Illinois Administrative Code
Title 50 - INSURANCE
Part 935 - THE MINIMUM MORTALITY STANDARD FOR VALUATION OF ANNUITY AND PURE ENDOWMENT CONTRACTS
Section 935.55 - Application of the 1994 GAR Table
Universal Citation: 50 IL Admin Code ยง 935.55
Current through Register Vol. 48, No. 12, March 22, 2024
In using the 1994 GAR Table, the mortality rate for a person age x in year (1994 + n) is calculated as follows:
qx1994 + n = qx1994(1-AAx)n
where the qx1994 and AAx are as specified in the 1994 GAR Table.
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