§ 85.37. Computing dollar amounts of benefits.
In computing the dollar amounts of variable benefits or other contractual payments or values under an individual variable annuity contract the following requirements shall apply:
(1) The annual net investment increment assumption shall not exceed 6%, except with the approval of the Department.
(2) To the extent that the level of benefits may be affected by mortality results, the mortality factor shall be determined from the Annuity Mortality Table for 1949, Ultimate, or any modification of that table not having a higher mortality rate at any age, or, if approved by the Department, from another table.
No part of the information on this site may be reproduced for profit or sold for profit.
This material has been drawn directly from the official Pennsylvania Code full text database. Due to the limitations of HTML or differences in display capabilities of different browsers, this version may differ slightly from the official printed version.
