36908 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

DEPARTMENT OF THE TREASURY

Internal Revenue Service

26 CFR Parts 1, 20, and 25

[TD 8886]

RIN 1545–AX07

Use of Actuarial Tables in Valuing

Annuities, Interests for Life or Terms

of Years, and Remainder or

Reversionary Interests

AGENCY: Internal Revenue Service (IRS),

Treasury.

ACTION: Final regulations.

SUMMARY: This document contains final

regulations relating to the use of

actuarial tables in valuing annuities,

interests for life or terms of years, and

remainder or reversionary interests.

These regulations will effect the

valuation of inter vivos and

testamentary transfers of interests

dependent on one or more measuring

lives. Section 7520 of the Internal

Revenue Code of 1986 (Code) was

enacted by section 5031 of the

Technical and Miscellaneous Revenue

Act of 1988 and was effective on May

1, 1989. These regulations are necessary

because section 7520(c)(3) directs the

Secretary to revise the actuarial tables

used in valuing interests dependent on

mortality experience not less frequently

than once each 10 years to take into

account the most recent mortality

experience available as of the time of

the revision. This document contains

amendments to the regulations revising

certain tables used for the valuation of

partial interests in property under

section 7520 to reflect the most recent

mortality experience available.

DATES: These regulations are effective

June 12, 2000.

FOR FURTHER INFORMATION CONTACT:

William L. Blodgett, (202) 622–3090

(not a toll-free number).

SUPPLEMENTARY INFORMATION:

Background

On April 30, 1999, the IRS published

in the Federal Register (64 FR 23187

and 64 FR 23245) temporary regulations

and a notice of proposed rulemaking by

cross reference to temporary regulations

(REG–103851–99) under sections 642,

664, 2031, 2512, and 7520 relating to the

use of actuarial tables in valuing

annuities, interests for life or terms of

years, and remainder or reversionary

interests. No written comments

responding to the notice of proposed

rulemaking by cross reference to

temporary regulations were received

and, thus, no hearing was held. This

document adopts, with no substantive

changes, final regulations with respect

to this notice of proposed rulemaking by

cross reference to temporary regulations.

The following chart summarizes the

applicable interest rates and the

citations to textual materials and tables

for the various periods covered under

the regulations:

CROSS REFERENCE TO REGULATION SECTIONS

Valuation period Interest

rate Regulation section Table

Section 642

Valuation, in general ..................................................................................... 1.642(c)–6

Before 01/01/52 ..................................................................................... 4% 1.642(c)–6A(a)

01/01/52–12/31/70 ........................................................................................ 3.5% 1.642(c)–6A(b)

01/01/71–11/30/83 ........................................................................................ 6% 1.642(c)–6A(c)

12/01/83–04/30/89 ........................................................................................ 10% 1.642(c)–6A(d) Table G.

05/01/89–04/30/99 ........................................................................................ § 7520 1.642(c)–6A(e) Table S (05/01/89–4/30/99).

After 04/30/99 ........................................................................................ § 7520 1.642(c)–6(e) Table S (after 04/30/99).

Section 664

Valuation, in general ..................................................................................... 1.664–4

Before 01/01/52 ..................................................................................... 4% 1.664–4A(a)

01/01/52–12/31/70 ........................................................................................ 3.5% 1.664–4A(b)

01/01/71–11/30/83 ........................................................................................ 6% 1.664–4A(c)

12/01/83–04/30/89 ........................................................................................ 10% 1.664–4A(d) Table E, Table F(1).

05/01/89–04/30/99 ........................................................................................ § 7520 1.664–4A(e) Table U(1) (05/01/89–4/30/99).

After 04/30/99 ........................................................................................ § 7520 1.664–4(e)(6) Table D and

Tables F(4.2)–F(14.0)

1.664–4(e)(7) Table U(1) (after 04/30/99).

Section 2031

Valuation, in general ..................................................................................... 20.2031–7

Before 01/01/52 ..................................................................................... 4% 20.2031–7A(a)

01/01/52–12/31/70 ........................................................................................ 3.5% 20.2031–7A(b)

01/01/71–11/30/83 ........................................................................................ 6% 20.2031–7A(c)

12/01/83–04/30/89 ........................................................................................ 10% 20.2031–7A(d) Table A, Table B, Table LN.

05/01/89–04/30/99 ........................................................................................ § 7520 20.2031–7A(e) Table S (05/01/89–4/30/99)

Life Table 80CNSMT.

After 04/30/99 ........................................................................................ § 7520 20.2031–7(d)(6)

20.2031–7(d)(7)

Table B, Table J, Table K

Table S (after 04/30/99) and

Life Table 90CM.

Section 2512

Valuation, in general ..................................................................................... 25.2512–5

Before 01/01/52 ..................................................................................... 4% 25.2512–5A(a)

01/01/52–12/31/70 ........................................................................................ 3.5% 25.2512–5A(b)

01/01/71–11/30/83 ........................................................................................ 6% 25.2512–5A(c)

12/01/83–04/30/89 ........................................................................................ 10% 25.2512–5A(d)

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36909

CROSS REFERENCE TO REGULATION SECTIONS—Continued

Valuation period Interest

rate Regulation section Table

05/01/89–04/30/99 ........................................................................................ § 7520 25.2512–5A(e)

After 04/30/99 ........................................................................................ § 7520 25.2512–5(d)

Effective Dates

These regulations are applicable in

the case of annuities, interests for life or

terms of years, and remainder or

reversionary interests created after April

30, 1999.

Special Analysis

It has been determined that this

Treasury decision is not a significant

regulatory action as defined in

Executive Order 12866. Therefore, a

regulatory assessment is not required. It

also has been determined that section

553(b) of the Administrative Procedure

Act (5 U.S.C. chapter 5) does not apply

to these regulations, and because these

regulations do not impose a collection

of information requirement on small

entities, the Regulatory Flexibility Act

(5 U.S.C. chapter 6) does not apply.

Therefore, a Regulatory Flexibility

Analysis is not required. Pursuant to

section 7805(f) of the Internal Revenue

Code, the notice of proposed rulemaking

by cross reference to temporary

regulations was submitted to the Chief

Counsel for Advocacy of the Small

Business Administration for comment

on its impact on small business.

Drafting Information

The principal author of these

regulations is William L. Blodgett,

Office of Assistant Chief Counsel

(Passthroughs and Special Industries),

IRS. However, other personnel from the

IRS and Treasury Department

participated in their development.

List of Subjects

26 CFR Part 1

Income taxes, Reporting and

recordkeeping requirements.

26 CFR Part 20

Estate taxes, Reporting and

recordkeeping requirements.

26 CFR Part 25

Gift taxes, Reporting and

recordkeeping requirements.

Adoption of Amendments to the

Regulations

Accordingly, 26 CFR parts 1, 20, and

25 are amended as follows:

PART 1—INCOME TAXES

Paragraph 1. The authority citation

for part 1 is amended by removing the

entries for 1.642(c)–6T, 1.664–4T and

1.7520–1T to read in part as follows:

Authority: 26 U.S.C. 7805 * * *

Par. 2. Section 1.170A–12 is amended

by revising paragraphs (b)(2) and (b)(3)

to read as follows:

§ 1.170A–12 Valuation of a remainder

interest in real property for contributions

made after July 31, 1969.

* * * * *

(b) * * *

(2) Computation of depreciation

factor. If the valuation of the remainder

interest in depreciable property is

dependent upon the continuation of one

life, a special factor must be used. The

factor determined under this paragraph

(b)(2) is carried to the fifth decimal

place. The special factor is to be

computed on the basis of the interest

rate and life contingencies prescribed in

§ 20.2031–7 of this chapter (or for

periods before May 1, 1999, § 20.2031–

7A) and on the assumption that the

property depreciates on a straight-line

basis over its estimated useful life. For

transfers for which the valuation date is

after April 30, 1999, special factors for

determining the present value of a

remainder interest following one life

and an example describing the

computation is contained in Internal

Revenue Service Publication 1459,

‘‘Actuarial Values, Book Gimel,’’ (7–

1999). A copy of this publication is

available for purchase from the

Superintendent of Documents, United

States Government Printing Office,

Washington, DC 20402. For transfers for

which the valuation date is after April

30, 1989, and before May 1, 1999,

special factors for determining the

present value of a remainder interest

following one life and an example

describing the computation is contained

in Internal Revenue Service Publication

1459, ‘‘Actuarial Values, Gamma

Volume,’’ (8–89). This publication is no

longer available for purchase from the

Superintendent of Documents.

However, it may be obtained by

requesting a copy from:

CC:DOM:CORP:R (IRS Publication

1459), room 5226, Internal Revenue

Service, POB 7604, Ben Franklin

Station, Washington, DC 20044. See,

however, § 1.7520–3(b) (relating to

exceptions to the use of prescribed

tables under certain circumstances).

