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Bi-weekly rates coming as Annual for Age Reduction
Summary:
Rates are incorrect. We have removed the rest age VAPROs for now.
Expectation: Primary Amount should pull bi-weekly value. The rates for ages < 50 are coming correctly as Bi-weekly, but for ages > 50, annual amount is coming.
Calculation: => Coverage * Multiplier/1000 = X, => X * 12 / 26 = Y (bi-weekly rate) | Excepted Value: => 60000*0.457/1000 = 33.82=> 33.82*12/26 = 15.61
Configuration Setup:
1. Standard Rate:
2. Variable Rate
3. Eligibility Profile:
4. Derived Factors
Annual Rate pulling up:
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