Asset-Based Adjustment of Premium Amounts for the Generation of an Annuity Based on a Pension Plan

摘要

According to one embodiment, a system includes one or more processors operable to determine a premium amount associated with a generation of an annuity based on a pension plan, and receive data indicative of a plurality of assets to be used towards a payment of the premium amount. The processors are further operable to, for each of one or more characteristics, receive data indicative of at least one threshold associated with the characteristic, determine whether at least a portion of the assets have a characteristic value that is above or below the threshold, and based on the determination, determine a non-conformance amount associated with the characteristic. The processors are further operable to, based on the non-conformance amount of each of the characteristics, adjust the premium amount, and communicate the adjusted premium amount for display.

主权项

1. A system, comprising:
a memory; one or more processors communicatively coupled to the memory and operable to:
determine a premium amount associated with a generation of an annuity based on a pension plan;receive data indicative of a plurality of assets to be used towards a payment of the premium amount;for each of one or more characteristics:
receive data indicative of at least one threshold associated with the characteristic;determine whether at least a portion of the assets have a characteristic value that is above or below the threshold; andbased on the determination, determine a non-conformance amount associated with the characteristic;based on the non-conformance amount of each of the characteristics, adjust the premium amount; andcommunicate the adjusted premium amount for display.