N.Y. Comp. Codes R. & Regs. tit. 11 § 99.1

Current through Register Vol. 46, No. 53, December 31, 2024

Section 99.1 - Purposes

The purposes of this Part are:

(a) to prescribe rules and guidelines for valuing contracts involving fund accumulations in accordance with statutory reserve formulae;

(b) to prescribe rules and guidelines for valuing annuity benefits and structured settlements in accordance with statutory reserve formulae; and

(c) to adopt new mortality tables for valuing annuity benefits.

N.Y. Comp. Codes R. & Regs. Tit. 11 § 99.1