TABLE OF RATES. A. RATE TABLE Maximum Monthly Rates per Required Additional Death Age/1/ $1,000 of Net Amount at Risk/2/ Benefit Factor ---------------------------------------------------------------------------- 35 .140 4.2907 36 .147 4.1482 37 .156 4.0105 38 .166 3.8777 39 .178 3.7496 40 .191 3.6262 41 .206 3.5073 42 .221 3.3929 43 .238 3.2827 44 .256 3.1767 45 .277 3.0745 46 .299 2.9762 47 .323 2.8817 48 .349 2.7907 49 .379 2.7031 50 .410 2.6189 51 .446 2.5378 52 .489 2.4599 53 .537 2.3851 54 .592 2.3134 55 .654 2.2448 56 .722 2.1791 57 .794 2.1162 58 .872 2.0560 59 .960 1.9983 60 1.059 1.9431 61 1.169 1.8903 62 1.294 1.8398 63 1.437 1.7916 64 1.598 1.7457 65 1.778 1.7020
1. On a Policy anniversary, "age" means the age of the Insured at his or her birthday nearest that date. That "age" will apply until the next anniversary.
TABLE OF RATES. ORP Level 1 - Process Worker 30.29 32.29 33.42 34.59 Level 2 - Machine Operator 32.83 34.83 36.05 37.31 Level 3 - Leading Hand 35.40 37.40 38.71 40.06 Level 4 - Supervisor 40.43 42.43 43.92 45.46 2.1 Refer to clause 47.3 for casual Team Members.
TABLE OF RATES. The following table shows the amount of monthly annuity benefit provided by each $1,000 of Accumulation Value at the age of the payee on the date payments begin. 59 $ 4.59 $ 4.49 65 59 $ 4.57 $ 3.04 60 4.70 4.57 65 60 4.61 3.07 61 4.80 4.66 65 61 4.65 3.10 62 4.92 4.76 65 62 4.70 3.13 63 5.04 4.85 65 63 4.74 3.16 64 5.16 4.95 65 64 4.78 3.19 65 5.29 5.04 65 65 4.82 3.22 66 5.43 5.15 65 66 4.87 3.24 67 5.57 5.25 65 67 4.91 3.27 68 5.72 5.35 65 68 4.94 3.30 69 5.87 5.45 65 69 4.98 3.32 70 6.03 5.55 65 70 5.02 3.35 71 6.20 5.65 65 71 5.05 3.37 72 6.36 5.74 73 6.53 5.83 74 6.71 5.92 75 6.88 6.00 59 $ 4.30 60 4.38 61 4.46 62 4.54 63 4.63 64 $ 4.72 65 4.82 66 4.92 67 5.03 68 5.14 69 $ 5.25 70 5.38 71 5.51 72 5.63 73 5.77 74 $ 5.92 75 6.06 76 6.22 77 6.39 78 6.54 The amount of monthly annuity benefit provided by these tables is based on the guaranteed interest rate of 3% per year. If a higher amount of interest is declared by the Company, the amount of each monthly annuity benefit will be increased. The Company will calculate amounts for ages and other forms of annuities not shown. These calculations will be based on the same actuarial assumptions. Such information will be furnished upon request. MUTUAL OF AMERICA LIFE INSURANCE COMPANY 000 XXXX XXXXXX XXX XXXX XX 00000-0000 · 000 000 0000 (hereafter called the “Company”) Individual Retirement Annuity Contract 3814-IRA is hereby amended, effective as of its Date of Issue, as follows:
1. The TYPES OF ACCOUNTS provision is changed to read: TYPES OF ACCOUNTS. The Company maintains the following Investment Accounts under this Contract: Interest Accumulation Account The General Account All America Account The All America Fund of the Separate Account Money Market Account The Money Market Fund of the Separate Account Bond Account The Bond Fund of the Separate Account Composite Account The Composite Fund of the Separate Account Equity Index Account The Equity Index Fund of the Separate Account Mid-Term Bond Account The Mid-Term Bond Fund of the Separate Account Mid-Cap Equity Index Account The Mid-Cap Equity Index Fund of the Separate Account Aggressive Allocation Account The Aggressive Allocation Fund of the Separate Account Moderate Allocation Account The Moderate Allocation Fund of the Separate Account Conservative Allocation Account The Conservative Allocation Fund of the Separate Account Small Cap Value Account The Small Cap Value Fund of the Separate Account Small Cap Growth Account The Small Cap Growth Fund of the...
