TC_INTASSUMPTION

Title (TC_INTASSUMPTION)
Interest Assumption

Definition

Used By
IRSPremCalcMethod (InterestAssumption)
RequestBasis (InterestAssumption)
ResultBasis (InterestAssumption)

Codes
DescriptionNameValueDefinitionNotes
CurrentOLI_INTASSUM_CURRENT2
Custom BlendedOLI_INTASSUM_BLENDED7Another form of interest rate override.
Custom Specified (Alternate)OLI_INTASSUM_CUSTOM4Another form of interest rate override.
Guaranteed - defaultOLI_INTASSUM_GTD1
High rateOLI_INTASSUM_HIGHRATE11This refers to the High Illustrative Rate agreed on in the South African Benefit Illustration Agreement.
Historical (Variable products)OLI_INTASSUM_HIST8The actual historical interest rate.
Low rateOLI_INTASSUM_LOWRATE12This refers to the Low Illustrative Rate agreed on in the South African Benefit Illustration Agreement.
NAIC Disciplined Current ScaleOLI_INTASSUM_DISCP9It is the "NAIC Disciplined Current Scale"
NAIC MidpointOLI_INTASSUM_NAIC6
Net Specified (variable products only)OLI_INTASSUM_NET5
OtherOLI_OTHER2147483647
Specified ( Alternate )OLI_INTASSUM_SPECIFIED3Method of interest rate override.
UnknownOLI_UNKNOWN0