New Hampshire § 409-A:5 Computation of Annuity Benefit

New Hampshire Statutes

§ 409-A:5 — Computation of Annuity Benefit

New Hampshire § 409-A:5

Title XXXVIIINSURANCE

Ch. 409-ASTANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES

This text of New Hampshire § 409-A:5 (Computation of Annuity Benefit) is published on Counsel Stack Legal Research, covering New Hampshire primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.H. Rev. Stat. Ann. § 409-A:5 (2026).

Text

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 rate specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract.

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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 rate specified in the contract for determining the minimum paid-up annuity benefits guaranteed in the contract.