Abstract: According to one embodiment, a system includes one or more processors operable to, for each of the plurality of participants of a pension plan, determine data indicative of a first premium amount associated with a benefit of the pension plan that the participant is not eligible to elect to receive as a liability payout, and determine data indicative of a second premium amount associated with a benefit of the pension plan that the participant is eligible to elect to receive as the liability payout. The processors are further operable to determine a first total premium amount associated with a generation of an annuity based on the pension plan, and communicate the first total premium amount for display. The processors are further operable to determine a second total premium amount associated with the generation of the annuity, and communicate the second total premium amount for display.

Abstract: According to one embodiment, a system includes one or more processors operable to determine a premium amount associated with a generation of an annuity based on a pension plan, and receive data indicative of a plurality of assets to be used towards a payment of the premium amount. The processors are further operable to, for each of one or more characteristics, receive data indicative of at least one threshold associated with the characteristic, determine whether at least a portion of the assets have a characteristic value that is above or below the threshold, and based on the determination, determine a non-conformance amount associated with the characteristic. The processors are further operable to, based on the non-conformance amount of each of the characteristics, adjust the premium amount, and communicate the adjusted premium amount for display.

Abstract: According to one embodiment, a system includes one or more processors operable to determine a premium amount associated with a generation of an annuity based on a pension plan. The processors are further operable to determine a first portion of the premium amount eligible for allocation to a separate account. The processors are further operable to determine a second portion of the premium amount for allocation to a general account. The processors are further operable to calculate a third portion of the premium amount eligible for allocation to the general account. The processors are further operable to calculate a subset of the first portion of the premium amount to be removed from the first portion of the premium amount, and communicate the subset of the first portion for display.

Abstract: According to one embodiment, a system includes one or more processors operable to receive data indicative of a plurality of participants in a pension plan, determine a premium amount associated with a generation of an annuity based on the pension plan, and receive data indicative of one or more reference portfolios. The one or more processors are further operable to, for each of the one or more reference portfolios, calculate an expected market value of the reference portfolio, remove one or more assets from the reference portfolio, re-weight one or more of the remaining assets in the reference portfolio, calculate an actual market value of the reference portfolio, and calculate an adjustment value of the reference portfolio. The one or more processors are further operable to adjust the premium amount and communicate the adjusted premium amount for display.

Abstract: According to one embodiment, a customized financial instrument, defined by at least a plurality of parameters received from a purchaser, includes an agreement by an issuer to make a stream of payments. The stream of payments is defined by the plurality of parameters received from the purchaser. The plurality of parameters includes a first date defining the date for the first payment; at least one of a second date defining the date for the last payment, a number of payments, and a duration for the stream of payments; and information defining payment amounts for each of the payments. The customized financial instrument is associated with an identification code, the identification code being issued by a third-party organization and the identification code being unique to the customized financial instrument defined by at least a plurality of parameters received from a purchaser.