FAQ 741: Terminated Vested Participants not being valued

Problem: I have a plan with terminated vested participants whose benefits were determined outside of ASC. I have used forced maximums and then overides but it still does not value these benefits except for one person. What am I coding incorrectly?

Solution: You need to input the current percent vested for all your status code Ts. The reason that one person calculated correctly is that she has a termination date within 12 months of the valuation date and therefore calculations were done for her. If she has a termination date within 12 months of the valuation date and you did NOT want the system to recalculate her benefit and vesting, then you would remove the Date of Entry in her record. Any terminated status with a term date more than a year before the valuation date does not get recalculated.