TITLE 50: INSURANCE
CHAPTER I: DEPARTMENT OF INSURANCE
SUBCHAPTER l: PROVISIONS APPLICABLE TO ALL COMPANIES
PART 935 THE MINIMUM MORTALITY STANDARD FOR VALUATION OF ANNUITY AND PURE ENDOWMENT CONTRACTS
SECTION 935.20 PURPOSE


 

Section 935.20  Purpose

 

The purpose of this Part is to recognize the following mortality tables for use in determining the minimum standard of valuation of annuity and pure endowment contracts:  the 1983 Table "a", the 1983 Group Annuity Mortality (1983 GAM) Table, the Annuity 2000 Mortality Table, 1994 Group Annuity Reserving (1994 GAR) Table, and the 2012 Individual Annuity Reserving (2012 IAR) Table.

 

(Source:  Amended at 38 Ill. Reg. 12862, effective January 1, 2015)