28 Tex. Admin. Code § 4.1702 - Definitions
The following words and terms, when used in this subchapter, have the following meanings unless the context clearly indicates otherwise.
(1) 1980 CET Table--That
mortality table consisting of separate rates of mortality for male and female
lives, developed by the Society of Actuaries Committee to Recommend New
Mortality Tables for Valuation of Standard Individual Ordinary Life Insurance,
incorporated in the 1980 National Association of Insurance Commissioners (NAIC)
amendments to the Model Standard Valuation Law and Standard Nonforfeiture Law
for Life Insurance, and referred to in those models as the Commissioners 1980
Extended Term Insurance Table.
(2)
1980 CET Table (F)--That mortality table consisting of the rates of mortality
for female lives from the 1980 CET Table.
(3) 1980 CET Table (M)--That mortality table
consisting of the rates of mortality for male lives from the 1980 CET
Table.
(4) 1980 CSO Table, with or
without Ten-Year Select Mortality Factors--That mortality table, consisting of
separate rates of mortality for male and female lives, developed by the Society
of Actuaries Committee to Recommend New Mortality for Valuation of Standard
Individual Ordinary Life Insurance, incorporated in the 1980 NAIC amendments to
the Model Standard Valuation Law and Standard Nonforfeiture Law for Life
Insurance, and referred to in those models as the Commissioners 1980 Standard
Ordinary Mortality Table, with or without Ten-Year Select Mortality
Factors.
(5) 1980 CSO Table (F),
with or without Ten-Year Select Mortality Factors--That mortality table
consisting of the rates of mortality for female lives from the 1980 CSO Table,
with or without Ten-Year Select Mortality Factors.
(6) 1980 CSO Table (M), with or without
Ten-Year Select Mortality Factors--That mortality table consisting of the rates
of mortality for male lives from the 1980 CSO Table, with or without Ten-Year
Select Mortality Factors.
(7) 1980
CSO and 1980 CET smoker and nonsmoker mortality tables--The mortality tables
derived from the 1980 CSO and 1980 CET mortality tables by the Society of
Actuaries Task Force on Smoker/Nonsmoker Mortality and adopted by the NAIC in
December 1983.
(8)
Norris decision--The decision of the United States Supreme
Court in the case of Arizona Governing Committee for Tax Deferred
Annuity and Deferred Compensation Plans v. Norris, 463 U.S. 1073
(1983).
Notes
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