Standard State Reserve Mortality Table
The Standard State Reserve Mortality Table functions allows you to review GiftWrap's table of mortality tables that are used for calculating state gift annuity reserves. For each state that requires reporting of reserves, this table stores the mortality table that should be used to compute reserves and the gift date range to which the table applies.
GiftWrap uses the information in this table to compute reserves when you choose Calculations/Gift Annuity Reserves/State Method.
You cannot edit the contents of the Standard State Reserve Mortality Table. See Custom State Reserve Mortality Table if you wish to apply mortality tables to reserve calculations in a way that does not match the Standard State Reserve Mortality Table.
To report the current information stored on standard state reserve mortality tables
1. Click Setup > Standard State Reserve Mortality Table in the Menu Bar.
2. Click
Do the following, as needed:
3. Click to close the report.
To view the information stored in a specific row of the standard state reserve mortality table
1. Click Setup > Standard State Reserve Mortality Table in the Menu Bar.
2. Review the grid row for the state and gift date range you are interested in.
3. Click to close the State Reserve Mortality Table page.
Notes:
· In recent years, most states that require the maintenance of an annuity reserve have adopted use of the Annuity 2000 table for computing the reserve for gifts made on or after a certain date. See the Mortality Tables section of the Gift Annuity Reserves - Calculations Explained topic for the current list of states and effective dates for the Annuity 2000 table.
Copyright 2023 PG Calc Incorporated