Service Related Accrual Table

This is ET, FT, GT and HT type rate tables, which is indexed by the period of service specified by the Benefit Slice. It is the corresponding entry on the ET, FT, GT and HT table that is used in the benefit calculation.

The service period is calculated from DOE Qualifying Service to the start date/end date on the slice. SuperVal will then linearly interpolate to obtain the value for the member’s exact period of service.

Typical uses for this table may be uplifted service or extra years of service granted after a certain period. For example, suppose that members receive a further 5 years pensionable service on completion of 10 years. The Service Related Accrual Table would have an entry of 9 at duration 9 and 15 at duration 10, 16 at 11 etc. i.e. the table is cumulative.

Please note that the Service Related Accrual Table will be applied across Benefit Slices (or Tiers).

If a ET, FT, GT and HT table is not defined, then the service will be the period between the Start Date (or minimum start date) and Finish Date (or maximum finish date) for the Benefit Slice. Allowance would be made for maximum service.

Double click to select from the list of available ET, FT, GT and HT type rate tables.

When using this field, you will be required to enter the date from which service starts to accrue in the DOE Qualifying Service on the Membership Tab.

Not all functionality is available to all users.