Accumulated Deficiency definition
Accumulated Deficiency means the projected Working Reserve, if any, less the annual statement value of projected assets and measured as of the projection start date and as of the end of each projection year. (This definition applies to Life & Annuity products only)
Accumulated Deficiency means an amount measured as of the projection start date and as of the end of each projection year used in the calculation of the Scenario Reserve.
Accumulated Deficiency means an amount measured as of the projection start date and as of the end of each projection year used in the calculation of the Scenario Reserve and is equal to the negative of the annual statement value of projected assets.