Defining a Duration Alias

To set up a duration alias, use the Duration Alias (DURATION) component.

Page Name

Definition Name

Usage

Duration Alias Page

PA_DATE_DURATION

Create a duration alias.

Use the Duration Alias page (PA_DATE_DURATION) to create a duration alias.

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Set Up HCM > Product Related > Pension > Variable Definitions > Duration Alias > Duration Alias

This example illustrates the fields and controls on the Duration Alias page.

Duration Alias page

Field or Control

Description

Date From and Date-To

Enter the boundary dates for the period you want to measure. Either date can be a constant date or an alias. Of course, if the two dates are both constant, the duration would be constant. Therefore, at least one of your date endpoints is normally an alias.

Duration Option

Enter a duration option to establish a calculation method.