Statutes, codes, and regulations
Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-1-076 - ALABAMA PROCEDURES FOR RECOGNIZING A NEW ANNUITY MORTALITY TABLE FOR USE IN DETERMINING RESERVE LIABILITIES FOR ANNUITIES
Section 482-1-076-.06 - Application Of The 1994 GAR Table

Ala. Admin. Code r. 482-1-076-.06

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Current through Register Vol. 43, No. 02, November 27, 2024
Section 482-1-076-.06 - Application Of The 1994 GAR Table

In using the 1994 GAR Table, the mortality rate for a person age x in year (1994 + n) is calculated as follows:

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where the qx1994s and AAxs are as specified in the 1994 GAR Table.

Ala. Admin. Code r. 482-1-076-.06

New Rule: December 6, 1985; effective December 16, 1985. Revised: October 23, 1998; effective January 1, 1999. Filed for codification in the Alabama Administrative Code by the Department of Insurance on January 17, 2003, pursuant to the Code of Ala. 1975, § 27-7-43.
Amended by Alabama Administrative Monthly Volume XXXII, Issue No. 11, August 29, 2014, eff. 6/24/2015.
Amended by Alabama Administrative Monthly Volume XLII, Issue No. 09, June 28, 2024, eff. 7/1/2024.

Author: Reyn Norman, Associate Counsel

Statutory Authority:Code of Ala. 1975, §§ 27-2-17 and 27-36A-1 to 27-36A-20.