100% - Reserve % - Average Future Net Salvage % | ||
Remaining Life Rate | = | __________________________________________ |
Average Remaining Life in Years |
Theoretical Reserve = Book Investment - Future Accruals - Future Net Salvage
100% - Average Net Salvage % | ||
Whole Life Rate | = | __________________________________________ |
Average Service Life in Years |
Fla. Admin. Code Ann. R. 25-6.0436
Rulemaking Authority 350.115, 350.127(2), 366.05(1) FS. Law Implemented 350.115, 366.04(2)(f), 366.06(1) FS.
New 11-11-82, Amended 1-6-85, Formerly 25-6.436, Amended 4-27-88, 12-12-91, 12-11-00, 5-29-08, 4-28-16.