N.M. Admin. Code § 13.9.11.7

Current through Register Vol. 35, No. 24, December 23, 2024

Section 13.9.11.7 - DEFINITIONS

As used in this rule:

A."1983 table a" means the mortality table developed by the society of actuaries committee to recommend a new mortality basis for individual annuity valuation and adopted as a recognized mortality table for annuities in June, 1982 by the national association of insurance commissioners.

B."1983 GAM table" means the mortality table developed by the society of actuaries committee on annuities and adopted as a recognized mortality table for annuities in December, 1983 by the national association of insurance commissioners.

C."1994 GAR table" means that mortality table developed by the society of actuaries group annuity valuation table task force and shown on pages 865-919 of Volume XLVII of the Transactions of the Society of Actuaries (1995).

D."Annuity 2000 mortality table" means that mortality table developed by the society of actuaries committee on life insurance research and shown on pages 211-249 of Volume XLVII of the Transactions of the Society of Actuaries (1995).

N.M. Admin. Code § 13.9.11.7

12/31/85, 1/1/99; Recompiled 11/30/01