Location: Benefit Estimates Process/Refund Inquiry
Use the following steps as a guide to perform a refund inquiry in a DB plan.
Ensure that the correct plan is selected and from the Benefit Estimates process, click to select the Refund Inquiry event. The system displays the Calculation wizard with the Calculation Type 'Termination' selected.
If necessary, use the Calendar to change the defaults for Date of Termination and Trade/Payment Date and then click Next to continue. The system displays a Summary.
If the Summary is correct, click Next. The system displays the Calculation Results worksheet.
If necessary, select the Options tab to display the member's termination options. In the example shown, the member has three options, a deferred pension or a transfer, both of which have a cash refund component.
Select the General tab to display member demographic information and other general information about the calculation.
Select the Service tab to display member service information.
Select the Contributions tab to display the member's contributions information.
Select the Factors tab to display member actuarial basis information.
Select the Earnings tab to display member earnings information.
Select the Summary tab to display the member's Benefit Summary and Benefit Summary by Source.
Select the Pension tab to display the member's pension information.
To save the calculation, scroll down and click Finish. The system saves the calculation as Quote and displays the Calculation History browser from which you can open and review the calculation.
Build 1136
