Home > Expression Operators > Benefit Formula Operators > #EQCY

#EQCY

Returns 1 if calendar year is equal to Year (4 digits), otherwise 0.

Year is compared with the year of decrement in pension modes and the year of payment in OPEB mode. Valuation date anniversaries are used to determine the year of decrement and year of payment; decrement timing and payment timing do not affect the result.

Syntax:

#EQCY Year

Examples:

#EQCY 1995 equals 1 in calendar year 1995, otherwise 0.

#EQCY 2000 equals 1 in calendar year 2000, otherwise 0.

Related Operators:

#GECY

#GTCY

#LECY

#LTCY

#NECY