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[lmi] Release notes for lmi-20090429T1300Z


From: Wendy Boutin
Subject: [lmi] Release notes for lmi-20090429T1300Z
Date: Wed, 29 Apr 2009 11:11:00 -0400
User-agent: Thunderbird 2.0.0.21 (Windows/20090302)

Non-MEC solves have been added. For instance, you can solve for
the maximum level employee premium that doesn't produce a MEC at
any duration--or the minimum level specified amount required for
a given non-MEC premium. There used to be an option to increase
specified amount every seven years in order to avoid a MEC, but
that didn't make a lot of sense (for issue age 45, it might have
necessitated a large, underwritten increase at age 94) and has
been removed--a non-MEC solve works better. See:
  http://lists.nongnu.org/archive/html/lmi/2009-03/msg00002.html

The minimum withdrawal amount was formerly ignored, but is now
respected; and withdrawal solves have been improved. Solve ages
before issue or after maturity are now blocked in the GUI instead
of producing a messagebox.

Term rider can again be entered as a proportion of total amount.
For several months, it had mistakenly been ignored.

There's some interest in applying specified-amount changes so as
to preserve the original term rider proportion. Many years ago,
this was implemented in a broken way. Now, a warning is given for
automatic post-issue changes in term amount, which may not work
as expected.

The COI multiplier has been enabled for all users, so that cases
requiring it can be illustrated in the field. Previously, any
value was allowed, but now it's limited to a minimum of ninety
percent (which home-office users can override with a password).

The optional monthly trace of calculations is now easier to use.
In the past, if that file was already open in a spreadsheet that
had locked it, then rerunning the calculation produced no new
trace file. Now, a new file is always produced; if necessary, the
timestamp is added to its name to make it unique, as has always
been done for pdf files. Furthermore, the monthly trace file now
has a spreadsheet extension, so that you can open it simply by
double clicking.

Some inforce fields are relevant for GPT only or for CVAT only.
Now they're grayed out whenever they're not applicable.

When a saved illustration was reloaded and modified, you were
prompted to save the file as soon as you pressed "OK", before the
results were even shown. Fixed.

The appearance of the calculation summary has been improved. See:
  http://lists.nongnu.org/archive/html/lmi/2009-03/msg00016.html

F1 now displays the user manual in the default browser, which is
more familiar to most people than the viewer formerly used.

Quite a few inputs have been renamed more naturally--most notably
on the "Solve" tab.

An "Employee class" field has been added to the group-carveout
GUI, to support plan designs such as
  All partners: $1,000,000
  All others: three times salary, limited to $500,000
Parameters such as the salary multiple can be changed for all
participants in a single operation.

Diagnostic messages are now displayed by a more robust method,
making it easier to address installation issues in field offices.

For one particular agency, a simplified GUI is provided, along
with custom training materials.




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