Understanding Custom Statements

No two pension plans are alike. Within the parameter pages, PeopleSoft includes many of the types of calculation processes that your plans may use. However, because of the numerous variations that are possible, PeopleSoft also provides the custom statement, a tool that you can use to build your own custom logic statements. You can use the Custom Statement page to set up mathematical operations and conditional statements. The values that you calculate on this page can be referenced from other calculation components. These values do not, however, appear on the calculation worksheet or on any online page.

Note: Several components of the plan rules use the Custom Statement page as the main parameter page. The Plan Eligibility, Benefit Formula, Group Definition, Spouse Eligibility, and Code Definition pages are all custom statements. This is why they all use the generic PA_CUSTOM_PNL page.