AE calculates an actuarial equivalent early/late retirement
reduction/increase factor based on a normal retirement age (𝑁𝑅𝐴), and an assumed retirement age (𝑅𝐴).
·
If 𝑅𝐴 < 𝑁𝑅𝐴
then AE is the same as the function
AEERF.
·
If 𝑅𝐴 > 𝑁𝑅𝐴 then AE is the same as the
function AELRF.
·
If 𝑅𝐴 = 𝑁𝑅𝐴 then AE returns
a value of 1.
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