Servicing a plurality of longevity-contingent assets with shared liabilities

A computing device of a computing system, the computing device comprises:

• an interface;
• a local memory;
• and
• a processing module operably coupled to the interface and the local memory, wherein the processing module functions to:
• identify a payout of one or more longevity-contingent assets of a plurality of longevity-contingent assets, wherein a first longevity-contingent asset of the plurality of longevity-contingent assets is associated with a first periodic premium payment of a plurality of periodic premium payments, wherein a benefit cash account is utilized to accrue a portion of the payout;
• determine a first portion of the payout to associate with the benefit cash account in accordance with a longevity-contingent asset de-construction approach;
• and
• determine a second portion of the payout to associate with one or more debtors in accordance with the first portion of the payout, wherein the second portion of the payout is utilized to fund an aggregated payment of the plurality of periodic premium payments.

A computer readable memory comprises:

• a first memory element that stores operational instructions that, when executed by a processing module, causes the processing module to:
• identify a payout of one or more longevity-contingent assets of a plurality of longevity-contingent assets, wherein a first longevity-contingent asset of the plurality of longevity-contingent assets is associated with a first periodic premium payment of a plurality of periodic premium payments, wherein a benefit cash account is utilized to accrue a portion of the payout;
• a second memory element that stores operational instructions that, when executed by the processing module, causes the processing module to:
• determine a first portion of the payout to associate with the benefit cash account in accordance with a longevity-contingent asset de-construction approach;
• and
• a third memory element that stores operational instructions that, when executed by the processing module, causes the processing module to:
• determine a second portion of the payout to associate with one or more debtors in accordance with the first portion of the payout, wherein the second portion of the payout is utilized to fund an aggregated payment of the plurality of periodic premium payments.