RP Retirement Product

To specify the retirement product characteristics

Position: RP-01 · Element: 875 · Name: Maintenance Type Code · Type: Identifier (ID) · Requirement: Mandatory · Min: 3 · Max: 3 · Repeat: -

Code identifying the specific type of item maintenance.

Position: RP-02 · Element: 1205 · Name: Insurance Line Code · Type: Identifier (ID) · Requirement: Optional · Min: 2 · Max: 3 · Repeat: -

Code identifying a group of insurance products.

Position: RP-03 · Element: 1203 · Name: Maintenance Reason Code · Type: Identifier (ID) · Requirement: Optional · Min: 2 · Max: 3 · Repeat: -

Code identifying the reason for the maintenance change.

Position: RP-04 · Element: 352 · Name: Description · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 80 · Repeat: -

A free-form description to clarify the related data elements and their content.

Position: RP-05 · Element: 1295 · Name: Participant Status Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 2 · Repeat: -

Code indicating the status of an individual in a benefit plan

Position: RP-06 · Element: 1073 · Name: Yes/No Condition or Response Code · Type: Identifier (ID) · Requirement: Optional · Min: 1 · Max: 1 · Repeat: -

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.

Position: RP-07 · Element: 1296 · Name: Special Processing Type · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 6 · Repeat: -

Type of special processing that is required

Position: RP-08 · Element: 151 · Name: Authority · Type: String (AN) · Requirement: Optional · Min: 1 · Max: 20 · Repeat: -

Name or code of authority for authorizing action or reservation.

RP08 specifies the authorizations granted for transfer of funds via the telephone.