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|Calculating Normal Cost -- Which Segment Rate to Use?|
BenefitsLink Message Boards
Sept. 30, 2021
"I'm wanting to make sure we are using the correct segment rate for the calculation of the Normal Cost. The calculation should be:
Contribution Credit <multiplied by> the Assumed Interest Rate (to the power of the number of years until retirement)
Segment Rate (to the power of the number of years until retirement)
For the segment rate being used, it should be:
Thanks in advance for confirming!"
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