Otherwise, in the case of the valuation

of a remainder interest following one

life, the special factor may be obtained

through use of the following formula:

1

2

1 11 1

2

1

0

1

1 + 





 − 



 



 − − 



 



















 − − 







+

=

− ++ + ∑i

v

l

l

l

l n

t

n

t

t

n x t

x

x t

x

( )

Where:

n=the estimated number of years of

useful life,

i=the applicable interest rate under

section 7520 of the Internal

Revenue Code,

v=1 divided by the sum of 1 plus the

applicable interest rate under

section 7520 of the Internal

Revenue Code,

x=the age of the life tenant, and

lx=number of persons living at age x as

set forth in Table 90CM of

§ 20.2031–7 (or, for periods before

May 1, 1999, the tables set forth

under § 20.2031–7A) of this

chapter.

(3) Example. The following example

illustrates the provisions of this

paragraph (b):

Example. A, who is 62, donates to Y

University a remainder interest in a personal

residence, consisting of a house and land,

subject to a reserved life estate in A. At the

time of the gift, the land has a value of

$30,000 and the house has a value of

36910 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

$100,000 with an estimated useful life of 45

years, at the end of which the value of the

house is expected to be $20,000. The portion

of the property considered to be depreciable

is $80,000 (the value of the house ($100,000)

less its expected value at the end of 45 years

($20,000)). The portion of the property

considered to be nondepreciable is $50,000

(the value of the land at the time of the gift

($30,000) plus the expected value of the

house at the end of 45 years ($20,000)). At

the time of the gift, the interest rate

prescribed under section 7520 is 8.4 percent.

Based on an interest rate of 8.4 percent, the

remainder factor for $1.00 prescribed in

§ 20.2031–7(d) of this chapter for a person

age 62 is 0.27925. The value of the

nondepreciable remainder interest is

$13,962.50 (0.27925 times $50,000). The

value of the depreciable remainder interest is

$16,148.80 (0.20186, computed under the

formula described in paragraph (b)(2) of this

section, times $80,000). Therefore, the value

of the remainder interest is $30,111.30.

* * * * *

§ 1.170A–12T [Removed]

Par. 3. Section 1.170A–12T is

removed.

Par. 4–5. Section 1.642(c)–6 is

amended by revising paragraphs (d), (e)

and (f) to read as follows:

§ 1.642(c)–6 Valuation of a remainder

interest in property transferred to a pooled

income fund.

* * * * *

(d) Valuation. The present value of

the remainder interest in property

transferred to a pooled income fund

after April 30, 1999, is determined

under paragraph (e) of this section. The

present value of the remainder interest

in property transferred to a pooled

income fund for which the valuation

date is before May 1, 1999, is

determined under the following

sections:

Valuation Dates Applicable

regulations After Before

01–01–52 1.642(c)–6A(a)

12–31–51 ..... 01–01–71 1.642(c)–6A(b)

12–31–70 ..... 12–01–83 1.642(c)–6A(c)

11–30–83 ..... 05–01–89 1.642(c)–6A(d)

04–30–89 ..... 05–01–99 1.642(c)–6A(e)

(e) Present value of the remainder

interest in the case of transfers to pooled

income funds for which the valuation

date is after April 30, 1999—(1) In

general. In the case of transfers to

pooled income funds for which the

valuation date is after April 30, 1999,

the present value of a remainder interest

is determined under this section. See,

however, § 1.7520–3(b) (relating to

exceptions to the use of prescribed

tables under certain circumstances). The

present value of a remainder interest

that is dependent on the termination of

the life of one individual is computed

by the use of Table S in paragraph (e)(6)

of this section. For purposes of the

computations under this section, the age

of an individual is the age at the

individual’s nearest birthday.

(2) Transitional rules for valuation of

transfers to pooled income funds. (i) For

purposes of sections 2055, 2106, or

2624, if on May 1, 1999, the decedent

was mentally incompetent so that the

disposition of the property could not be

changed, and the decedent died after

April 30, 1999, without having regained

competency to dispose of the decedent’s

property, or the decedent died within 90

days of the date that the decedent first

regained competency after April 30,

1999, the present value of a remainder

interest is determined as if the valuation

date with respect to the decedent’s gross

estate is either before May 1, 1999, or

after April 30, 1999, at the option of the

decedent’s executor.

(ii) For purposes of sections 170,

2055, 2106, 2522, or 2624, in the case

of transfers to a pooled income fund for

which the valuation date is after April

30, 1999, and before July 1, 1999, the

present value of the remainder interest

under this section is determined by use

of the section 7520 interest rate for the

month in which the valuation date

occurs (see §§ 1.7520–1(b) and 1.7520–

2(a)(2)) and the appropriate actuarial

tables under either paragraph (e)(6) of

this section or § 1.642(c)–6A(e)(5), at the

option of the donor or the decedent’s

executor, as the case may be.

(iii) For purposes of paragraphs

(e)(2)(i) and (ii) of this section, where

the donor or decedent’s executor is

given the option to use the appropriate

actuarial tables under either paragraph

(e)(6) of this section or § 1.642(c)–

6A(e)(5), the donor or decedent’s

executor must use the same actuarial

table with respect to each individual

transaction and with respect to all

transfers occurring on the valuation date

(for example, gift and income tax

charitable deductions with respect to

the same transfer must be determined

based on the same tables, and all assets

includible in the gross estate and/or

estate tax deductions claimed must be

valued based on the same tables).

(3) Present value of a remainder

interest. The present value of a

remainder interest in property

transferred to a pooled income fund is

computed on the basis of—

(i) Life contingencies determined from

the values of lx that are set forth in

Table 90CM in § 20.2031–7(d)(7) of this

chapter (see § 20.2031–7A of this

chapter for certain prior periods); and

(ii) Discount at a rate of interest,

compounded annually, equal to the

highest yearly rate of return of the

pooled income fund for the 3 taxable

years immediately preceding its taxable

year in which the transfer of property to

the fund is made. For purposes of this

paragraph (e), the yearly rate of return

of a pooled income fund is determined

as provided in paragraph (c) of this

section unless the highest rate of return

is deemed to be the rate described in

paragraph (e)(4) of this section for funds

in existence less than 3 taxable years.

For purposes of this paragraph (e)(3)(ii),

the first taxable year of a pooled income

fund is considered a taxable year even

though the taxable year consists of less

than 12 months. However, appropriate

adjustments must be made to annualize

the rate of return earned by the fund for

that period. Where it appears from the

facts and circumstances that the highest

yearly rate of return of the fund for the

3 taxable years immediately preceding

the taxable year in which the transfer of

property is made has been purposely

manipulated to be substantially less

than the rate of return that would

otherwise be reasonably anticipated

with the purpose of obtaining an

excessive charitable deduction, that rate

of return may not be used. In that case,

the highest yearly rate of return of the

fund is determined by treating the fund

as a pooled income fund that has been

in existence for less than 3 preceding

taxable years.

(4) Pooled income funds in existence

less than 3 taxable years. If a pooled

income fund has been in existence less

than 3 taxable years immediately

preceding the taxable year in which the

transfer is made to the fund and the

transfer to the fund is made after April

30, 1989, the highest rate of return is

deemed to be the interest rate (rounded

to the nearest two-tenths of one percent)

that is 1 percent less than the highest

annual average of the monthly section

7520 rates for the 3 calendar years

immediately preceding the calendar

year in which the transfer to the pooled

income fund is made. The deemed rate

of return for transfers to new pooled

income funds is recomputed each

calendar year using the monthly section

7520 rates for the 3-year period

immediately preceding the calendar

year in which each transfer to the fund

is made until the fund has been in

existence for 3 taxable years and can

compute its highest rate of return for the

3 taxable years immediately preceding

the taxable year in which the transfer of

property to the fund is made in

accordance with the rules set forth in

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36911

the first sentence of paragraph (e)(3)(ii)

of this section.

(5) Computation of value of remainder

interest. The factor that is used in

determining the present value of a

remainder interest that is dependent on

the termination of the life of one

individual is the factor from Table S in

paragraph (e)(6) of this section under

the appropriate yearly rate of return

opposite the number that corresponds to

the age of the individual upon whose

life the value of the remainder interest

is based (see § 1.642(c)–6A for certain

prior periods). The tables in paragraph

(e)(6) of this section include factors for

yearly rates of return from 4.2 to 14

percent. Many actuarial factors not

contained in the tables in paragraph

(e)(6) of this section are contained in

Table S in Internal Revenue Service

Publication 1457, ‘‘Actuarial Values,

Book Aleph,’’ (7–1999). A copy of this

publication is available for purchase

from the Superintendent of Documents,

United States Government Printing

Office, Washington, DC 20402. For other

situations, see paragraph (b) of this

section. If the yearly rate of return is a

percentage that is between the yearly

rates of return for which factors are

provided, a linear interpolation must be

made. The present value of the

remainder interest is determined by

multiplying the fair market value of the

property on the valuation date by the

appropriate remainder factor. This

paragraph (e)(5) may be illustrated by

the following example:

Example. A, who is 54 years and 8 months,

transfers $100,000 to a pooled income fund,

and retains a life income interest in the

property. The highest yearly rate of return

earned by the fund for its 3 preceding taxable

years is 9.47 percent. In Table S, the

remainder factor opposite 55 years under 9.4

percent is .17449 and under 9.6 percent is

.17001. The present value of the remainder

interest is $17,292.00, computed as follows:

Factor at 9.4 percent for age 55 .... .17449

Factor at 9.6 percent for age 55 .... .17001

Difference ....................................... .00448

Interpolation adjustment:

9 9

0 2% 00448

00157

.47% .4%

. .

