Just for viewing purposes. You can store and calculate this formula only inside the application.

PFDEATHBENEFITS
 
Formula:

PFDEATHBENEFITS
Description: Death benefits
Syntax: SavingsWithoutInt = CALL("SAVINGSPROCESS",SAVINGSWOINT)
YEAR = CALCYEAR
Convers = TAB(CONVRATPEN)
SpousesPension = RND((SavingsWithoutInt * Convers) * TAB(SPOUSPERAT) / 5,2) * 5
OrphansPension = RND((SavingsWithoutInt * Convers) * TAB(PENRATCHIL) / 5,2) * 5
DeathBenefit = RND(DBC * IS / 5,2) * 5
ContributionRiskDeath = RND(RCDEATH * IS / 5,2) * 5
Note:

Calculates the death benefits related to retirement
on the existing retirement assets without interest.
Category: Insurance / Pensionfunds
Creator: pkuser
Account: Free
Published: 20 July 2010
Tags: formula death benefit retirement assets review contribution

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