The Basic tab defines the period, displayed actuarial methods, economic assumptions, marriage assumptions, COLA, and reported-amount controls for the provision.

• Effective Date / Stop Date: defines the period during which this provision applies. None leaves the stop date open.
• Funding Methods Displayed: selects Unit Credit, Projected Unit Credit, Entry Age Normal - Level Dollar, and Entry Age Normal - Level Percentage of Pay. Attained Age Normal - Level Percentage of Pay appears as an unavailable option.
• Fraction of People Married - Fixed / Table: selects a Fixed or Table assumption. The current screen accepts fixed male and female fractions; its table selector is unavailable.
• Fraction of People Married - Male / Female: supplies the fixed married fractions used to weight single and married payment forms.
• Years Husband is Older than Wife - Fixed / Table: selects a Fixed or Table assumption. The current screen accepts fixed male and female values; its table selector is unavailable.
• Years Husband is Older than Wife - Male / Female: supplies spouse-age assumptions when beneficiary information is unavailable.
• Minimum Funding Interest Rate: selects the primary discount basis; Valuation Interest Rate Details opens its configuration screen.
• Maximum Funding Interest Rate: selects the separate Tax-Max and alternate PBGC discount basis. N/A disables that basis.
• Other Increase Rates: projects the Taxable Wage Base, 401(a)(17) limit, and 415(b) limit.
• PBGC Premiums: selects No PBGC Calculation, Published Premium Segment Rates, or the Maximum Funding Rate alternate method.
• COLA - Fixed / Table and Rate / Table: selects either a fixed increase rate or a COLA Table and supplies the corresponding value.
• COLA - Start Age / Maximum Benefit Ratio / Type: defines when increases start, the maximum benefit ratio, and whether increases are Simple or Compound.
• Apply COLA to Inactive Participants: applies the configured increase to inactive-participant benefits.
• No Benefit Increases if Only Beneficiary Is Alive: stops COLA increases when only the beneficiary remains alive.
• Reported Amounts: lists reported amounts available to the valuation assumptions. Open an amount to configure its projection settings on the Assumption Reported Amount screen.
• Ignore Amounts After Calculation Date: ignores amounts whose effective dates exceed the calculation date by the specified number of days.
• Use Estimated Amounts: allows estimated reported-amount values to be used when applicable.

The Mortality tab assigns mortality selections to the participant and beneficiary populations used by valuation.

• Pre-decrement: selects mortality while an active participant remains exposed to retirement, termination, and disability.
• Terminated / Pre-payment Start: selects participant mortality after termination and before deferred payments begin.
• Disabled / Pre-payment and Post-payment Start: selects participant mortality before and after disability payments begin.
• Retired / Post-payment Start: selects participant mortality after retirement payments begin.
• Survivor / Pre-payment and Post-payment Start: selects beneficiary mortality after participant death, before and after survivor payments begin.
• Lump Sum: selects mortality used by qualifying life-contingent lump-sum forms.
• Selection Method: uses Pre-decrement Mortality, one Constant selection, a Reported Amount variation, or a Year variation.
• Survivor Treatment: optionally uses participant retiree mortality for a beneficiary while both lives are alive.

Use Valuation Mortality Selection for the detailed mortality selection dialog.

The Decrements tab defines the annual retirement, termination, and disability assumptions applied while a participant remains active.

• Retirement - Fixed Age / Table: selects retirement at a Fixed Age or from a Retirement Age Probability Table.
• Retirement - Reported Amount / Duration / Year: varies the retirement table by a participant Reported Amount, Duration, or Year.
• Termination - None / Table: selects None or a System Termination Table used for annual termination rates.
• Termination - Reported Amount / Duration / Year: varies the termination table by a participant Reported Amount, Duration, or Year.
• Post-termination Retirement - Same as Active / Fixed Age / Table: selects Same as Active, Fixed Age, or Table for the retirement pattern used after termination and before payment commencement.
• Post-termination Retirement - Reported Amount / Duration / Year: varies the post-termination retirement table by a participant Reported Amount, Duration, or Year.
• Disability - None / Table: selects None or a System Disability Table used for annual disability rates.
• Disability - Reported Amount / Duration / Year: varies the disability table by a participant Reported Amount, Duration, or Year.
• Stop at Earliest Retirement Age: stops termination or disability probabilities when the participant first becomes retirement-eligible with a nonzero retirement rate.
• Decrement Timing: places decrements at the Beginning or Middle of each projection year.
• Decrement Precedence: selects whether All Rates, No Rates, or Only Mortality are adjusted for competition among active decrements.

When a decrement or mortality selection varies by participant reported amount, projection duration, or calendar year, use the Valuation Assumption Detail Screens.