Below is a list of the changes incorporated into each version of DB Precision for 2012. To see changes made in other years, choose from the following:
• Validation Results Filter: fixes problem in which error message is displayed after printing valuation results.
• Validation Definition: fixes problem on Person Validation Definitions comparison screen in which certain items appeared unchecked even if checked. While the information was properly stored, it would not properly display.
• Validation Definition Standard Errors: fixes problem on Person Validation Definitions standard errors screen in which certain item descriptions appeared cutoff.
• Validation Definition Standard Errors: adds new validation which checks for rehires with a deferred benefit stored (causing status to evaluate as terminated vested rather than active).
• Sponsor Users: adds ability to specify System Users that are assigned to each Sponsor.
• GETBENLATEST: adds ability to use this function to get the payment start date of a benefit.
• Person Transactions: when item explorer was loading and a user clicked on Person Transactions, the application would be unable to display the transactions screen causing an error that required DB Precision to be closed. This has been fixed.
• Sponsor Import: corrects for problem in which a user was unable to change the numeric format for benefit payment state withholding.
• Worktrack Manager: provides users the new ability to track benefit calculation and data work within DB Precision.
• Service Unit Elapsed Time Minimum: for service provisions that are based upon a reported amount but that are subject to an elapsed time minimum, adds ability to credit service through the weekend if terminated on a Friday.
• Average Earnings Reported Amount: allows for the exclusion of an earnings amount if the unadjusted effective date of that amount is after the calculation date.
• Average Earnings: fixes problem in which the period for a unit that was either half-year or quarter year was not being properly determined if measured on the last day of the period (3/31 for example).
• Lifecount Reconciliation: fixes problem with beneficiary column of lifecount reconciliation where individuals that had two status at the beginning of the year and not at the end of the year were resulting in an incorrect reconciliation grid.
• Valuation Snapshot: no longer measures hours for determining non-accrual status if a credited service definition is based upon elapsed time.
• Validations: reorganized validation screens and added more complete help.
• Compensation Limits: fixed possible problem with application of compensation limits when highest consecutive compensation was used in average.
• Web Portal Summary: adds ability to display participant summary on web portal for Participant logins.
• Person Validation: fixes problem displaying validations for an individual person.
• Average Earnings Period: adds additional average earnings period determiation method.
• Valuation Snapshots: the layout of valuation snapshot screens has been broken into pieces to include add and manage snapshots screens.
• Valuation Snapshot Compare: adds ability to compare data for two snapshots.
• Account Transactions: fixes problem in which additional account transactions were being applied on rehire date if set up as a formula rather than reported amount.
• Service Reported Amount Override: fixes problem in which a reported amount override in a one-day service sub-period was not being applied.
• Account Calculation Detail: additional detail has been added to printed results for account calculations.
• Sponsor Validation: enhancements to validation results screen have been made to improve ability to filter and extract results.