fast formula error for accrual matrix need help

Summary:

We created a fast formula for our accrual matrix but there a syntax error that we can't resolve.

for the context we wanted employee to have 20 hrs eligible time will refresh on there anniversary.

hope you could help us fixed this ff. Thanks!

Content (please ensure you mask any confidential information):

DEFAULT FOR PAYROLL_INTERFACE_HIRE_DT IS '1900/01/01 00:00:00' (date)
DEFAULT FOR PAYROLL_INTERFACE_ORIGINAL_DATE_OF_HIRE IS '1900/01/01 00:00:00' (date)
DEFAULT FOR IV_ACCRUALPERIODSTARTDATE IS '4712/12/31 00:00:00' (date)
DEFAULT FOR IV_ACCRUALPERIODENDDATE IS '4712/12/31 00:00:00' (date)
DEFAULT FOR GLOBAL_PAY_INTERFACE_EXTRACTION_DATE is '47121231'