Idaho Admin. Code r. 18.07.02.010

Current through September 2, 2024
Section 18.07.02.010 - DEFINITIONS
01.1983 Table 'a'. The mortality table developed by the Society of Actuaries (SOA) Committee for Individual Annuity Valuation in 1981 and in June 1982 by the National Association of Insurance Commissioners (NAIC).
02.1983 GAM Table. The mortality, table developed by the SOA Committee on Annuities and adopted as a recognized mortality table for annuities in December 1983 by the NAIC.
03.1994 GAR Table. The mortality table developed by the (SOA) Group Annuity Valuation Table Task Force and shown on pages 866-867 of Volume 47 of the Transactions of Society of Actuaries 1995.
04.2012 Individual Annuity Mortality Period Life (2012 IAM Period) Table. The Period Table loaded mortality rates for calendar year 2012. This table contains rates, qx2012, developed by the (SOA) Committee on Life Insurance Research.
05.2012 Individual Annuity Reserving (2012 IAR) Table. The generational mortality table developed by the (SOA) Committee on Life Insurance Research and containing rates, qx2012+n derived from a combination of the 2012 IAM Period Table and Scale G2, using the method Section 014.
06.Annuity 2000 Mortality Table. The mortality table developed by the (SOA) Committee on Life Insurance Research.
07.Generational Mortality Table. A mortality table with mortality rates that decrease for a given age from one year to the next based on a combination of a Period Table and a projection scale containing mortality-improvement rates.
08.Period Table. A table of mortality rates applying to a given calendar year (the Period).
09.Projection Scale G2 (Scale G2). A table of annual rates, G2x, of mortality improvement by age for projecting future mortality rates beyond calendar year 2012. This table was developed by the (SOA) Committee on Life Insurance Research.

Idaho Admin. Code r. 18.07.02.010

Effective April 6, 2023