Evaluation of financial aspects of a retirement benefit plan
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United States of America Patent
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N/A
Issued Date -
Feb 26, 2004
app pub date -
Aug 22, 2002
filing date -
Aug 22, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
There is provided a method for facilitating an evaluation of a financial aspect of a retirement benefit plan. The method includes determining a set of incremental values between a lower limit value and an upper limit value of a variable relating to the retirement benefit plan, calculating a liability value for each member of the set of incremental values, thus yielding a set of liability values, and storing the set of liability values. The set of liability values is made accessible to an analyzer that receives a hypothetical value for the variable and, based on the hypothetical value, uses a member of the set of liability values to determine a hypothetical liability for the retirement benefit plan.
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