ANNUITY TABLES definition

ANNUITY TABLES. The amounts set forth in the Annuity Tables for Annuity Options 1 through 4 and 8 depend on the sex (unless unisex rates apply) and age of the Annuitant or the Joint Annuitants on the Annuity Start Date. The Annuity Tables are modified to reflect:
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Examples of ANNUITY TABLES in a sentence

  • ANNUITY TABLES DESCRIPTION OF TABLES The attached tables show the actual first monthly payment for each $1,000 applied to variable annuity payments.

  • The age setback is as follows: DATE OF FIRST PAYMENT AGE SETBACK [Prior to 2005 1 year 2005 - 2014 2 years 2015 - 2019 3 years 2020 - 2029 4 years 2030 - 2039 5 years 2040 or later 6 years] ANNUITY TABLES FOR FIXED PAYMENTS, BASED ON A 2 1/2% ASSUMED INVESTMENT RETURN AMOUNT OF FIRST MONTHLY PAYMENT FOR EACH $1,000 APPLIED Fixed Dollar Annuity payments will not vary and are guaranteed as to fixed dollar amount.

  • ANNUITY TABLES (CONTINUED) The variable payment annuity tables for the First through Fifth Options are based on the 1983a Individual Annuity Mortality Table projected to the year 2000 using Projection Scale G and the Assumed Investment Return.

  • ANNUITY TABLES DESCRIPTION OF TABLES The attached tables show the minimum dollar amount of the first monthly payment for each $1,000 applied to fixed dollar Annuity payments, and the actual first monthly payment for each $1,000 applied to variable Annuity payments.

  • ANNUITY TABLES (CONTINUED) The Annuity tables for the First through Fifth Options are age dependent.

  • FRM ANNUITY TABLES FOR VARIABLE PAYMENTS, BASED ON A [5%] ASSUMED INVESTMENT RETURN AMOUNT OF FIRST MONTHLY PAYMENT FOR EACH $1,000 APPLIED Second and subsequent annuity payments under a variable annuity are based on the investment experience of a Separate Account and are not guaranteed as to fixed dollar amount.

  • ANNUITY TABLES (CONTINUED) The annuity tables for the First through Fifth variable annuity Options are age dependent.

  • The age setback is as follows: DATE OF FIRST PAYMENT AGE SETBACK Prior to 2005 1 year 2005 - 2014 2 years 2015 - 2019 3 years 2020 - 2029 4 years 2030 - 2039 5 years 2040 or later 6 years ANNUITY TABLES FOR FIXED PAYMENTS, BASED ON A 2 1/2% ASSUMED INVESTMENT RETURN Amount of First Monthly Payment For Each $1,000 Applied Fixed Dollar Annuity payments will not vary and are guaranteed as to fixed dollar amount.

  • LIFE ANNUITY TABLES FOR VARIABLE PAYMENTS GUARANTEED AMOUNT OF MONTHLY ANNUITY PAYMENTS PURCHASED WITH EACH $1,000 OF PROCEEDS APPLIED THIS TABLE WILL BE USED FOR NONQUALIFIED CONTRACTS.

  • Calendar Year in which 1st payment is due: Adjusted Age is Actual Age: 2003-2005 2006-2010 2011-2015 2016-2020 minus 1 minus 2 minus 3 minus 4 2021-2025 2026-2030 2031-2035 2036 AND LATER minus 5 minus 6 minus 7 minus 8 LIFE ANNUITY TABLES FOR VARIABLE PAYMENTS GUARANTEED AMOUNT OF MONTHLY ANNUITY PAYMENTS PURCHASED WITH EACH $1,000 OF PROCEEDS APPLIED THIS TABLE WILL BE USED FOR QUALIFIED CONTRACTS.

Related to ANNUITY TABLES

  • 2001 CSO Mortality Table means that mortality table, consisting of separate rates of mortality for male and female lives, developed by the American Academy of Actuaries CSO Task Force from the valuation basic mortality table developed by the Society of Actuaries Individual Life Insurance Valuation Mortal- ity Task Force, and adopted by the NAIC in December 2002. The 2001 CSO mortality table is included in the Proceedings of the NAIC (2nd Quarter 2002) and is supplemented by the 2001 CSO preferred class structure mortality table and may be obtained from the office. Unless the context indicates otherwise, the “2001 CSO mortality table” includes both the ultimate form of that table and the select and ultimate form of that table and includes both the smoker and nonsmoker mortality tables and the composite mor- tality tables. It also includes both the age−nearest−birthday and age−last−birthday bases of the mortality tables.

  • Annuity means a stated sum payable periodically at stated times during life or during a specified or ascertainable period of time under an obligation to make the payments in return for adequate and full consideration in money or money's worth.

  • Composite mortality tables means mortality tables with rates of mortality that do not distinguish between smokers and nonsmokers.

  • Single Life Annuity means an annuity payable for the life of a Participant.

  • life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;