CALCULATION OF PREMIUM AMOUNTS FOR THE GENERATION OF AN ANNUITY BASED ON A PENSION PLAN

摘要

According to one embodiment, a system includes one or more processors operable to, for each of the plurality of participants of a pension plan, determine data indicative of a first premium amount associated with a benefit of the pension plan that the participant is not eligible to elect to receive as a liability payout, and determine data indicative of a second premium amount associated with a benefit of the pension plan that the participant is eligible to elect to receive as the liability payout. The processors are further operable to determine a first total premium amount associated with a generation of an annuity based on the pension plan, and communicate the first total premium amount for display. The processors are further operable to determine a second total premium amount associated with the generation of the annuity, and communicate the second total premium amount for display.