Example: Corrective Retro—No Exceptions
In this example, Earning 1 rate changes from 100 to 120; effective date is in period 1; notified in period 2:
| Recalc Option | Calendar Period 1 | Prior Results (Old Value) | Re-Calculation (New Value) | Deltas | Corrective Replace Old Value with New Value | Forward Y/N |
|---|---|---|---|---|---|---|
|
Always |
Earning 1 |
100 |
120 |
20 |
Y |
N |
|
Always |
Deduction 1 (flat amount) |
30 |
30 |
0 |
Y |
N |
This table shows the processing results for the example above:
| Calendar Period 2 | Current Results | Retro Adjustment |
|---|---|---|
|
Earning 1 |
120 |
None |
|
Deduction 1 (flat amount) |
30 |
None |
In this example, only Earning 1 generates a retro delta. The new value of Earning 1 replaces its old value.