.

− =

=

x

x

Factor at 9.4 percent for age 55 .... .17449

Less: Interpolation adjustment ..... .00157

Interpolated factor ......................... .17292

Present value of remainder interest:

($100,000 × .17292) .......... $17,292.00

(6) Actuarial tables. In the case of

transfers for which the valuation date is

after April 30, 1999, the present value

of a remainder interest dependent on

the termination of one life in the case of

a transfer to a pooled income fund is

determined by use of the following

Table S:

TABLE S.—BASED ON LIFE TABLE 90CM SINGLE LIFE REMAINDER FACTORS APPLICABLE AFTER APRIL 30, 1999

[Interest rate]

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%

0 ....................................................................... .06752 .06130 .05586 .05109 .04691 .04322 .03998 .03711 .03458 .03233

1 ....................................................................... .06137 .05495 .04932 .04438 .04003 .03620 .03283 .02985 .02721 .02487

2 ....................................................................... .06325 .05667 .05088 .04580 .04132 .03737 .03388 .03079 .02806 .02563

3 ....................................................................... .06545 .05869 .05275 .04752 .04291 .03883 .03523 .03203 .02920 .02668

4 ....................................................................... .06784 .06092 .05482 .04944 .04469 .04048 .03676 .03346 .03052 .02791

5 ....................................................................... .07040 .06331 .05705 .05152 .04662 .04229 .03845 .03503 .03199 .02928

6 ....................................................................... .07310 .06583 .05941 .05372 .04869 .04422 .04025 .03672 .03357 .03076

7 ....................................................................... .07594 .06849 .06191 .05607 .05089 .04628 .04219 .03854 .03528 .03236

8 ....................................................................... .07891 .07129 .06453 .05853 .05321 .04846 .04424 .04046 .03709 .03407

9 ....................................................................... .08203 .07423 .06731 .06115 .05567 .05079 .04643 .04253 .03904 .03592

10 ..................................................................... .08532 .07734 .07024 .06392 .05829 .05326 .04877 .04474 .04114 .03790

11 ..................................................................... .08875 .08059 .07331 .06683 .06104 .05587 .05124 .04709 .04336 .04002

12 ..................................................................... .09233 .08398 .07653 .06989 .06394 .05862 .05385 .04957 .04572 .04226

13 ..................................................................... .09601 .08748 .07985 .07304 .06693 .06146 .05655 .05214 .04816 .04458

14 ..................................................................... .09974 .09102 .08322 .07624 .06997 .06435 .05929 .05474 .05064 .04694

15 ..................................................................... .10350 .09460 .08661 .07946 .07303 .06725 .06204 .05735 .05312 .04930

16 ..................................................................... .10728 .09818 .09001 .08268 .07608 .07014 .06479 .05996 .05559 .05164

17 ..................................................................... .11108 .10179 .09344 .08592 .07916 .07306 .06755 .06257 .05807 .05399

18 ..................................................................... .11494 .10545 .09691 .08921 .08227 .07601 .07034 .06521 .06057 .05636

19 ..................................................................... .11889 .10921 .10047 .09259 .08548 .07904 .07322 .06794 .06315 .05880

20 ..................................................................... .12298 .11310 .10417 .09610 .08881 .08220 .07622 .07078 .06584 .06135

21 ..................................................................... .12722 .11713 .10801 .09976 .09228 .08550 .07935 .07375 .06866 .06403

22 ..................................................................... .13159 .12130 .11199 .10354 .09588 .08893 .08260 .07685 .07160 .06682

23 ..................................................................... .13613 .12563 .11612 .10748 .09964 .09250 .08601 .08009 .07468 .06975

24 ..................................................................... .14084 .13014 .12043 .11160 .10357 .09625 .08958 .08349 .07793 .07284

25 ..................................................................... .14574 .13484 .12493 .11591 .10768 .10018 .09334 .08708 .08135 .07611

26 ..................................................................... .15084 .13974 .12963 .12041 .11199 .10431 .09728 .09085 .08496 .07956

27 ..................................................................... .15615 .14485 .13454 .12513 .11652 .10865 .10144 .09484 .08878 .08322

28 ..................................................................... .16166 .15016 .13965 .13004 .12124 .11319 .10580 .09901 .09279 .08706

29 ..................................................................... .16737 .15567 .14497 .13516 .12617 .11792 .11035 .10339 .09699 .09109

30 ..................................................................... .17328 .16138 .15048 .14047 .13129 .12286 .11510 .10796 .10138 .09532

31 ..................................................................... .17938 .16728 .15618 .14599 .13661 .12799 .12004 .11272 .10597 .09974

32 ..................................................................... .18568 .17339 .16210 .15171 .14214 .13333 .12520 .11769 .11076 .10435

33 ..................................................................... .19220 .17972 .16824 .15766 .14790 .13889 .13058 .12289 .11578 .10920

34 ..................................................................... .19894 .18627 .17460 .16383 .15388 .14468 .13618 .12831 .12102 .11426

35 ..................................................................... .20592 .19307 .18121 .17025 .16011 .15073 .14204 .13399 .12652 .11958

36 ..................................................................... .21312 .20010 .18805 .17691 .16658 .15701 .14814 .13990 .13225 .12514

37 ..................................................................... .22057 .20737 .19514 .18382 .17331 .16356 .15450 .14608 .13825 .13096

38 ..................................................................... .22827 .21490 .20251 .19100 .18031 .17038 .16113 .15253 .14452 .13705

39 ..................................................................... .23623 .22270 .21013 .19845 .18759 .17747 .16805 .15927 .15108 .14344

40 ..................................................................... .24446 .23078 .21805 .20620 .19516 .18487 .17527 .16631 .15795 .15013

36912 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%

41 ..................................................................... .25298 .23915 .22626 .21425 .20305 .19259 .18282 .17368 .16514 .15715

42 ..................................................................... .26178 .24782 .23478 .22262 .21125 .20062 .19069 .18138 .17267 .16450

43 ..................................................................... .27087 .25678 .24360 .23129 .21977 .20898 .19888 .18941 .18053 .17220

44 ..................................................................... .28025 .26603 .25273 .24027 .22860 .21766 .20740 .19777 .18873 .18023

45 ..................................................................... .28987 .27555 .26212 .24953 .23772 .22664 .21622 .20644 .19724 .18858

46 ..................................................................... .29976 .28533 .27179 .25908 .24714 .23591 .22536 .21542 .20606 .19725

47 ..................................................................... .30987 .29535 .28171 .26889 .25682 .24546 .23476 .22468 .21518 .20621

48 ..................................................................... .32023 .30563 .29190 .27897 .26678 .25530 .24447 .23425 .22460 .21549

49 ..................................................................... .33082 .31615 .30234 .28931 .27702 .26543 .25447 .24412 .23434 .22509

50 ..................................................................... .34166 .32694 .31306 .29995 .28756 .27586 .26479 .25432 .24441 .23502

51 ..................................................................... .35274 .33798 .32404 .31085 .29838 .28658 .27541 .26482 .25479 .24528

52 ..................................................................... .36402 .34924 .33525 .32200 .30946 .29757 .28630 .27561 .26547 .25584

53 ..................................................................... .37550 .36070 .34668 .33339 .32078 .30882 .29746 .28667 .27643 .26669

54 ..................................................................... .38717 .37237 .35833 .34500 .33234 .32031 .30888 .29801 .28766 .27782

55 ..................................................................... .39903 .38424 .37019 .35683 .34413 .33205 .32056 .30961 .29918 .28925

56 ..................................................................... .41108 .39631 .38227 .36890 .35617 .34405 .33250 .32149 .31099 .30097

57 ..................................................................... .42330 .40857 .39455 .38118 .36844 .35629 .34469 .33363 .32306 .31297

58 ..................................................................... .43566 .42098 .40699 .39364 .38089 .36873 .35710 .34600 .33538 .32522

59 ..................................................................... .44811 .43351 .41956 .40623 .39350 .38133 .36968 .35855 .34789 .33768

60 ..................................................................... .46066 .44613 .43224 .41896 .40624 .39408 .38243 .37127 .36058 .35033

61 ..................................................................... .47330 .45887 .44505 .43182 .41914 .40699 .39535 .38418 .37347 .36318

62 ..................................................................... .48608 .47175 .45802 .44485 .43223 .42011 .40848 .39732 .38660 .37629

63 ..................................................................... .49898 .48478 .47115 .45807 .44550 .43343 .42184 .41069 .39997 .38966

64 ..................................................................... .51200 .49793 .48442 .47143 .45895 .44694 .43539 .42427 .41357 .40326

65 ..................................................................... .52512 .51121 .49782 .48495 .47255 .46062 .44912 .43805 .42738 .41709

66 ..................................................................... .53835 .52461 .51137 .49862 .48634 .47449 .46307 .45206 .44143 .43118

67 ..................................................................... .55174 .53818 .52511 .51250 .50034 .48860 .47727 .46633 .45576 .44556

