Returns 1 if calendar year is less than 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:

#LTCY Year

Examples:

#LTCY 1995 equals 1 before calendar year 1995, otherwise 0.

#LTCY 2000 equals 1 before calendar year 2000, otherwise 0.

Related Operators:

#EQCY

#GECY

#GTCY

#LECY

#NECY