Section 410:6 - Computation of Minimum Standards for AnnuitiesI. Except as provided in RSA 410:7, the minimum standard for the valuation for individual annuity and pure endowment contracts issued on or after the operative date of this section and for annuities and pure endowments purchased on or after the operative date under group annuity and pure endowment contracts, shall be the commissioner's reserve valuation methods defined in RSA 410:8 and 410:9 and the following tables and interest rates: (a) For individual annuity and pure endowment contracts issued prior to August 1, 1979, excluding any disability and accidental death benefits in those contracts: the 1971 Individual Annuity Mortality Table, or any modification of this table approved by the commissioner, and 6 percent interest for single premium immediate annuity contracts and 4 percent interest for all other individual annuity and pure endowment contracts.(b) For individual single premium immediate annuity contracts issued on or after August 1, 1979, excluding any disability and accidental death benefits in those contracts: the 1971 Individual Annuity Mortality Table or any individual annuity mortality table adopted after 1980 by the National Association of Insurance Commissioners, that is approved by rule adopted by the commissioner pursuant to RSA 541-A for use in determining the minimum standard of valuation for these contracts, or any modification of these tables approved by the commissioner, and 7 1/2 percent interest.(c) For individual annuity and pure endowment contracts issued on or after August 1, 1979, other than single premium immediate annuity contracts, excluding any disability and accidental death benefits in those contracts: the 1971 Individual Annuity Mortality Table or any individual annuity mortality table, adopted after 1980 by the National Association of Insurance Commissioners, that is approved by rule adopted by the commissioner pursuant to RSA 541-A for use in determining the minimum standard of valuation for these contracts, or any modification of these tables approved by the commissioner, and 5 1/2 percent interest for single premium deferred annuity and pure endowment contracts and 4 1/2 percent interest for all other individual annuity and pure endowment contracts.(d) For all annuities and pure endowments purchased prior to August 1, 1979, under group annuity and pure endowment contracts, excluding any disability and accidental death benefits purchased under those contracts: the 1971 Group Annuity Mortality Table or any modification of this table approved by the commissioner, and 6 percent interest.(e) For all annuities and pure endowments purchased on or after August 1, 1979, under group annuity and pure endowment contracts, excluding any disability and accidental death benefits purchased under those contracts: the 1971 Group Annuity Mortality Table, or any group annuity mortality table adopted after 1980 by the National Association of Insurance Commissioners, that is approved by rule adopted by the commissioner pursuant to RSA 541-A for use in determining the minimum standard of valuation for annuities and pure endowments, or any modification of these tables approved by the commissioner, and 7 1/2 percent interest.II. After September 1, 1973, any company may file with the commissioner a written notice of its election to comply with the provisions of this section after a specified date before January 1, 1979, which shall be the operative date of this section for that company. If a company makes no election, the operative date of this section for that company shall be January 1, 1979.Amended by 2013 , 221: 1, eff. 1/1/2014. 2013, 221 : 1 , eff. Jan. 1, 2014.