68 ..................................................................... .56524 .55188 .53899 .52654 .51452 .50291 .49168 .48083 .47034 .46020

69 ..................................................................... .57882 .56568 .55299 .54071 .52885 .51737 .50627 .49552 .48513 .47506

70 ..................................................................... .59242 .57951 .56703 .55495 .54325 .53193 .52096 .51034 .50004 .49007

71 ..................................................................... .60598 .59332 .58106 .56918 .55767 .54651 .53569 .52520 .51503 .50516

72 ..................................................................... .61948 .60707 .59504 .58338 .57206 .56108 .55043 .54009 .53004 .52029

73 ..................................................................... .63287 .62073 .60895 .59751 .58640 .57561 .56513 .55495 .54505 .53543

74 ..................................................................... .64621 .63435 .62282 .61162 .60073 .59015 .57985 .56984 .56009 .55061

75 ..................................................................... .65953 .64796 .63671 .62575 .61510 .60473 .59463 .58480 .57523 .56591

76 ..................................................................... .67287 .66160 .65063 .63995 .62954 .61940 .60952 .59989 .59050 .58135

77 ..................................................................... .68622 .67526 .66459 .65419 .64404 .63415 .62450 .61509 .60590 .59694

78 ..................................................................... .69954 .68892 .67856 .66845 .65858 .64895 .63955 .63036 .62140 .61264

79 ..................................................................... .71278 .70250 .69246 .68265 .67308 .66372 .65457 .64563 .63690 .62836

80 ..................................................................... .72581 .71588 .70618 .69668 .68740 .67833 .66945 .66077 .65227 .64396

81 ..................................................................... .73857 .72899 .71962 .71045 .70147 .69268 .68408 .67566 .66741 .65933

82 ..................................................................... .75101 .74178 .73274 .72389 .71522 .70672 .69840 .69024 .68225 .67441

83 ..................................................................... .76311 .75423 .74553 .73700 .72864 .72044 .71240 .70451 .69678 .68919

84 ..................................................................... .77497 .76645 .75809 .74988 .74183 .73393 .72618 .71857 .71110 .70377

85 ..................................................................... .78665 .77848 .77047 .76260 .75487 .74728 .73982 .73250 .72530 .71823

86 ..................................................................... .79805 .79025 .78258 .77504 .76764 .76036 .75320 .74617 .73925 .73245

87 ..................................................................... .80904 .80159 .79427 .78706 .77998 .77301 .76615 .75940 .75277 .74624

88 ..................................................................... .81962 .81251 .80552 .79865 .79188 .78521 .77865 .77220 .76584 .75958

89 ..................................................................... .82978 .82302 .81636 .80980 .80335 .79699 .79072 .78455 .77847 .77248

90 ..................................................................... .83952 .83309 .82676 .82052 .81437 .80831 .80234 .79645 .79064 .78492

91 ..................................................................... .84870 .84260 .83658 .83064 .82479 .81902 .81332 .80771 .80217 .79671

92 ..................................................................... .85716 .85136 .84563 .83998 .83441 .82891 .82348 .81812 .81283 .80761

93 ..................................................................... .86494 .85942 .85396 .84858 .84326 .83801 .83283 .82771 .82266 .81767

94 ..................................................................... .87216 .86690 .86170 .85657 .85149 .84648 .84153 .83664 .83181 .82704

95 ..................................................................... .87898 .87397 .86902 .86412 .85928 .85450 .84977 .84510 .84049 .83592

96 ..................................................................... .88537 .88060 .87587 .87121 .86659 .86203 .85751 .85305 .84864 .84427

97 ..................................................................... .89127 .88672 .88221 .87775 .87335 .86898 .86467 .86040 .85618 .85200

98 ..................................................................... .89680 .89245 .88815 .88389 .87968 .87551 .87138 .86730 .86326 .85926

99 ..................................................................... .90217 .89803 .89393 .88987 .88585 .88187 .87793 .87402 .87016 .86633

100 ................................................................... .90738 .90344 .89953 .89567 .89183 .88804 .88428 .88056 .87687 .87322

101 ................................................................... .91250 .90876 .90504 .90137 .89772 .89412 .89054 .88699 .88348 .88000

102 ................................................................... .91751 .91396 .91045 .90696 .90350 .90007 .89668 .89331 .88997 .88666

103 ................................................................... .92247 .91912 .91579 .91249 .90922 .90598 .90276 .89957 .89640 .89326

104 ................................................................... .92775 .92460 .92148 .91839 .91532 .91227 .90924 .90624 .90326 .90031

105 ................................................................... .93290 .92996 .92704 .92415 .92127 .91841 .91558 .91276 .90997 .90719

106 ................................................................... .93948 .93680 .93415 .93151 .92889 .92628 .92370 .92113 .91857 .91604

107 ................................................................... .94739 .94504 .94271 .94039 .93808 .93579 .93351 .93124 .92899 .92675

108 ................................................................... .95950 .95767 .95585 .95404 .95224 .95045 .94867 .94689 .94512 .94336

109 ................................................................... .97985 .97893 .97801 .97710 .97619 .97529 .97438 .97348 .97259 .97170

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

0 ....................................................................... .03034 .02857 .02700 .02559 .02433 .02321 .02220 .02129 .02047 .01973

1 ....................................................................... .02279 .02094 .01929 .01782 .01650 .01533 .01427 .01331 .01246 .01168

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36913

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

2 ....................................................................... .02347 .02155 .01983 .01829 .01692 .01569 .01458 .01358 .01268 .01187

3 ....................................................................... .02444 .02243 .02065 .01905 .01761 .01632 .01516 .01412 .01317 .01232

4 ....................................................................... .02558 .02349 .02163 .01996 .01846 .01712 .01590 .01481 .01382 .01292

5 ....................................................................... .02686 .02469 .02275 .02101 .01945 .01804 .01677 .01562 .01458 .01364

6 ....................................................................... .02825 .02600 .02398 .02217 .02053 .01906 .01773 .01653 .01544 .01445

7 ....................................................................... .02976 .02742 .02532 .02343 .02172 .02019 .01880 .01754 .01640 .01536

8 ....................................................................... .03137 .02894 .02675 .02479 .02301 .02140 .01995 .01864 .01744 .01635

9 ....................................................................... .03311 .03059 .02832 .02627 .02442 .02274 .02122 .01985 .01859 .01745

10 ..................................................................... .03499 .03237 .03001 .02788 .02595 .02420 .02262 .02118 .01987 .01867

11 ..................................................................... .03700 .03428 .03183 .02961 .02760 .02578 .02413 .02262 .02125 .02000

12 ..................................................................... .03913 .03632 .03377 .03146 .02937 .02748 .02575 .02418 .02275 .02144

13 ..................................................................... .04135 .03843 .03579 .03339 .03122 .02924 .02744 .02580 .02431 .02294

14 ..................................................................... .04359 .04057 .03783 .03534 .03308 .03102 .02915 .02744 .02587 .02444

15 ..................................................................... .04584 .04270 .03986 .03728 .03493 .03279 .03083 .02905 .02742 .02593

16 ..................................................................... .04806 .04482 .04187 .03919 .03674 .03452 .03248 .03063 .02892 .02736

17 ..................................................................... .05029 .04692 .04387 .04108 .03855 .03623 .03411 .03218 .03040 .02877

18 ..................................................................... .05253 .04905 .04588 .04299 .04036 .03795 .03574 .03373 .03187 .03017

19 ..................................................................... .05484 .05124 .04796 .04496 .04222 .03972 .03742 .03532 .03339 .03161

20 ..................................................................... .05726 .05354 .05013 .04702 .04418 .04158 .03919 .03700 .03498 .03313

21 ..................................................................... .05980 .05595 .05242 .04920 .04625 .04354 .04105 .03877 .03667 .03473

22 ..................................................................... .06246 .05847 .05482 .05147 .04841 .04559 .04301 .04063 .03844 .03642

23 ..................................................................... .06524 .06112 .05734 .05387 .05069 .04777 .04508 .04260 .04032 .03821

24 ..................................................................... .06819 .06392 .06001 .05642 .05312 .05008 .04728 .04470 .04232 .04012

25 ..................................................................... .07131 .06690 .06285 .05913 .05570 .05255 .04964 .04695 .04447 .04218

26 ..................................................................... .07460 .07005 .06586 .06200 .05845 .05518 .05215 .04936 .04677 .04438

27 ..................................................................... .07810 .07340 .06907 .06508 .06140 .05800 .05485 .05195 .04925 .04676

28 ..................................................................... .08179 .07693 .07246 .06833 .06451 .06098 .05772 .05469 .05189 .04929

29 ..................................................................... .08566 .08065 .07603 .07176 .06780 .06414 .06075 .05761 .05469 .05198

30 ..................................................................... .08973 .08456 .07978 .07536 .07127 .06748 .06396 .06069 .05766 .05483

31 ..................................................................... .09398 .08865 .08372 .07915 .07491 .07098 .06733 .06394 .06078 .05785

32 ..................................................................... .09843 .09294 .08785 .08313 .07875 .07468 .07089 .06737 .06409 .06103

