Statutes, codes, and regulations
Utah Administrative Code
InsuranceTitle R590 - Administration
Rule R590-96 - Mortality Tables for Determining Reserve Liabilities for Annuities
Section R590-96-7 - Application of the 1994 GAR Table

Utah Admin. Code 590-96-7

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Current through Bulletin 2024-19, October 1, 2024
Section R590-96-7 - 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 is a mortality rate applicable to a person age x in the 1994 GAM Table and AAx is an annual mortality improvement factor applicable to a person age x in the Projection scale AA.

Utah Admin. Code R590-96-7

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