The purpose of this chapter is to approve the use of the following mortality tables adopted by the National Association of Insurance Commissioners after 1980 as a basis for determining the minimum standards of valuation for individual annuity and pure endowment contracts:

1. A. The 1983 Table “a”;
2. B. The Annuity 2000 Mortality Table; and
3. C. The 2012 Individual Annuity Reserving Table.

Authority: Insurance Article, §2-109 and Title 5, Subtitle 3, Annotated Code of Maryland

Effective date: December 31, 1985 (12:26 Md. R. 2545)

Chapter recodified from COMAR 09.30.68 to COMAR 31.05.04 effective September 7, 1998 (25:18 Md. R. 1439)

Chapter revised effective May 24, 2004 (31:10 Md. R. 796)

Regulation .01 amended effective November 10, 2014 (41:22 Md. R. 1320)

Regulation .02B amended effective January 1, 2015 (41:22 Md. R. 1320)

Regulation .05 amended effective January 1, 2015 (41:22 Md. R. 1320)

Regulation .06 adopted effective January 1, 2015 (41:22 Md. R. 1320)

Regulation .07 adopted effective January 1, 2015 (41:22 Md. R. 1320)

Regulation .08 adopted effective January 1, 2015 (41:22 Md. R. 1320)