33 ..................................................................... .10310 .09745 .09220 .08732 .08279 .07858 .07466 .07100 .06759 .06441

34 ..................................................................... .10799 .10217 .09676 .09173 .08705 .08269 .07862 .07483 .07129 .06798

35 ..................................................................... .11314 .10715 .10157 .09638 .09155 .08704 .08283 .07890 .07522 .07179

36 ..................................................................... .11852 .11236 .10662 .10127 .09628 .09162 .08726 .08319 .07938 .07581

37 ..................................................................... .12416 .11783 .11193 .10641 .10126 .09645 .09194 .08772 .08377 .08006

38 ..................................................................... .13009 .12359 .11751 .11183 .10652 .10155 .09689 .09253 .08843 .08459

39 ..................................................................... .13629 .12962 .12338 .11753 .11206 .10693 .10212 .09761 .09337 .08938

40 ..................................................................... .14281 .13597 .12955 .12355 .11791 .11262 .10766 .10299 .09860 .09447

41 ..................................................................... .14966 .14264 .13606 .12989 .12409 .11864 .11352 .10870 .10417 .09989

42 ..................................................................... .15685 .14966 .14291 .13657 .13061 .12500 .11972 .11475 .11006 .10564

43 ..................................................................... .16437 .15702 .15010 .14360 .13747 .13171 .12627 .12115 .11631 .11174

44 ..................................................................... .17224 .16472 .15764 .15098 .14469 .13876 .13317 .12789 .12290 .11819

45 ..................................................................... .18042 .17274 .16550 .15867 .15223 .14615 .14040 .13496 .12982 .12496

46 ..................................................................... .18893 .18110 .17370 .16671 .16011 .15387 .14796 .14238 .13708 .13207

47 ..................................................................... .19775 .18975 .18220 .17505 .16830 .16190 .15584 .15010 .14466 .13950

48 ..................................................................... .20688 .19873 .19102 .18373 .17682 .17027 .16406 .15817 .15258 .14727

49 ..................................................................... .21633 .20804 .20018 .19274 .18568 .17898 .17262 .16658 .16084 .15539

50 ..................................................................... .22612 .21769 .20969 .20210 .19490 .18805 .18155 .17536 .16948 .16388

51 ..................................................................... .23625 .22769 .21955 .21182 .20448 .19749 .19084 .18452 .17849 .17275

52 ..................................................................... .24669 .23799 .22973 .22186 .21438 .20726 .20047 .19400 .18784 .18196

53 ..................................................................... .25742 .24861 .24022 .23222 .22461 .21735 .21043 .20383 .19753 .19151

54 ..................................................................... .26845 .25952 .25101 .24290 .23516 .22777 .22072 .21399 .20756 .20140

55 ..................................................................... .27978 .27074 .26212 .25389 .24604 .23853 .23136 .22450 .21793 .21166

56 ..................................................................... .29140 .28227 .27355 .26522 .25725 .24963 .24233 .23535 .22867 .22227

57 ..................................................................... .30333 .29411 .28529 .27686 .26879 .26106 .25365 .24656 .23976 .23324

58 ..................................................................... .31551 .30621 .29731 .28878 .28061 .27278 .26528 .25807 .25116 .24453

59 ..................................................................... .32790 .31854 .30956 .30095 .29269 .28477 .27716 .26986 .26284 .25610

60 ..................................................................... .34050 .33107 .32202 .31334 .30500 .29699 .28929 .28190 .27478 .26794

61 ..................................................................... .35331 .34384 .33473 .32598 .31757 .30948 .30170 .29422 .28701 .28007

62 ..................................................................... .36639 .35688 .34772 .33892 .33044 .32229 .31443 .30687 .29958 .29255

63 ..................................................................... .37974 .37020 .36101 .35216 .34363 .33542 .32750 .31986 .31250 .30539

64 ..................................................................... .39334 .38378 .37456 .36568 .35711 .34884 .34087 .33317 .32574 .31857

65 ..................................................................... .40718 .39761 .38838 .37947 .37087 .36257 .35455 .34681 .33932 .33208

66 ..................................................................... .42128 .41172 .40249 .39357 .38496 .37663 .36858 .36079 .35326 .34597

67 ..................................................................... .43569 .42616 .41694 .40803 .39941 .39107 .38299 .37518 .36761 .36028

68 ..................................................................... .45038 .44089 .43170 .42281 .41419 .40585 .39777 .38994 .38235 .37499

69 ..................................................................... .46531 .45587 .44672 .43786 .42927 .42094 .41286 .40503 .39743 .39006

70 ..................................................................... .48040 .47103 .46194 .45312 .44456 .43626 .42820 .42038 .41278 .40540

71 ..................................................................... .49558 .48629 .47727 .46851 .46000 .45174 .44371 .43591 .42832 .42095

72 ..................................................................... .51082 .50162 .49268 .48399 .47554 .46733 .45934 .45157 .44401 .43666

73 ..................................................................... .52607 .51697 .50813 .49952 .49114 .48299 .47506 .46733 .45981 .45249

74 ..................................................................... .54139 .53241 .52367 .51515 .50686 .49879 .49092 .48325 .47578 .46849

75 ..................................................................... .55683 .54798 .53936 .53095 .52276 .51477 .50698 .49938 .49197 .48474

36914 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

76 ..................................................................... .57243 .56373 .55524 .54696 .53888 .53100 .52330 .51579 .50846 .50130

77 ..................................................................... .58819 .57965 .57132 .56318 .55523 .54747 .53988 .53247 .52523 .51815

78 ..................................................................... .60408 .59572 .58755 .57957 .57177 .56414 .55668 .54939 .54225 .53527

79 ..................................................................... .62001 .61184 .60385 .59604 .58840 .58092 .57360 .56644 .55943 .55256

80 ..................................................................... .63582 .62786 .62007 .61244 .60497 .59765 .59048 .58347 .57659 .56985

81 ..................................................................... .65142 .64367 .63608 .62864 .62135 .61421 .60721 .60034 .59361 .58701

82 ..................................................................... .66673 .65920 .65182 .64458 .63748 .63052 .62368 .61698 .61041 .60395

83 ..................................................................... .68175 .67444 .66728 .66024 .65334 .64656 .63991 .63338 .62696 .62066

84 ..................................................................... .69657 .68950 .68256 .67574 .66904 .66246 .65599 .64964 .64340 .63727

85 ..................................................................... .71128 .70446 .69775 .69116 .68467 .67830 .67204 .66587 .65982 .65386

86 ..................................................................... .72576 .71919 .71272 .70636 .70010 .69394 .68789 .68193 .67606 .67029

87 ..................................................................... .73981 .73349 .72726 .72114 .71511 .70917 .70333 .69757 .69190 .68632

88 ..................................................................... .75342 .74735 .74137 .73548 .72968 .72396 .71833 .71279 .70732 .70194

89 ..................................................................... .76658 .76076 .75503 .74938 .74381 .73832 .73290 .72757 .72231 .71712

90 ..................................................................... .77928 .77371 .76823 .76281 .75748 .75221 .74702 .74190 .73684 .73186

91 ..................................................................... .79131 .78600 .78075 .77557 .77046 .76542 .76044 .75553 .75068 .74589

92 ..................................................................... .80246 .79737 .79235 .78740 .78250 .77767 .77290 .76818 .76353 .75893

93 ..................................................................... .81274 .80788 .80307 .79832 .79363 .78899 .78441 .77989 .77542 .77100

94 ..................................................................... .82232 .81766 .81306 .80850 .80401 .79956 .79517 .79082 .78653 .78228

95 ..................................................................... .83141 .82695 .82254 .81818 .81387 .80961 .80539 .80122 .79710 .79302

96 ..................................................................... .83996 .83569 .83147 .82729 .82316 .81907 .81503 .81103 .80707 .80315

97 ..................................................................... .84787 .84378 .83973 .83573 .83176 .82784 .82396 .82012 .81632 .81255

98 ..................................................................... .85530 .85138 .84750 .84366 .83985 .83609 .83236 .82867 .82502 .82140

99 ..................................................................... .86255 .85880 .85508 .85140 .84776 .84415 .84057 .83703 .83353 .83005

100 ................................................................... .86960 .86601 .86246 .85894 .85546 .85200 .84858 .84519 .84183 .83849

101 ................................................................... .87655 .87313 .86974 .86638 .86305 .85975 .85648 .85324 .85003 .84684

102 ................................................................... .88338 .88012 .87689 .87369 .87052 .86738 .86426 .86116 .85809 .85505

103 ................................................................... .89015 .88706 .88399 .88095 .87793 .87494 .87197 .86903 .86611 .86321

104 ................................................................... .89737 .89446 .89157 .88871 .88586 .88304 .88024 .87745 .87469 .87195

105 ................................................................... .90443 .90170 .89898 .89628 .89360 .89094 .88830 .88568 .88307 .88049

106 ................................................................... .91351 .91101 .90852 .90605 .90359 .90115 .89873 .89632 .89392 .89154

107 ................................................................... .92452 .92230 .92010 .91791 .91573 .91356 .91141 .90927 .90714 .90502