TABLE OF RATES. TABLE A - GUARANTEED MONTHLY PAYMENTS FOR PERIOD CERTAIN FOR EACH $1,000 OF ACCOUNT VALUE
TABLE OF RATES. From August 28, 2023 From April 1, 2024 From August 28, 2024 Coordinators: Clinical support:
TABLE OF RATES. TABLE A - GUARANTEED MONTHLY PAYMENTS FOR PERIOD CERTAIN FOR EACH $1,000 OF ACCOUNT VALUE Payment Period (Years) Amount of Each Monthly Payment Payment Period (Years) Amount of Each Monthly Payment Payment Period (Years) Amount of Each Monthly Payment 5 $ 17.49 11 $ 8.42 17 $ 5.77 6 14.72 12 7.80 18 5.50 7 12.74 13 7.26 19 5.26 8 11.25 14 6.81 20 5.04 9 10.10 15 6.42 10 9.18 16 6.07 Amount necessary to purchase $1 of monthly income 55 $ 263.21 $ 265.32 56 257.06 259.47 57 250.86 253.60 58 244.63 247.74 59 238.38 241.89 60 232.11 236.06 61 225.83 230.26 62 219.57 224.49 63 213.31 218.76 64 207.10 213.08 65 200.93 207.45 66 194.81 201.89 67 188.73 196.37 68 182.67 190.91 69 176.60 185.49 70 170.51 180.13 71 164.37 174.83 72 158.20 169.62 73 152.04 164.53 74 145.87 159.57 75 139.72 154.75 55 $ 3.80 $ 3.77 56 3.89 3.85 57 3.99 3.94 58 4.09 4.04 59 4.19 4.13 60 4.31 4.24 61 4.43 4.34 62 4.55 4.45 63 4.69 4.57 64 4.83 4.69 65 4.98 4.82 66 5.13 4.95 67 5.30 5.09 68 5.47 5.24 69 5.66 5.39 70 5.86 5.55 71 6.08 5.72 72 6.32 5.90 73 6.58 6.08 74 6.86 6.27 75 7.16 6.46 The rates set forth in Table B and Table C above are based on mortality according to the “GAMO1 Table”, with 2% interest and no loading. The GAMO1 Table was developed by projecting, according to Projection Scale AA the mortality rates of the 1994 Group Annuity Reserving Table to 2001, with additional projection of one year for each year that the age exceeds 65. Male and female mortality rates were projected separately, and the resulting projected tables were blended using 2/3 of the female mortality rate and 1/3 of the male mortality rate at each age to produce the GAMO1 Table. A person’s age for the purpose of the foregoing tables shall be such person’s age at their last birthday before payments under the annuity benefit are to begin to such person, plus the fraction of a year corresponding to the number of completed months from such birthday to the date such payments begin. Amounts required for ages not shown and for other forms of annuity shall be calculated by the Company on the same actuarial assumptions and shall be furnished upon request. The rates set forth in Table A, Table B, and Table C above may be changed by the Company in accordance with subsection 8.16 of this Contract.
TABLE OF RATES. The Amount Of Monthly Annuity Payable On The Life Annuity Form Provided By $1,000 Of A Participant’s Account Balance
TABLE OF RATES. TABLE A - GUARANTEED MONTHLY PAYMENTS FOR PERIOD CERTAIN FOR EACH $1,000 OF ACCOUNT VALUE TABLE C - MONTHLY AMOUNT PURCHASED PER $1,000 OF ACCOUNT VALUE
TABLE OF RATES. Term Meaning
1.1 If there are any errors in the table below, the formula set out in the table above applies.
TABLE OF RATES. Annualised Wage Grade 1 - Process Worker $73,027.76 $75,948.87 $78,607.08 $81,358.33 Grade 2 - Process Worker $74,703.20 $77,691.33 $80,410.53 $83,224.90 Grade 3 - Process Worker $76,351.60 $79,405.66 $82,184.86 $85,061.33 Grade 3 – Machine Operator $113,501.44 $118,041.50 $122,172.95 $126,449.00 Grade 4 – Machine Operator $116,907.96 $121,584.28 $125,839.73 $130,244.12 Grade 5 – Machine Operator $120,343.08 $125,156.80 $129,537.29 $134,071.10 Grade 6 – Machine Operator $127,911.68 $133,028.15 $137,684.14 $142,503.08
