<html> <head> <meta name=Generator content="Microsoft Office HTML Filter 2.0"> <meta http-equiv=Content-Type content="text/html; charset=windows-1252"> <style> <!-- --> </style> </head> <body lang=EN-US> <div> <p align=center><b>CHAPTER 20:06:37</b></p> <p align=center><b>&nbsp;</b></p> <p align=center><b>ACTUARIAL OPINIONS AND MEMORANDUMS</b></p> <p>Section</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:01">20:06:37:01</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Definitions.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:02">20:06:37:02</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scope.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:03">20:06:37:03</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:04">20:06:37:04</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Submission of statement of actuarial opinions.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:05">20:06:37:05</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Qualified actuary.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:06">20:06:37:06</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appointed actuary.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:07">20:06:37:07</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Standards for asset adequacy analysis.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:08">20:06:37:08</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liabilities to be covered.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:09">20:06:37:09</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:10">20:06:37:10</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:11">20:06:37:11</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:12">20:06:37:12</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:13">20:06:37:13</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:14">20:06:37:14</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:15">20:06:37:15</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:16">20:06:37:16</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:17">20:06:37:17</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:18">20:06:37:18</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:19">20:06:37:19</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:20">20:06:37:20</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:21">20:06:37:21</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:22">20:06:37:22</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:23">20:06:37:23</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:24">20:06:37:24</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:25">20:06:37:25</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:26">20:06:37:26</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:27">20:06:37:27</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:28">20:06:37:28</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:29">20:06:37:29</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Contents of statement of actuarial opinion based on asset adequacy analysis.</p> <p>20:06:27:30&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Recommended language.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:31">20:06:37:31</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Opening paragraph.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:32">20:06:37:32</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Scope paragraph.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:33">20:06:37:33</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notation of actuary's reliance upon experts.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:34">20:06:37:34</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reliance paragraph -- Examination of underlying assets and liability records completed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:35">20:06:37:35</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reliance paragraph -- Examination of underlying records not completed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:36">20:06:37:36</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Opinion paragraph.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:37">20:06:37:37</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Assumptions for new issues.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:38">20:06:37:38</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Adverse opinions.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:39">20:06:37:39</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reliance on information furnished by other persons.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:40">20:06:37:40</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Description of actuarial memorandum including an asset adequacy analysis and a regulatory asset adequacy issues summary.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:41">20:06:37:41</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Details of the memorandum section documenting asset adequacy analysis.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:41.01">20:06:37:41.01</a>&nbsp;&nbsp; Details of the regulatory asset adequacy issues summary.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:42">20:06:37:42</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Conformity to standards of practice.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:43">20:06:37:43</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:44">20:06:37:44</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:45">20:06:37:45</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Use of assets supporting the interest maintenance reserve and the asset valuation reserve.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:46">20:06:37:46</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repealed.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:47">20:06:37:47</a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Documentation.</p> <p><a href="DisplayRule.aspx?Rule=20:06:37:0A">Appendix A</a>&nbsp; Asset Adequacy Tested Amounts -- Reserves and Liabilities.</p> </div> </body> </html>