Termination Process (Online)

The Termination process is used to process a member's termination from a plan. The individual process events in the Retirement process are meant to be run in sequence.

Host Events	Description	Supporting Views
Application Submission	Launches the Document Upload wizard and uploads the termination application.	Demographic and Employer Demographic and Employer Summary Summary Compensation Compensation Member Documents Member Documents
Summary	Displays the member's summary.
Acknowledgement Letter	Generates a letter of acknowledgement.
Termination Calculation (DB Example, DC Example)	Launches the Termination Calculation wizard, calculates the benefit and saves it as 'Pending'.	Contributions Contributions Compensation Compensation
Non-vested Termination	Launches the Termination Calculation wizard, calculates the benefit and saves it as 'Process'.
Termination Option Letter	Creates a report to specify the member's options.
Election of Benefits	Launches the Document Upload wizard to upload the 'returned' options form.
Final Processing (DB Example, DC Example)	Launches the Disbursement wizard to set Payment, and Tax Instructions and saves the calculation as 'Process'.	Payment Instructions Payment Instructions Tax Instructions Tax Instructions
Authorization
Calculation Adjustment
Summary After Termination