Client: Files
Scheme Name
Enter the Scheme Name.
The Scheme Name will appear in the header of all output created for this Scheme. If different sets of calculations are produced in different folders i.e. current and previous valuations or transfers out then a description of the purposes of the calculations could also be included.
Yield Curve Files Folder
Output Files Folder
Consolidation Results File Folder
Mortality Improvement Files Folder
SuperVal allows different folder paths to be specified for different purposes and therefore allows valuations to be processed more efficiently.
Select File+Open Scheme Folders on the main menu bar to view the current list of the Folder pathnames.
A list of the Folders used by SuperVal and their purpose is as follows:
| folder | description |
|---|---|
| Input | Contains all member data and parameter files. |
| Yield Curve | Contains yield curves; if blank defaults to Input Folder |
| Output | All valuation results output files (including the consolidated output) will be written to the folder path specified here. |
| Consolidation | This folder is where the results database will be written (SVResultsDB) |
| Mortality Improvement | Contain mortality improvement tables; default is library folder |
The above folders contain all the files used for a particular Scheme Valuation. Note that it is not necessary to specify these as different folder paths. Input, Yield Curve, Output and Consolidation can all be the same folder path if preferred. If Mortality Improvement is at the system level though, it must be on the same drive as the library folder.
Having the Consolidation as a different folder will enable different users to process separately actives, deferreds and pensioners while still being able to consolidate all Scheme membership. To do this all users for a particular scheme should specify the same folder path for the Consolidation folder.
Double click to select the Folder locations.
S21 Migration Required
Check this box if you are migrating the input files from a previous version of SuperVal.
Superval/21 Migration Folder
The Folder containing the SuperVal system files for the Scheme
(CLIENT.sf, DEFAULT.sf, BASIS.sf and named basis files) that are to be
migrated.
Mortality Improvement Files
Specify where the Mortality Improvement csv files are stored. i.e. whether stored at a scheme level or at a system level.
Scheme Level Parameter File
Specify the name of the Scheme Level Parameters File.
If any Scheme Level Parameters File(s) already exist in the Scheme Folder, they will be displayed in the list. If there are more than one, you must select the one you wish to use for this session.
If there are no Scheme Level Parameters Files in the Scheme Folder, the list displayed will be blank. In this case, you must type in the name of the Scheme Level Parameter File. It is recommended to specify a name that describes the Scheme (and/or the purpose of the calculations if there are more than one Folder for the Scheme) so that the file will be easily recognisable at a later date.
Note that any parameters in other Scheme Level Parameter File(s) in the Scheme Folder will not be available unless you log-off and commence a new session in the Scheme Folder selecting that other Scheme Level Parameter File.
One Scheme Level Parameter File per Scheme Folder is the recommended configuration.
Scheme Basis Parameter File
The name of the Scheme Basis Parameter file into which the basis
parameters will be saved. This file is automatically given an extension
of .SF.
With parameter sets that are stored at the Category Level, any number of parameter sets can be stored in a parameter file and there can be any number of parameter files.
If any Scheme Basis Parameter File(s) already exist in the Scheme Folder, they will be displayed in the list. If there are more than one, you must select the one you wish to save the parameters to.
If there are no Scheme Basis Parameter files in the Scheme Folder, the list displayed will be blank. In this case (or if you wish to create a new Scheme Level Parameters File), you must type in the name of the Scheme Basis Parameter File.
It is recommended to specify a name that describes the purpose of the bases (particularly if there is more than one Basis Parameter File in the Scheme Folder) so that the file will be easily recognisable at a later date.
The preferred configuration is to have only one parameter file with category level parameters but there may be situations where more than one may be preferred.
For example, one parameter file might contain category level bases with
the previous valuation basis and bases with the new valuation basis in a
second file or bases for each actives category could be in one file and
another file could contain bases for each pensioners category (although
in both these examples all bases could be saved to the same parameter
file, if preferred).
Save
Clicking on the Save button allows you to save the entries.
Quit
Clicking on the Quit button allows you to exit without saving any of your changes.
In some of the screens you will be asked to confirm if you want to exit Ignoring all changes. If you click Yes, the file will be closed without saving any changes. If you click No you will be returned to your original screen.
From the Browser, the Quit button will take you to a graphical display of the results.