Termination Rate Tables are system-wide annual termination probabilities selected on the Sponsor Assumptions Decrements tab.
- Tables list: Displays the available system-wide termination tables. The book indicator identifies a table referenced by one or more plans.
- Name: Identifies the table in Sponsor Assumptions selections.
- Description: Describes the population, assumption base, and intended use.
- Rates Basis: Age retrieves rates by attained age. Service retrieves rates by valuation table-lookup service. Age/Service uses age for the row and service for the select column.
- Select Period: Defines the final service select period for a Service or Age/Service table. Later service uses the final >= column.
- Minimum Age: Defines the first age row. A lookup below this value uses the first rate in the table.
- Maximum Age: Defines the last age row. A lookup above this value uses the last rate in the table.
- Unisex: Uses one rate series for all participants. When cleared, separate male and female rates are stored.
- Male / Female: Switches the displayed rate series for a sex-distinct table with select-period columns.
- Annual Rates grid: Stores one-year termination probabilities as decimals by the selected age and service coordinates.
- Change Log: Displays the saved history for the selected table.