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Home > Processes > Regular Payments > Annuitant Update Types > Annuitant Update Type: Inv Switch

Annuitant Update Type: Inv Switch

Note:

The INV SWITCH update type is available only for LIVING ANNUITIES.  The purpose of this update type is to alert you to the fact that an investment switch may be needed.  For details of the switching process refer to

Processes

Switches

    Switching

 

From the JU4DB Annuitant Process screen, highlight INV SWITCH, then click PROCESS UPDATE.

 

 

Note:

This is applicable if the member chose to switch to another portfolio or if the fund rules specify that the member needs to switch to another portfolio upon becoming a living annuitant.

 

The JU3AH Switch from Investments List screen will be displayed.

 

 

After the relevant unit price has been loaded and the switch has been processed, click CLOSE to return to the JU4DB Annuitant Process screen, then click CLOSE UPDATE.