RP Retirement Product

To specify the retirement product characteristics

Position
Element
Name
Type
Requirement
Min
Max
Repeat
RP01
Maintenance Type Code
Identifier (ID)
Mandatory
3
3
1
Code identifying the specific type of item maintenance
RP02
Insurance Line Code
Identifier (ID)
Optional
2
3
1
Code identifying a group of insurance products
RP03
Maintenance Reason Code
Identifier (ID)
Optional
2
3
1
Code identifying the reason for the maintenance change
RP04
Description
String (AN)
Optional
1
80
1
A free-form description to clarify the related data elements and their content
RP05
Participant Status Code
Identifier (ID)
Optional
1
2
1
Code indicating the status of an individual in a benefit plan
RP06
Yes/No Condition or Response Code
Identifier (ID)
Optional
1
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.
RP07
Special Processing Type
String (AN)
Optional
1
6
1
Type of special processing that is required
RP08
Authority
String (AN)
Optional
1
20
1
Name or code of authority for authorizing action or reservation
RP08 specifies the authorizations granted for transfer of funds via the telephone.
RP09
Plan Coverage Description
String (AN)
Optional
1
50
1
A description or number that identifies the plan or coverage

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