In using the 2012 IAR Table, the mortality rate for a person age x in year (2012 + n) is calculated as follows: qx2012+n = qx2012 (1-G2x)n The resulting qx2012+n must be rounded to three decimal places per 1,000, for example, 0.741 deaths per 1,000. Also, the rounding must occur according to the formula above, starting at the 2012 period table rate. For example, for a male age 30, qx2012= 0.741. qx2013= 0.741. (1 - 0.010) ^ 1 = 0.73359, which is rounded to 0.734. qx2014= 0.741. (1 - 0.010) ^ 2 = 0.7262541, which is rounded to 0.726. A method leading to incorrect rounding would be to calculate qx2014 as qx2013 * (1 - 0.010), or 0.734 * 0.99 = 0.727. It is incorrect to use the already rounded qx2013 to calculate qx2014.

(Eff. 12/26/2014, Register 212)