Mortality Table definition

Mortality Table means the mortality table used to convert annuities to lump sums in the Pension Plan.
Mortality Table means the Unisex Pension 1984 Mortality Table set forward one year in age (or such other pensioner annuity mortality table as the Company with the written consent of the Employee or Recipient shall determine) and the associated Uniform Seniority Table for the determination of joint life expectancies.
Mortality Table means the mortality table used to value liabilities for Pension Plan funding purposes.

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.


More Definitions of Mortality Table

Mortality Table. The Unisex Pension 1984 Table.
Mortality Table means the UP-1984 Table (or such other pensioner annuity mortality table as the Company with the written consent of the Director shall determine).
Mortality Table means the mortality table attached hereto as Exhibit C.
Mortality Table means a table based on records of deaths. It shows for various ages how many persons died at a specified age, compared to how many reached that age.
Mortality Table means the Unisex Pension Plan 1984 Mortality Table (set forward one year in age) or such other pensioner annuity mortality table as the Company with the written consent of the Employee or Recipient shall determine and the associated Uniform Seniority Table for the determination of joint life expectancies, provided that for distributions with annuity starting dates after December 31, 2002 the Mortality Table used for purposes of adjusting any benefit for purposes of Sections 417(e) and 415(b)(2) of the Code shall be the 1994 GAR Table prescribed in Rev. Rul. 2001-62, based upon a fixed blend of 50 percent of the unloaded male mortality rates and 50 percent of the unloaded female mortality rates underlying the 1994 Group Annuity Reserving Table, projected to 2002."
Mortality Table the table specified in Section 417(e)(3)(A)(ii)(I) of the Code.
Mortality Table means the mortality table provided to the Seller by the Purchaser (or the Master Servicer on its behalf) and attached hereto as Exhibit C. Any supplement thereto must be approved in writing by the Purchaser and the Trustee in accordance with the terms of the Trust Agreement.