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Virginia Administrative Code (Last Updated: January 10, 2017) |
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Title 14. Insurance |
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Agency 5. State Corporation Commission, Bureau of Insurance |
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Chapter 50. Rules Governing New Annuity Mortality Tables for Use in Determining Reserveliabilities for Annuities |
Section 41. Application of the 1994 GAR Table
Latest version.
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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.
Historical Notes
Derived from Volume 14, Issue 03, eff. October 15, 1997; amended, Virginia Register Volume 30, Issue 05, eff. January 1, 2015.