RP Retirement Product
RP Retirement Product
To specify the retirement product characteristics
Position
Element
Name
Type
Requirement
Min
Max
Repeat
RP-01
Maintenance Type Code
Identifier (ID)
Mandatory
3
3
-
Code identifying the specific type of item maintenance
RP-02
Insurance Line Code
Identifier (ID)
Optional
2
3
-
Code identifying a group of insurance products
RP-03
Maintenance Reason Code
Identifier (ID)
Optional
2
3
-
Code identifying the reason for the maintenance change
RP-04
Description
String (AN)
Optional
1
80
-
A free-form description to clarify the related data elements and their content
RP-05
Participant Status Code
Identifier (ID)
Optional
1
2
-
Code indicating the status of an individual in a benefit plan
RP-06
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
1
-
Code indicating a Yes or No condition or response
RP06 is the eligibility indicator. A "Y" value indicates the participant is eligible for plan allocations; an "N" value indicates the participant is not eligible for plan allocations.
RP-07
Special Processing Type
String (AN)
Optional
1
6
-
Type of special processing that is required
RP-08
Authority
String (AN)
Optional
1
20
-
Name or code of authority for authorizing action or reservation
RP08 specifies the authorizations granted for transfer of funds via the telephone.
RP-09
Plan Coverage Description
String (AN)
Optional
1
50
-
A description or number that identifies the plan or coverage