Thank you for this. As you note, this seems like a very important insight / clarification, for power- accrual / status-accrual based plans. In general, I observe people thinking only very vaguely about these kinds of plans, and this post gives me a sense of the kind of crisp modeling that is possible here.
Thank you for this. As you note, this seems like a very important insight / clarification, for power- accrual / status-accrual based plans. In general, I observe people thinking only very vaguely about these kinds of plans, and this post gives me a sense of the kind of crisp modeling that is possible here.