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Windup Liability Interest Rates

To assume separate interest rates for the Windup Liability, than is used for the Solvency Liability, uncheck the Same as Solvency parameter. 

The Transfer Value Interest Rates are annual forward interest rates, entered as Variable by duration from the valuation date. Enter the rates that specify the annual (forward) interest rates to be used to discount benefit payments. A grid is provided in which to enter two or more interest rates

The Immediate Annuity Purchase Interest Rate and Deferred Annuity Purchase Interest Rate are entered as a constant.

For more details on entering these rates, see the Solvency & Windup Liability Transfer Value Liability and Solvency & Windup Liability Annuity Purchase Liability topics.