108 ................................................................... .94161 .93987 .93814 .93641 .93469 .93298 .93128 .92958 .92790 .92622

109 ................................................................... .97081 .96992 .96904 .96816 .96729 .96642 .96555 .96468 .96382 .96296

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

0 ....................................................................... .01906 .01845 .01790 .01740 .01694 .01652 .01613 .01578 .01546 .01516

1 ....................................................................... .01098 .01034 .00977 .00924 .00876 .00833 .00793 .00756 .00722 .00691

2 ....................................................................... .01113 .01046 .00986 .00930 .00880 .00834 .00791 .00753 .00717 .00684

3 ....................................................................... .01155 .01084 .01020 .00962 .00909 .00860 .00816 .00775 .00737 .00702

4 ....................................................................... .01211 .01137 .01069 .01008 .00952 .00900 .00853 .00810 .00770 .00733

5 ....................................................................... .01279 .01201 .01130 .01065 .01006 .00952 .00902 .00856 .00814 .00775

6 ....................................................................... .01356 .01274 .01199 .01131 .01068 .01011 .00959 .00910 .00865 .00824

7 ....................................................................... .01442 .01356 .01277 .01205 .01140 .01079 .01023 .00972 .00925 .00881

8 ....................................................................... .01536 .01446 .01363 .01287 .01218 .01154 .01096 .01041 .00991 .00945

9 ....................................................................... .01641 .01546 .01460 .01380 .01307 .01240 .01178 .01120 .01068 .01019

10 ..................................................................... .01758 .01659 .01567 .01484 .01407 .01336 .01270 .01210 .01154 .01103

11 ..................................................................... .01886 .01781 .01686 .01598 .01517 .01442 .01373 .01310 .01251 .01196

12 ..................................................................... .02024 .01915 .01814 .01721 .01636 .01558 .01485 .01419 .01357 .01299

13 ..................................................................... .02168 .02054 .01948 .01851 .01762 .01679 .01603 .01533 .01467 .01407

14 ..................................................................... .02313 .02193 .02083 .01981 .01887 .01801 .01721 .01646 .01578 .01514

15 ..................................................................... .02456 .02330 .02214 .02107 .02009 .01918 .01834 .01756 .01684 .01617

16 ..................................................................... .02593 .02462 .02340 .02229 .02126 .02030 .01942 .01860 .01785 .01714

17 ..................................................................... .02728 .02590 .02463 .02346 .02238 .02138 .02046 .01960 .01880 .01806

18 ..................................................................... .02861 .02717 .02584 .02462 .02348 .02243 .02146 .02056 .01972 .01894

19 ..................................................................... .02998 .02847 .02708 .02580 .02461 .02351 .02249 .02154 .02066 .01984

20 ..................................................................... .03142 .02984 .02839 .02704 .02580 .02465 .02357 .02258 .02165 .02079

21 ..................................................................... .03295 .03130 .02978 .02837 .02706 .02585 .02473 .02368 .02271 .02180

22 ..................................................................... .03455 .03283 .03124 .02976 .02839 .02712 .02594 .02484 .02382 .02286

23 ..................................................................... .03626 .03446 .03279 .03124 .02981 .02847 .02723 .02608 .02500 .02400

24 ..................................................................... .03809 .03620 .03446 .03283 .03133 .02993 .02863 .02741 .02628 .02522

25 ..................................................................... .04005 .03808 .03625 .03456 .03298 .03151 .03014 .02887 .02768 .02656

26 ..................................................................... .04216 .04010 .03819 .03641 .03476 .03322 .03178 .03044 .02919 .02802

27 ..................................................................... .04444 .04229 .04029 .03843 .03670 .03508 .03357 .03217 .03085 .02962

28 ..................................................................... .04687 .04463 .04254 .04059 .03877 .03708 .03550 .03402 .03263 .03133

29 ..................................................................... .04946 .04712 .04493 .04289 .04099 .03922 .03756 .03600 .03455 .03318

30 ..................................................................... .05221 .04976 .04748 .04534 .04335 .04149 .03975 .03812 .03659 .03515

31 ..................................................................... .05511 .05255 .05017 .04794 .04585 .04390 .04208 .04037 .03876 .03725

32 ..................................................................... .05818 .05551 .05302 .05069 .04851 .04647 .04455 .04276 .04107 .03948

33 ..................................................................... .06144 .05866 .05606 .05363 .05135 .04921 .04720 .04532 .04355 .04188

34 ..................................................................... .06489 .06200 .05928 .05674 .05436 .05212 .05002 .04805 .04619 .04444

35 ..................................................................... .06857 .06555 .06273 .06007 .05758 .05524 .05304 .05097 .04902 .04718

36 ..................................................................... .07246 .06932 .06638 .06361 .06101 .05856 .05626 .05409 .05205 .05012

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36915

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

37 ..................................................................... .07659 .07332 .07025 .06737 .06466 .06210 .05969 .05742 .05528 .05325

38 ..................................................................... .08098 .07758 .07439 .07138 .06855 .06588 .06336 .06099 .05874 .05662

39 ..................................................................... .08563 .08210 .07878 .07565 .07270 .06992 .06729 .06480 .06245 .06023

40 ..................................................................... .09059 .08692 .08347 .08021 .07714 .07423 .07149 .06889 .06643 .06411

41 ..................................................................... .09586 .09206 .08848 .08509 .08189 .07886 .07600 .07329 .07072 .06828

42 ..................................................................... .10147 .09753 .09381 .09029 .08696 .08381 .08083 .07800 .07531 .07277

43 ..................................................................... .10742 .10334 .09948 .09583 .09237 .08909 .08598 .08304 .08024 .07758

44 ..................................................................... .11373 .10950 .10551 .10172 .09813 .09472 .09148 .08841 .08549 .08272

45 ..................................................................... .12035 .11599 .11185 .10792 .10420 .10066 .09730 .09410 .09106 .08817

46 ..................................................................... .12732 .12281 .11853 .11447 .11061 .10694 .10345 .10013 .09696 .09395

47 ..................................................................... .13460 .12995 .12553 .12133 .11733 .11353 .10991 .10646 .10317 .10004

48 ..................................................................... .14223 .13743 .13287 .12853 .12439 .12046 .11671 .11313 .10972 .10646

49 ..................................................................... .15020 .14526 .14056 .13608 .13181 .12774 .12385 .12015 .11661 .11322

50 ..................................................................... .15855 .15347 .14862 .14401 .13960 .13540 .13138 .12754 .12388 .12037

51 ..................................................................... .16727 .16205 .15707 .15232 .14777 .14344 .13929 .13532 .13153 .12789

52 ..................................................................... .17634 .17098 .16587 .16097 .15630 .15183 .14755 .14345 .13953 .13577

53 ..................................................................... .18576 .18027 .17501 .16999 .16518 .16057 .15616 .15194 .14789 .14400

54 ..................................................................... .19552 .18990 .18451 .17935 .17441 .16968 .16514 .16078 .15661 .15260

55 ..................................................................... .20564 .19989 .19437 .18908 .18402 .17915 .17449 .17001 .16571 .16157

56 ..................................................................... .21613 .21025 .20461 .19919 .19400 .18901 .18422 .17962 .17519 .17093

57 ..................................................................... .22698 .22098 .21522 .20968 .20436 .19925 .19434 .18961 .18507 .18069

58 ..................................................................... .23816 .23204 .22616 .22051 .21507 .20984 .20481 .19996 .19530 .19080

59 ..................................................................... .24962 .24339 .23740 .23163 .22608 .22073 .21558 .21062 .20584 .20123

60 ..................................................................... .26136 .25502 .24892 .24304 .23738 .23192 .22666 .22158 .21669 .21196

61 ..................................................................... .27339 .26695 .26075 .25477 .24900 .24343 .23806 .23288 .22787 .22304

62 ..................................................................... .28578 .27925 .27295 .26687 .26100 .25533 .24985 .24456 .23945 .23451

63 ..................................................................... .29854 .29192 .28553 .27935 .27339 .26762 .26205 .25666 .25145 .24641

64 ..................................................................... .31164 .30494 .29846 .29221 .28615 .28030 .27463 .26915 .26384 .25870

65 ..................................................................... .32508 .31831 .31177 .30543 .29930 .29336 .28761 .28203 .27663 .27140

66 ..................................................................... .33891 .33208 .32547 .31906 .31285 .30684 .30101 .29536 .28987 .28456

67 ..................................................................... .35318 .34630 .33963 .33316 .32689 .32081 .31491 .30918 .30363 .29823

68 ..................................................................... .36785 .36093 .35422 .34770 .34138 .33524 .32928 .32349 .31787 .31240

69 ..................................................................... .38290 .37595 .36920 .36265 .35628 .35009 .34408 .33824 .33256 .32703

70 ..................................................................... .39823 .39127 .38450 .37791 .37151 .36529 .35924 .35335 .34762 .34204

71 ..................................................................... .41378 .40681 .40003 .39343 .38701 .38076 .37467 .36875 .36298 .35736

72 ..................................................................... .42950 .42253 .41575 .40914 .40271 .39644 .39034 .38438 .37858 .37293

