Oklahoma Administrative Code (Last Updated: March 11, 2021) |
TITLE 365. Insurance Department |
Chapter 10. Life, Accident and Health |
Subchapter 9. Annuities |
Part 1. NEW ANNUITY MORTALITY TABLE FOR USE IN DETERMINING RESERVE LIABILITIES FOR ANNUITIES |
SECTION 365:10-9-1. Purpose
Latest version.
- The purpose of this Part is to recognize the following mortality tables for use in determining the minimum standard of valuation for annuity and pure endowment contracts: the 1983 Table "a," the 1983 Group Annuity Mortality (hereinafter 1983 GAM) Table, the Annuity 2000 Mortality Table, the 1994 Group Annuity Reserving (hereinafter 1994 GAR) Table, and the 2012 Individual Annuity Reserving (2012 IAR) Table.