Code of Maryland Regulations
Title 31 - MARYLAND INSURANCE ADMINISTRATION
Subtitle 05 - ASSETS, LIABILITIES, RESERVES, AND INVESTMENTS OF INSURERS
Chapter 31.05.05 - Valuation Standards for Group Annuity and Pure Endowment Contracts
Section 31.05.05.06 - Application of the 1994 GAR Table
Universal Citation: MD Code Reg 31.05.05.06
Current through Register Vol. 51, No. 19, September 20, 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 AAxs are as specified in the 1994 GAR Table.
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