AnnuityValue
Final guidance of lump sum calculations under
the provisions of the Pension Protection Act (PPA) was announced in October
2007. As a result, there is much
interest in the AnnuityValue product. To
our knowledge, AnnuityValue is still the only online product capable of
generating annuity values under PPA.
During the year we added the 2008 Applicable
Mortality Table to our mortality table library.
We also added conversion factor displays from Single Life annuities to
other optional forms of payment.
We continue to update the product and improve the system.
As we do, AnnuityValue is updated for all Users at no cost.
Thank you for your continued support. All references are very much appreciated.
Kenny Pinkerton, A.S.A.
December 2007