28 Tex. Admin. Code § 3.1501

Current through Reg. 49, No. 44; November 1, 2024

Section 3.1501 - Purpose

The purpose of this subchapter is to approve and adopt the following mortality tables and establish the effective dates of their use in determining the minimum standard of valuation for annuity and pure endowment contracts:

(1) the 1983 Table "a";

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(2) the 1983 GAM Table;

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(3) the Annuity 2000 Mortality Table;

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(4) the 1994 GAR Table; and

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(5) the 2012 Individual Annuity Reserving (2012 IAR) Table which, under § 3.1506 of this title (relating to Application of the 2012 IAR Mortality Table), is derived from the following tables:

(A) the 2012 Individual Annuity Mortality Period Life (2012 IAM Period) Table; and

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(B) the Projection Scale G2 (Scale G2) table of annual rates.

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28 Tex. Admin. Code § 3.1501

The provisions of this §3.1501 adopted to be effective October 8, 1985, 10 TexReg 3688; amended to be effective December 22, 1999, 24 TexReg 11393; amended to be effective March 4, 2014, 39 TexReg 1394