Service Start Date/Earliest Start Date

A service start date can be defined as the later of an item of data and a fixed date.

The Service Start Date for each Slice is entered here. Select from the drop-down list the data item containing the relevant data item. This will be used as the date when service for this Slice starts accruing unless an Earliest Start Date is also defined.

The user can define the Earliest Start Date that can be used for a particular Slice. Enter this date in the following date format DD/MM/CCYY. SuperVal will then take the later of these two dates to determine when service for this Slice starts accruing.

If valuing future service, the Service Start Date on Slice 1 should be Valuation Date and the Earliest Start Date should be blank. If you have no future service liabilities, please ensure these fields are left blank on Slice 1.

If the Slice is being used to value added years or a fixed pension then these field can be left blank.

The Earliest Start Date will not be used for future service benefits on Slice 1 when CARE benefits are being valued.