South Dakota Administrative Rules
Title 20 - PUBLIC SAFETY
Article 20:06 - INSURANCE
Chapter 20:06:43 - Annuity mortality tables
Section 20:06:43:02.01 - Application of the 2012 IAR Mortality Table
Universal Citation: SD Admin Rules 20:06:43:02.01
Current through Register Vol. 50, page 114, March 25, 2024
In using the 2012 IAR Mortality Table, the mortality rate for a person age x in year (2012 + n) is calculated as follows:
qx2012+n=qx2012(1-G2 x)n
The resulting qx2012+n shall be rounded to three decimal places per 1,000, e.g., 0.741 deaths per 1,000. Also, the rounding shall occur according to the formula above, starting at the 2012 period table rate.
General Authority: SDCL 58-26-69.
Law Implemented: SDCL 58-26-69.
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