Understanding Mathematical Statements

When you use the custom statement to create your plan benefit formulas, you set up statements with the type Benefit Calculation. The Benefit Formula component includes a page to describe the normal form of the benefit. General purpose mathematical equations have the type Custom User Statement.

These mathematical equations can incorporate function clauses and Boolean clauses, but the final product of the result is a number or a date.

Mathematical equations require a final clause to assign a name to the result. This name must be the custom statement name.