Md. Code Regs. 31.05.04.08

Current through Register Vol. 51, No. 24, December 2, 2024

Section 31.05.04.08 - Application of the 2012 IAR Table

A. In using the 2012 IAR Table, the mortality rate for a person age x in year (2012 + n) is calculated as follows:

q_x²⁰¹²⁺ⁿ = q_x²⁰¹²(1 - G2_x)ⁿ.

B. The resulting q_x²⁰¹²⁺ⁿ, as calculated in §A of this regulation, shall be rounded to three decimal places per 1,000.

C. The rounding described in §B of this regulation shall occur according to the formula in §A of this regulation, starting at the 2012 period table rate.

Md. Code Regs. 31.05.04.08

Regulation .08 effective May 24, 2004 (31:10 Md. R. 796); amended effective January 1, 2015 (41:22 Md. R. 1320)