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Minimum Statutory Nonforfeiture Values for Retirement Annuity Contracts
probably be to use cash values based on the mortality table and with a level renewal premium, varying ... present value of contract benefits according to the mortality table and interest assumption (MCV)~+t = required ...- Authors: Society of Actuaries, John M Boermeester, Robert Walker, James E Hoskins, Gardner F. Knight
- Date: Jan 1954
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Transactions of the SOA
- Topics: Annuities; Public Policy