Posted on by Arthur da Silva

Pension Library Update 2024.01.01: Fixes

Updated Slope Pension Library

General update

Previous versions of the Slope Pension Library have been renamed to the “Slope Pension (Governmental) Library” to distinguish and prepare for the public release of the private sector pension plan library.

Fixes

  • Corrected references to 415(b) limit inputs in global variables so that the table is nested in Plan Definition Table and not a separate reference in the projection inputs
  • Corrected Annuity calculations to coordinate COLAs during guarantee periods
  • Corrected the interpolation of missing years of compensation history

Version 2024.01 of the Slope Governmental Pension Library has been unpublished so our users do not mistakenly utilize these invalid setups. If you require a copy of this version prior to the fixes, please contact support@slopesoftware.com.