Method and system for determining benefits
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
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N/A
Issued Date -
Jun 17, 2004
app pub date -
Aug 20, 2003
filing date -
Dec 17, 2002
priority date (Note) -
Abandoned
status (Latency Note)
Importance
Abstract
Methods and systems for calculating benefits for defined benefit plans can use a calculation module that receives a request to perform a benefit calculation. The calculation module may use information in the request to identify a system plan from a repository. The system plan may include provisions such as plan rules, formulas, and assumptions associated with a particular benefit plan. Plan providers may establish plan provisions using an expression language, validate the provisions, and load the provisions to the repository. The calculation module may access the system plan, perform benefit plan calculations according to the provisions and using stored benefit data, and generate an output for a user.
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Family
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