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PFDecrementTable

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Function Description

Returns an array that contains a decrement table in a defined format relevant to (pension fund) projection purposes.

 

The pension fund members for this purpose are assumed to be subdivided between various different statuses (e.g. ‘active’, ‘deferred, ‘pensioner’, ‘beneficiary’, ‘left/dead’ etc.) and also subdivided by age. The aim of the decrement table is to characterise the proportion of scheme members (or to be more precise the proportion of a given type of benefit attributable to these scheme members) moving between different categories as a function of age at outset and time from now to date at which their membership status is to be projected. See PFDecrementTableHelp for further details.

 


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-          Interactively run function

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