Utah Admin. Code R590-96-6 - Group Annuity or Pure Endowment Contracts
(1) A group annuity or a pure endowment
contract issued on or after April 2, 1980, and before July 1, 1985, at the
option of the company, may be valued using the following tables:
(a) the 1983 GAM Table;
(b) the 1983 Table (a); or
(c) the 1994 GAR Table.
(2) A group annuity or a pure endowment
contract issued on or after July 1, 1985, and before July 1, 1999, shall be
valued using the following tables:
(a) the
1983 GAM Table; or
(b) the 1994 GAR
Table.
(3) A group
annuity or a pure endowment contract issued on or after July 1, 1999, shall be
valued using the 1994 GAR Table.
Notes
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