PAPCEESP.cbl

Calculation – Employee Paid Benefit – Program

Overview

PAPCEESP.cbl is called during the Calculation to calculate an Employee Paid Benefit, or the portion of the accrued benefit resulting attributable to the employee contributions.  This calculation uses actuarial equivalence principles, but at this time, the delivered module does not support the Pension Protection Act of 2008 mandated segmented interest rates.