Statutes, codes, and regulations
Maryland Administrative code
Title 31 - MARYLAND INSURANCE ADMINISTRATIONSubtitle 05 - ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS
Chapter 31.05.05 - Valuation Standards for Group Annuity and Pure Endowment Contracts
Section 31.05.05.06 - Application of the 1994 GAR Table

Md. Code Regs. 31.05.05.06

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Current through Register Vol. 51, No. 22, November 1, 2024
Section 31.05.05.06 - 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:

qx1994+n = qx1994(1-AAx)n

where the qx1994 and AAxs are as specified in the 1994 GAR Table.

Md. Code Regs. 31.05.05.06