Minn. R. 2740.9979

Current through Register Vol. 48, No. 51, June 17, 2024
Part 2740.9979 - BASIC BACKGROUND FOR EXAMPLES
Subpart 1.Inflation assumptions for 1985.

The examples which follow assume that the actuarial equivalence of a series of plans is being calculated for calendar year 1985. Inflation was assumed to be 15.5 percent and 8.0 percent for hospital related and all other services, respectively.

Subp. 2.Values published by commissioner for 1985.

ASP value for 1984190*
ASP value for current year (1985*)220*
SURG value for 19844,000.00
SURG value for current year (1985*)4,320.00*
ASP factor for 1985*1.155*
SURG factor for 1985*1.080*
COMP factor for 1985*1.121*

*Estimated. Please substitute the actual values.

Subp. 3.Point values for qualified plans in 1985.

The following are the revised point values used to determine plans which are actuarially equivalent to qualified plans 1, 2, and 3 for 1985.

Qualified Plan NumberIf plan has the indicated number of points then plan is actuarially equivalent to the qualified plan in:
19841985
31192 + points1216 + points
2911 + points957 + points
1767 + points847 + points
NonqualifiedLess than 767Less than 847

Minn. R. 2740.9979

10 SR 474

Statutory Authority: MS s 62E.09