State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-407_16

44-407.16. Paid-up annuity benefit; present value; how computed.Any paid-up annuity benefit available under a contract shall be such that its present value on the date annuity payments are to commence is at least equal to the minimum nonforfeiture amount on that date. Such present value shall be computed using the mortality table, if any, and the interest rates specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract. SourceLaws 1979, LB 354, § 12; Laws 2004, LB 1047, § 6.

State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-407_16

44-407.16. Paid-up annuity benefit; present value; how computed.Any paid-up annuity benefit available under a contract shall be such that its present value on the date annuity payments are to commence is at least equal to the minimum nonforfeiture amount on that date. Such present value shall be computed using the mortality table, if any, and the interest rates specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract. SourceLaws 1979, LB 354, § 12; Laws 2004, LB 1047, § 6.

State Codes and Statutes

State Codes and Statutes

Statutes > Nebraska > Chapter44 > 44-407_16

44-407.16. Paid-up annuity benefit; present value; how computed.Any paid-up annuity benefit available under a contract shall be such that its present value on the date annuity payments are to commence is at least equal to the minimum nonforfeiture amount on that date. Such present value shall be computed using the mortality table, if any, and the interest rates specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract. SourceLaws 1979, LB 354, § 12; Laws 2004, LB 1047, § 6.