PAPCCMFN.cbl

Actuarial Assumptions – Build Actuarial Tables – Program

Overview

PAPCCMFN.cbl is called by the Calculation process to build Actuarial Equivalence Commutation Tables.  Commutation Tables are used to efficiently compute actuarial equivalence factors defined in Actuarial Factor Aliases, Early/Late Adjustment Definitions based on Actuarial Assumptions, and Optional Forms Definitions based on Actuarial Assumptions.  Using the interest and mortality assumptions, tables of qx, lx, dx, nx, etc. are constructed for ages 1-120, and can referenced throughout the calculation when performing the various actuarial equivalence computations.