This sounds simple. There are 365 days in a year so YearValue*365, right? Unfortunately no. There is not 365 days in every year, this in itself makes me sad. But I digress.
So I am trying to figure out what a persons "mandatory retirement date" would be based off of certain criteria. The certain criteria part is easy, what I am having trouble with is excel calculating the right date.
For example; If I entered in 2009/08/17 and have reached a position where my mandatory retirement date is 20 years later, on the last day of the month, then my retirement date should be 2029/08/31.
There are other instances where 20 is not always the answer either, there are instances where it could be 8, 13, 20, 22, 27, and 30. HOWEVER, if the separation date is less than 20 years, i.e. 8 or 13, then the retirement date is on the same day they are to be released.
For example; 2009/08/17 and did not reach a certain position, now my mandatory separation date is 13 years, which would be 2022/08/17.
Can anyone help me figure this out?
So I am trying to figure out what a persons "mandatory retirement date" would be based off of certain criteria. The certain criteria part is easy, what I am having trouble with is excel calculating the right date.
For example; If I entered in 2009/08/17 and have reached a position where my mandatory retirement date is 20 years later, on the last day of the month, then my retirement date should be 2029/08/31.
There are other instances where 20 is not always the answer either, there are instances where it could be 8, 13, 20, 22, 27, and 30. HOWEVER, if the separation date is less than 20 years, i.e. 8 or 13, then the retirement date is on the same day they are to be released.
For example; 2009/08/17 and did not reach a certain position, now my mandatory separation date is 13 years, which would be 2022/08/17.
Can anyone help me figure this out?