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Accrual Basis formula

An Accrual Basis is a part of an accrual definition benefit formula component. Salary, covered compensation, U.S. Social Security Primary Insurance Amount (PIA), and related items are accessed through an accrual basis.

The accrual basis expressions are often simple, but they can reflect significant complexity when necessary. They are constructed with numbers, ProAdmin operators, accrual basis components, and custom operators. A list of database fields, operators, and other useful tools will appear whenever you hit F1 if your cursor is in the Accrual Basis dialog box of the accrual basis screen.

Occasionally, the accrual basis is of sufficient complexity to involve components of its own. The Component Library allows you to create, unhide, and edit these accrual basis components.

If the standard ProAdmin accrual basis operators do not provide the calculation results required by the plan provisions, then you can create your own variations through the development of Custom Operators, this is available by clicking the button of that name on the screen.