Mortality Table definition
Examples of Mortality Table in a sentence
The minimum guaranteed income purchased per $1,000 of the net amount applied to a fixed annuity is based on an annual interest rate of 3% and the 1983a Mortality Table with the ages set back ten (10) years.
The actuarial basis for the fixed Annuity Option Tables is the 1983a Annuity Mortality Table with the ages set back ten (10) years with interest at an annual rate of 3%.
BASIS OF COMPUTATION The actuarial basis for the Table of Annuity Rates is the 1983a Annuity Mortality Table with projection and a guaranteed interest rate of 3%.
The actuarial present value shall be computed using (i) the interest rate used in the annual actuarial valuation (7.0% as of December 31, 2010) plus 0.5% and (ii) the mortality table used in the annual actuarial valuation (RP2000 Mortality Table projected to 2020 with scale AA as of December 31, 2010) with a 50% unisex blend.
The guaranteed purchase rates are based on the Annuity Mortality Table and the Minimum Annual Annuity Payment Rate shown on the Contract Schedule.