CONVFACTOR_BYAGE(AEName, PaymentFormFrom, PaymentFormTo, AgePart, AgeCA, CalcYear, Popup, InterestRate, Mortality, MortalityCA, Timing, Frequency, COLA, CertainPerNum, CertainPerDen, CAFractNum, CAFractDen, PartFractNum, PartFractDen):
- AEName: name of the Actuarial Equivalence Definition.
- PaymentFormFrom: name of the Payment Form Definition from which you are converting.
- PaymentFormTo: name of the Payment Form Definition to which you are converting.
- AgePart: participant age (including fractions).
- AgeCA: beneficiary age (enter 0 if not applicable).
- CalcYear: calculation year (4 digits).
- Popup: (optional) enter TRUE here if payment form that you are converting to includes a popup option.
- InterestRate: (optional) leave 0 unless overriding the interest rate specified in Actuarial Equivalence Definition. (enter 0.07 for 7% for example)
- Mortality: (optional) enter "P" or "B" here. Entering "B" here will reverse participant and beneficiary mortality (if different) when calculating the factor.
- 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).
- CertainPerNum: (optional) enter 0 here unless overriding the certain period specified in the Payment Form Definition. This overrides for numerator in the conversion factor ratio (initial annuity).
- CertainPerDen: (optional) enter 0 here unless overriding the certain period specified in the Payment Form Definition. This overrides for denominator in the conversion factor ratio (converted annuity).
- CAFractNum: (optional) enter 0 here unless overriding the contingent fraction for the factor numerator, enter as a decimal (0.75 for 75% for example). This overrides for numerator in the conversion factor ratio (initial annuity).
- CAFractDen: (optional) enter 0 here unless overriding the contingent fraction for the factor denominator, enter as a decimal (0.75 for 75% for example). This overrides for denominator in the conversion factor ratio (converted annuity).
- PartFractNum: (optional) enter 0 here unless overriding the participant fraction for the factor numerator, enter as a decimal (0.75 for 75% for example). This overrides for numerator in the conversion factor ratio (initial annuity).
- PartFractDen: (optional) enter 0 here unless overriding the participant fraction for the factor denominator, enter as a decimal (0.75 for 75% for example). This overrides for denominator in the conversion factor ratio (converted annuity).
- 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).