73 ..................................................................... .44535 .43840 .43162 .42502 .41858 .41231 .40619 .40022 .39440 .38872

74 ..................................................................... .46139 .45446 .44771 .44112 .43469 .42842 .42230 .41632 .41049 .40479

75 ..................................................................... .47769 .47080 .46408 .45752 .45111 .44485 .43874 .43277 .42693 .42123

76 ..................................................................... .49430 .48747 .48079 .47427 .46790 .46167 .45558 .44963 .44380 .43811

77 ..................................................................... .51123 .50447 .49786 .49139 .48506 .47888 .47282 .46690 .46111 .45543

78 ..................................................................... .52845 .52177 .51523 .50884 .50257 .49645 .49044 .48457 .47881 .47317

79 ..................................................................... .54584 .53926 .53282 .52650 .52032 .51426 .50833 .50251 .49681 .49122

80 ..................................................................... .56325 .55678 .55044 .54423 .53813 .53216 .52630 .52056 .51492 .50939

81 ..................................................................... .58054 .57419 .56797 .56186 .55587 .54999 .54422 .53856 .53300 .52754

82 ..................................................................... .59762 .59140 .58530 .57931 .57343 .56766 .56198 .55641 .55094 .54557

83 ..................................................................... .61448 .60840 .60243 .59657 .59081 .58515 .57958 .57411 .56874 .56346

84 ..................................................................... .63124 .62531 .61949 .61376 .60813 .60259 .59715 .59179 .58652 .58134

85 ..................................................................... .64800 .64224 .63657 .63099 .62550 .62010 .61478 .60955 .60441 .59934

86 ..................................................................... .66461 .65902 .65351 .64810 .64276 .63751 .63233 .62724 .62222 .61728

87 ..................................................................... .68083 .67541 .67008 .66483 .65965 .65455 .64953 .64458 .63970 .63489

88 ..................................................................... .69663 .69140 .68624 .68116 .67615 .67121 .66634 .66154 .65680 .65213

89 ..................................................................... .71201 .70696 .70199 .69708 .69224 .68747 .68276 .67811 .67353 .66900

90 ..................................................................... .72694 .72209 .71730 .71257 .70791 .70330 .69876 .69427 .68984 .68547

91 ..................................................................... .74117 .73650 .73190 .72735 .72286 .71842 .71404 .70972 .70545 .70123

92 ..................................................................... .75439 .74991 .74548 .74110 .73678 .73251 .72829 .72412 .72000 .71593

93 ..................................................................... .76664 .76233 .75806 .75385 .74969 .74557 .74150 .73748 .73350 .72957

94 ..................................................................... .77809 .77394 .76983 .76578 .76177 .75780 .75388 .75000 .74616 .74237

95 ..................................................................... .78899 .78500 .78106 .77715 .77329 .76947 .76569 .76195 .75826 .75460

96 ..................................................................... .79928 .79544 .79165 .78790 .78418 .78050 .77686 .77326 .76970 .76617

97 ..................................................................... .80883 .80514 .80149 .79787 .79430 .79075 .78725 .78377 .78033 .77693

98 ..................................................................... .81781 .81427 .81075 .80727 .80382 .80041 .79703 .79368 .79036 .78708

99 ..................................................................... .82661 .82320 .81982 .81648 .81316 .80988 .80662 .80340 .80020 .79704

100 ................................................................... .83519 .83192 .82868 .82547 .82228 .81913 .81600 .81290 .80982 .80678

101 ................................................................... .84368 .84055 .83744 .83437 .83131 .82829 .82529 .82231 .81936 .81643

102 ................................................................... .85203 .84904 .84607 .84313 .84021 .83731 .83444 .83159 .82876 .82596

103 ................................................................... .86034 .85748 .85465 .85184 .84906 .84629 .84355 .84082 .83812 .83544

104 ................................................................... .86923 .86653 .86385 .86119 .85855 .85593 .85333 .85074 .84818 .84563

105 ................................................................... .87792 .87537 .87283 .87032 .86782 .86534 .86287 .86042 .85799 .85557

106 ................................................................... .88918 .88683 .88450 .88218 .87987 .87758 .87530 .87304 .87079 .86855

107 ................................................................... .90291 .90082 .89873 .89666 .89460 .89255 .89051 .88849 .88647 .88447

108 ................................................................... .92455 .92288 .92123 .91958 .91794 .91630 .91468 .91306 .91145 .90984

109 ................................................................... .96211 .96125 .96041 .95956 .95872 .95788 .95704 .95620 .95537 .95455

36916 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%

0 ....................................................................... .01488 .01463 .01439 .01417 .01396 .01377 .01359 .01343 .01327 .01312

1 ....................................................................... .00662 .00636 .00612 .00589 .00568 .00548 .00530 .00513 .00497 .00482

2 ....................................................................... .00654 .00626 .00600 .00576 .00554 .00533 .00514 .00496 .00479 .00463

3 ....................................................................... .00670 .00641 .00613 .00588 .00564 .00542 .00522 .00502 .00484 .00468

4 ....................................................................... .00699 .00668 .00639 .00612 .00587 .00563 .00542 .00521 .00502 .00484

5 ....................................................................... .00739 .00706 .00675 .00646 .00620 .00595 .00571 .00550 .00529 .00510

6 ....................................................................... .00786 .00751 .00718 .00687 .00659 .00633 .00608 .00585 .00563 .00543

7 ....................................................................... .00841 .00803 .00769 .00736 .00706 .00678 .00652 .00627 .00604 .00582

8 ....................................................................... .00902 .00863 .00826 .00791 .00759 .00730 .00702 .00675 .00651 .00628

9 ....................................................................... .00973 .00931 .00892 .00856 .00822 .00790 .00760 .00733 .00706 .00682

10 ..................................................................... .01055 .01010 .00969 .00930 .00894 .00861 .00829 .00799 .00772 .00746

11 ..................................................................... .01146 .01099 .01055 .01014 .00976 .00940 .00907 .00875 .00846 .00818

12 ..................................................................... .01246 .01196 .01150 .01106 .01066 .01028 .00993 .00960 .00928 .00899

13 ..................................................................... .01351 .01298 .01249 .01204 .01161 .01121 .01084 .01049 .01016 .00985

14 ..................................................................... .01455 .01400 .01348 .01300 .01255 .01213 .01173 .01136 .01102 .01069

15 ..................................................................... .01555 .01497 .01443 .01392 .01345 .01300 .01259 .01220 .01183 .01148

16 ..................................................................... .01648 .01587 .01530 .01477 .01427 .01380 .01336 .01295 .01257 .01220

17 ..................................................................... .01737 .01673 .01612 .01556 .01504 .01455 .01408 .01365 .01324 .01286

18 ..................................................................... .01822 .01754 .01691 .01632 .01576 .01525 .01476 .01430 .01387 .01347

19 ..................................................................... .01908 .01837 .01770 .01708 .01650 .01595 .01544 .01495 .01450 .01407

20 ..................................................................... .01999 .01924 .01854 .01788 .01726 .01669 .01615 .01564 .01516 .01471

21 ..................................................................... .02096 .02017 .01943 .01874 .01809 .01748 .01691 .01637 .01586 .01539

22 ..................................................................... .02197 .02114 .02036 .01963 .01895 .01830 .01770 .01713 .01660 .01610

23 ..................................................................... .02306 .02218 .02136 .02059 .01987 .01919 .01855 .01795 .01739 .01686

24 ..................................................................... .02424 .02331 .02245 .02163 .02087 .02016 .01948 .01885 .01825 .01769

25 ..................................................................... .02552 .02455 .02364 .02278 .02197 .02122 .02051 .01984 .01920 .01861

26 ..................................................................... .02692 .02589 .02493 .02403 .02318 .02238 .02162 .02091 .02025 .01961

27 ..................................................................... .02846 .02738 .02636 .02541 .02451 .02367 .02287 .02212 .02141 .02074

28 ..................................................................... .03012 .02898 .02791 .02690 .02595 .02506 .02422 .02342 .02267 .02196

29 ..................................................................... .03190 .03070 .02957 .02851 .02751 .02656 .02567 .02483 .02404 .02329

30 ..................................................................... .03381 .03254 .03135 .03023 .02917 .02817 .02723 .02634 .02551 .02471

31 ..................................................................... .03583 .03450 .03324 .03206 .03094 .02989 .02890 .02796 .02707 .02623

32 ..................................................................... .03799 .03659 .03527 .03402 .03284 .03173 .03068 .02968 .02874 .02785

33 ..................................................................... .04031 .03883 .03744 .03612 .03488 .03371 .03260 .03155 .03055 .02961

34 ..................................................................... .04279 .04123 .03976 .03838 .03707 .03583 .03465 .03354 .03249 .03149

35 ..................................................................... .04545 .04382 .04227 .04081 .03943 .03812 .03688 .03571 .03459 .03354

36 ..................................................................... .04830 .04658 .04495 .04341 .04196 .04058 .03927 .03803 .03685 .03573

37 ..................................................................... .05134 .04953 .04782 .04620 .04467 .04321 .04183 .04052 .03928 .03809

