# COMAR Title 31 — Maryland Insurance Administration

## Subtitle 05 — Assets, Liabilities, Reserves, and Investments of Insurers

### Chapter 05 — Valuation Standards for Group Annuity and Pure Endowment Contracts

#### Regulation .02 Definitions.

*COMAR 31.05.05.02*

A. In this chapter, the following terms have the meanings indicated.

B. Terms Defined.

  (1) "1983 GAM Tables" means the mortality tables:

    (a) Developed by the Society of Actuaries Committee on Annuities;

    (b) Adopted as a recognized mortality table for annuities in December 1983 by the National Association of Insurance Commissioners; and

    (c) Set out in Regulation .03 of this chapter.

  (2) "1983 Table “a” means the mortality table:

    (a) Developed by the Society of Actuaries Committee to Recommend a New Mortality Basis for Individual Annuity Valuation;

    (b) Adopted as a recognized mortality table for annuities in June 1982 by the National Association of Insurance Commissioners; and

    (c) Set out in COMAR 31.05.04.03.

  (3) "1994 GAR Table" means the mortality table:

    (a) Developed by the Society of Actuaries Group Annuity Valuation Table Task Force; and

    (b) Set out in Regulation .04 of this chapter.