D.C. Municipal Regulations (Last Updated: September 13, 2017) |
Title 26. INSURANCE, SECURITIES, AND BANKING |
SubTilte 26-A. INSURANCE |
Chapter 26-A11. ANNUITY MORTALITY TABLES |
Section 26-A1102. APPLICATION OF THE 1994 GAR TABLE
Latest version.
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1102.1In using the 1994 GAR Table, the mortality rate for a person age x in year (1994 + n) is calculated as follows:
q[x]<1994 + n> = q[x]<1994> (1 - AA[x])
where the q[x]<1994> and AA[x]s are as specified in the 1994 GAR Table.
authority
Section 28 of the Life Insurance Act, effective March 14, 1985 (D.C. Law 5-160; D.C. Official Code § 31-4728 (1998 Repl.)), and the Department of Insurance and Securities Regulation Establishment Act of 1996, effective May 21, 1997 (D.C. Law 11-268; D.C. Official Code § 31-103(a)(1) (1998 Repl.)).
source
Final Rulemaking published at 47 DCR 2414 (April 7, 2000).