Understanding Date Aliases and Options

Dates are elemental to pension calculations. The date of birth, date of hire, normal and early retirement dates, and benefit commencement date are just some of the important dates you use.

Dates stored in the database are accessible using database aliases. Many other dates, however, are derived rather than stored. For example, normal retirement date may be the participant's 65th birthday or the first of the month following that birthday.

Date aliases enable you to derive dates using your plan's date math and rounding rules. Date aliases support a number of different types of date manipulations.