What Change in Factors Will Change Values?

Will Application of GAM83M or GAR94U Rates Change Value?

Case A

NAME: Robert Clinton
DATE OF BIRTH: October 10, 1946
DATE OF EMPLOYMENT: September 1, 1978
DATE OF MARRIAGE: November 11, 1984
DATE OF SEPARATION: June 1, 1992
USX PENSION BENEFIT AS OF JUNE 1, 1992: $832.00
TRIAL DATE: February 10, 2003 - interest rate 4.94%
NORMAL RETIREMENT AGE (65): November 1, 2011
PRESENT VALUE BASED ON GAM83 MALE RATES: $69,837.08
COVERTURE 54.9% ____________ $38,340.56

Case B

NAME: Robert Clinton
DATE OF BIRTH: October 10, 1946
DATE OF EMPLOYMENT: September 1, 1978
DATE OF MARRIAGE: November 11, 1984
DATE OF SEPARATION: June 1, 1992
USX PENSION BENEFIT AS OF JUNE 1, 1992: $832.00
ACTUAL RETIREMENT  BENEFIT : age 65, Nov 1, 2011
TRIAL DATE: Feb 10, 2003 - interest rate 4.94%
PRESENT VALUE BASED ON GAR94: $73,341.25
COVERTURE 54.9%: $49,264.35
 

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