Joint Basis. Limited to a Joint and 100% Survivor Annuity with 10-Year Period Certain • The Settlement Annuity Purchase Rate (SAPR) per $1000, which is used at time of annuitization for reinsurance claims settlement, is calculated using the following assumptions: Mortality Table Annuity 2000 (Exhibit I) Age Setback None Mortality Improvement Projection Scale G applied dynamically (Exhibit I) Sex distinct only Unisex Blend: The yield on the most recently auctioned 10-Year U.S. Treasury security (i.e., “on-the-run”), as posted in the Wall Street Journal, at the beginning of the month in which annuitization occurs plus 50 Basis Points. That interest rate shall never be less than 2.5%. Interest Rate: Expenses: None Premium Taxes: Applied by state of residence and market Age: Attained age on exercise date Frequency of payment Monthly Annuity form:
Appears in 3 contracts
Sources: Automatic Retrocession Agreement (Brighthouse Variable Annuity Account C), Automatic Retrocession Agreement (Brighthouse Separate Account A), Automatic Retrocession Agreement (Brighthouse Separate Account A)