PAT06A - Non-Detail Calculation Worksheet

This SQR provides summary information about a calculation and its benefit formulas.

The Calculation section provides the calculation description and name, the rules as of date (which determines the effective date to use when determining the appropriate plan rules), and the calculation run date and time. It also includes the calculation reason that was the basis for the calculation.

The Plan section includes the assumed benefit commencement date or age and the lump sum date or age.

The Plan section uses the 10-character names that you assigned to the calculation components, not their full descriptions. For each plan, the report prints the formula, shown as an equation, followed by the individual components and their values.

The report provides the formula and the values of formula components for each benefit amount. Multiple benefit amounts may reflect reduced and unreduced benefits, employee-paid and employer-paid benefits, grandfathered benefits, benefits before and after a QDRO offset, and any other benefits that your organization calculates.