MORTALITY TABLES definition

MORTALITY TABLES. The mortality table used in establishing the Annuity Table is the Annuity 2000 Mortality Table. The dollar amount of an Annuity Payment for any Age or combination of Ages not shown in the Tables or for any other form of Annuity Option agreed to by the Company will be provided by the Company upon request.
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MORTALITY TABLES. The Annuity Tables contained in the Contract utilize an Assumed Investment Rate of 4% for the determination of the initial Variable Annuity Payment and a minimum guaranteed rate of 3% per year for the determination of the monthly Fixed Annuity Payment. The mortality table used in determining the Annuity Purchase Rates for Options A, B, and C is the 1983 IAM Table, with Projection Scale G. The dollar amount of an Annuity Payment for any Age or combination of Ages not shown in the Tables or for any other form of Annuity Option agreed to by the Company will be provided by the Company upon request.
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MORTALITY TABLES. The Annuity Tables contained in this Contract utilize an Assumed Investment Rate of 4% for the determination of the initial Variable Annuity Payment and a minimum guaranteed rate of 4% per year for the determination of the monthly Fixed Annuity Payment. The mortality table used in determining the Annuity Purchase Rates for Options A, B, C, and D is the 1983 Blended Individual Annuity mortality table with 60% female and 40% male lives and a pivotal age of 55. In using this mortality table, Ages of Annuitants will be reduced by one year for Annuity Dates occurring during the 1990's, reduced two years for Annuity Dates occurring during the decade 2000-2009, and so on. The dollar amount of an Annuity Payment for any Age or combination of Ages not shown in the Tables or for any other form of Annuity Option agreed to by the Company will be provided by the Company upon request.
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Examples of MORTALITY TABLES in a sentence

  • ALL CLASSES 115 % *AFTER APPLYING THE ABOVE PERCENTAGES TO THE MORTALITY TABLES SPECIFIED, MULTIPLY THESE BY THE NET AMOUNT AT RISK PER THOUSAND AND ROUND THE RESULTING REINSURANCE PREMIUMS TO TWO DECIMAL PLACES (I.E., NEAREST CENT).

  • JOINT AND SURVIVOR ANNUITY FIXED ANNUITY MORTALITY TABLES GENERAL PROVISIONS THE CONTRACT MISSTATEMENT OF AGE INCONTESTABILITY MODIFICATION NON-PARTICIPATING EVIDENCE OF SURVIVAL PROOF OF AGE PROTECTION OF PROCEEDS REPORTS TAXES REGULATORY REQUIREMENTS CONTRACT SCHEDULE United Companies Life Insurance Company Variable Annuity Processing Center P.

  • MORTALITY TABLES DESCRIBED.--Except as we state in the next paragraph, (1) we base all net premiums and net values to which we refer in this contract on the Insured's issue age and sex and on the length of time since the contract date; (2) we use the Commissioners 1980 Standard Ordinary Mortality Table; and (3) we use continuous functions based on age last birthday.

  • MORTALITY TABLE(S) 1983 Group Annuity Mortality Table for Males (1983 GAMM) PLAN ASSUMPTIONS ---------------- ANALOG DEVICES, INC.

  • MORTALITY TABLES DESCRIBED.--Except as we state in the next paragraph, (1) we base all net premium and net values to which we refer in this contract on the Insured's issue age and sex and on the length of time since the contract date; (2) we use the Commissioners 1980 Standard Ordinary Mortality Table; and (3) we use continuous functions based on age last birthday.


More Definitions of MORTALITY TABLES

MORTALITY TABLES. The Annuity Tables contained in this Contract utilize an Assumed Investment Rate of 3% for the determination of the initial Variable Annuity Payment and a minimum guaranteed rate of 3% per year for the determination of the monthly Fixed Annuity Payment. The mortality table used in determining the Annuity Purchase Rates for Options A, B, and C is the 1983 Individual Annuity Mortality Tables with age last birthday. The dollar amount of an Annuity Payment for any Age or combination of Ages not shown in the Tables or for any other form of Annuity Option agreed to by the Company will be provided by the Company upon request.
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MORTALITY TABLES. The Annuity 2000 Mortality Table is used in establishing the annuity table. The dollar amount of an Annuity Payment for any Age or combination of ages not shown in the tables, or for any other form of Annuity Option agreed to by the Company, will be provided by the Company upon Formal Request.
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MORTALITY TABLES. The Annuity 2000 Mortality Table with Male-Female sex distinction, projected to 2012, with further projection for each attained age to the date of usage, based on 50% for female and 100% for male of Projection Scale G, is used in establishing the Annuity Table with a 1.00% interest rate. The age in the Annuity Table is the Annuitant’s Adjusted Age. “Adjusted Age” is the Annuitant’s Age when the annuity payment begins, reduced by 1 year for every 5 years that has elapsed since January 1, 2012. For example, the Adjusted Age for an Annuitant whose annuity payments begin in 2017, and whose Age is 67 at the time the first annuity payment is due, would be 66. The dollar amount of an Annuity Payment for any Age or combination of ages not shown in the tables, or for any other form of Annuity Option agreed to by the Company, will be provided by the Company upon Authorized Request.
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Related to MORTALITY 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.

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

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Emission Summary Table means the table prepared in accordance with O. Reg. 419/05 and the Procedure Document listing the appropriate Point of Impingement concentrations of each Compound of Concern from the Facility and providing comparison to the corresponding Ministry Point of Impingement Limit or Maximum Concentration Level Assessment.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.