Average Earnings for Valuation
The valuation engine uses one Average Earnings Definition as its source of current and projected earnings.
Average Earnings Definition
The valuation engine uses one Average Earnings Definition as its source of current and projected earnings.
Use earnings for valuation extract — Points the valuation engine to this definition when developing the earnings array and present value of future salary (PVFS).
Only one active Average Earnings Definition may be selected. Its Average Earnings Provision should use annual units and normally uses a career lookback so projected calculations retain the earnings history needed at future decrement dates.
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