0.75 for 75% for example).
  • PartFract: (optional) enter 0 here unless overriding the participant fraction, enter as a decimal (0.75 for 75% for example).
  • COLADef: (optional) enter 0 here unless overriding the COLA deferral period, enter the number of years deferred (5 for 5 years for example).
  • COLAMax: (optional) enter 0 here unless overriding the COLA maximum benefit ratio, enter the maximum fraction (1.5 if maximum equals 150% of the initial benefit for example).
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