Notice Filed with SOS |
08/31/2016 |
Rule |
ProposedRuleAttach2016-00432.doc |
Statutory Authority |
10-1-109 and 10-7-309(2)(a) |
Description of Subjects/Issues |
The purpose of this regulation 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 (1983 GAM) Table, the Annuity 2000 Mortality Table, 2012 IAR Mortality Table (2012 IAR) and the 1994 Group Annuity Reserving (1994 GAR) Table. |
Purpose/Objective of Rule |
The purpose of this regulation 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 (1983 GAM) Table, the Annuity 2000 Mortality Table, 2012 IAR Mortality Table (2012 IAR) and the 1994 Group Annuity Reserving (1994 GAR) Table. |
Comments |
Karl Kaesemeyer, Lynne McChrystal |
Submitted in response to issues raised by COLS/OLLS? |
No
|
Is this rule adopted in response to recent legislation? |
No
|
Hearing Date |
10/04/2016 |
Hearing Time |
10:30 AM |
Hearing Location |
1560 Broadway, Ste 850, Denver CO 80202 |
Contact Name |
Christine Gonzales-Ferrer |
Contact Title |
Rulemaking Coordinator |
Contact Telephone |
303-894-2157 |
Contact email |
christine.gonzales-ferrer@state.co.us |