Temporal Life event based on Participant dependent's age
We need to setup temporal life event based on particpant's dependent age. the realtionship type is "spouse".
Whenever this spouse turns 65, i need to trigger a life event on the particpant, to chnage the covergae amount of the spouse life insurance.
Requirment:
Age reduction rule, should be applied on Benefit amount that employee chooses for optional spouse.
Suppose an employee is enrollned in Optional spouse say " $100000". In coming september his spouse reahces age of 65 then the benefit amount should automatically reducte to $65000 (65% of what he has chosen). How i can setup this.
Can someone please help?