Statutes, codes, and regulations
Utah Administrative Code
InsuranceTitle R590 - Administration
Rule R590-96 - Mortality Tables for Determining Reserve Liabilities for Annuities
Section R590-96-6 - Group Annuity or Pure Endowment Contracts

Utah Admin. Code 590-96-6

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Current through Bulletin 2024-20, October 15, 2024
Section R590-96-6 - Group Annuity or Pure Endowment Contracts
(1) A group annuity or a pure endowment contract issued on or after April 2, 1980, and before July 1, 1985, at the option of the company, may be valued using the following tables:
(a) the 1983 GAM Table;
(b) the 1983 Table (a); or
(c) the 1994 GAR Table.
(2) A group annuity or a pure endowment contract issued on or after July 1, 1985, and before July 1, 1999, shall be valued using the following tables:
(a) the 1983 GAM Table; or
(b) the 1994 GAR Table.
(3) A group annuity or a pure endowment contract issued on or after July 1, 1999, shall be valued using the 1994 GAR Table.

Utah Admin. Code R590-96-6

Amended by Utah State Bulletin Number 2021-19, effective 9/22/2021