38 ..................................................................... .05462 .05272 .05092 .04921 .04760 .04606 .04461 .04322 .04191 .04066

39 ..................................................................... .05812 .05613 .05424 .05245 .05075 .04913 .04760 .04614 .04475 .04343

40 ..................................................................... .06190 .05981 .05782 .05594 .05415 .05245 .05083 .04929 .04783 .04643

41 ..................................................................... .06597 .06378 .06170 .05972 .05784 .05605 .05435 .05272 .05118 .04970

42 ..................................................................... .07035 .06806 .06587 .06380 .06182 .05994 .05815 .05644 .05481 .05326

43 ..................................................................... .07505 .07265 .07036 .06818 .06611 .06414 .06225 .06045 .05874 .05710

44 ..................................................................... .08008 .07757 .07518 .07290 .07072 .06865 .06667 .06478 .06298 .06125

45 ..................................................................... .08542 .08279 .08029 .07791 .07563 .07346 .07138 .06940 .06750 .06569

46 ..................................................................... .09108 .08834 .08573 .08324 .08085 .07858 .07640 .07432 .07233 .07043

47 ..................................................................... .09705 .09419 .09147 .08886 .08637 .08399 .08172 .07954 .07745 .07545

48 ..................................................................... .10335 .10038 .09754 .09482 .09222 .08973 .08735 .08507 .08288 .08078

49 ..................................................................... .10999 .10690 .10394 .10111 .09840 .09581 .09332 .09093 .08864 .08644

50 ..................................................................... .11701 .11380 .11073 .10778 .10496 .10225 .09965 .09716 .09477 .09247

51 ..................................................................... .12441 .12108 .11789 .11482 .11189 .10907 .10636 .10376 .10126 .09886

52 ..................................................................... .13217 .12871 .12540 .12222 .11916 .11623 .11341 .11071 .10810 .10560

53 ..................................................................... .14028 .13670 .13327 .12997 .12680 .12375 .12082 .11801 .11529 .11268

54 ..................................................................... .14875 .14505 .14150 .13808 .13480 .13163 .12859 .12566 .12284 .12012

55 ..................................................................... .15760 .15378 .15011 .14657 .14317 .13989 .13674 .13370 .13077 .12794

56 ..................................................................... .16684 .16290 .15911 .15546 .15194 .14855 .14528 .14213 .13909 .13615

57 ..................................................................... .17648 .17242 .16851 .16474 .16111 .15760 .15422 .15096 .14781 .14477

58 ..................................................................... .18647 .18229 .17827 .17438 .17064 .16702 .16353 .16015 .15689 .15374

59 ..................................................................... .19678 .19249 .18835 .18435 .18049 .17676 .17316 .16968 .16631 .16305

60 ..................................................................... .20740 .20300 .19875 .19464 .19066 .18682 .18311 .17952 .17604 .17268

61 ..................................................................... .21837 .21385 .20949 .20527 .20119 .19724 .19341 .18971 .18613 .18266

62 ..................................................................... .22973 .22511 .22064 .21631 .21212 .20807 .20414 .20033 .19664 .19306

63 ..................................................................... .24152 .23680 .23222 .22779 .22350 .21934 .21530 .21139 .20760 .20392

64 ..................................................................... .25372 .24890 .24422 .23969 .23529 .23103 .22690 .22289 .21899 .21521

65 ..................................................................... .26633 .26141 .25664 .25201 .24752 .24316 .23893 .23482 .23083 .22695

66 ..................................................................... .27940 .27439 .26953 .26481 .26023 .25577 .25145 .24724 .24316 .23918

67 ..................................................................... .29299 .28790 .28296 .27815 .27348 .26894 .26453 .26024 .25606 .25200

68 ..................................................................... .30709 .30193 .29691 .29202 .28728 .28265 .27816 .27378 .26952 .26537

69 ..................................................................... .32166 .31643 .31134 .30639 .30157 .29687 .29230 .28785 .28351 .27928

70 ..................................................................... .33661 .33133 .32618 .32116 .31628 .31152 .30688 .30235 .29794 .29364

71 ..................................................................... .35188 .34654 .34134 .33627 .33133 .32651 .32181 .31722 .31275 .30838

72 ..................................................................... .36742 .36204 .35679 .35168 .34668 .34181 .33706 .33241 .32788 .32345

73 ..................................................................... .38317 .37776 .37248 .36733 .36229 .35738 .35257 .34788 .34330 .33882

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36917

Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%

74 ..................................................................... .39923 .39380 .38849 .38330 .37823 .37328 .36844 .36370 .35908 .35455

75 ..................................................................... .41566 .41021 .40489 .39968 .39459 .38961 .38474 .37997 .37531 .37074

76 ..................................................................... .43254 .42709 .42176 .41655 .41144 .40645 .40156 .39677 .39208 .38749

77 ..................................................................... .44988 .44444 .43912 .43391 .42880 .42380 .41891 .41411 .40940 .40479

78 ..................................................................... .46765 .46224 .45694 .45174 .44665 .44166 .43677 .43197 .42726 .42265

79 ..................................................................... .48574 .48037 .47510 .46993 .46487 .45990 .45502 .45024 .44554 .44094

80 ..................................................................... .50397 .49865 .49343 .48830 .48327 .47834 .47349 .46873 .46406 .45947

81 ..................................................................... .52219 .51693 .51176 .50669 .50171 .49682 .49201 .48729 .48265 .47809

82 ..................................................................... .54029 .53510 .53000 .52499 .52007 .51523 .51047 .50580 .50120 .49667

83 ..................................................................... .55826 .55315 .54813 .54319 .53834 .53356 .52886 .52424 .51969 .51522

84 ..................................................................... .57624 .57123 .56629 .56144 .55666 .55195 .54732 .54277 .53828 .53386

85 ..................................................................... .59435 .58944 .58460 .57984 .57516 .57054 .56599 .56151 .55710 .55275

86 ..................................................................... .61241 .60762 .60289 .59824 .59365 .58913 .58468 .58029 .57596 .57170

87 ..................................................................... .63015 .62548 .62087 .61633 .61185 .60744 .60309 .59880 .59456 .59039

88 ..................................................................... .64753 .64299 .63851 .63409 .62973 .62543 .62118 .61700 .61287 .60879

89 ..................................................................... .66454 .66013 .65579 .65150 .64726 .64308 .63895 .63488 .63086 .62689

90 ..................................................................... .68115 .67689 .67268 .66853 .66442 .66037 .65637 .65241 .64851 .64465

91 ..................................................................... .69706 .69294 .68887 .68486 .68089 .67696 .67309 .66925 .66547 .66173

92 ..................................................................... .71190 .70792 .70399 .70011 .69627 .69247 .68872 .68501 .68134 .67771

93 ..................................................................... .72569 .72184 .71804 .71429 .71057 .70689 .70326 .69967 .69611 .69259

94 ..................................................................... .73861 .73490 .73123 .72759 .72400 .72044 .71692 .71344 .71000 .70659

95 ..................................................................... .75097 .74739 .74384 .74033 .73686 .73342 .73002 .72665 .72331 .72001

96 ..................................................................... .76267 .75922 .75579 .75240 .74905 .74572 .74243 .73917 .73595 .73275

97 ..................................................................... .77356 .77022 .76691 .76363 .76039 .75718 .75399 .75084 .74772 .74463

98 ..................................................................... .78382 .78059 .77740 .77423 .77110 .76799 .76491 .76186 .75884 .75584

99 ..................................................................... .79390 .79079 .78771 .78465 .78162 .77862 .77565 .77270 .76978 .76688

100 ................................................................... .80376 .80076 .79779 .79485 .79193 .78904 .78617 .78333 .78051 .77771

101 ................................................................... .81353 .81066 .80780 .80497 .80217 .79938 .79662 .79388 .79117 .78847

102 ................................................................... .82318 .82042 .81768 .81496 .81227 .80960 .80694 .80431 .80170 .79911

103 ................................................................... .83278 .83014 .82752 .82491 .82233 .81977 .81723 .81470 .81220 .80971

104 ................................................................... .84310 .84059 .83810 .83563 .83317 .83073 .82831 .82591 .82352 .82115

105 ................................................................... .85318 .85079 .84843 .84607 .84374 .84142 .83911 .83682 .83455 .83229

106 ................................................................... .86633 .86413 .86193 .85975 .85758 .85543 .85329 .85116 .84904 .84694

107 ................................................................... .88247 .88049 .87852 .87656 .87460 .87266 .87073 .86881 .86690 .86500

108 ................................................................... .90825 .90666 .90507 .90350 .90193 .90037 .89881 .89727 .89572 .89419

109 ................................................................... .95372 .95290 .95208 .95126 .95045 .94964 .94883 .94803 .94723 .94643

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

0 ....................................................................... .01298 .01285 .01273 .01261 .01250 .01240 .01230 .01221 .01212 .01203

1 ....................................................................... .00468 .00455 .00443 .00431 .00420 .00410 .00400 .00391 .00382 .00374

2 ....................................................................... .00448 .00435 .00421 .00409 .00398 .00387 .00376 .00366 .00357 .00348

3 ....................................................................... .00452 .00437 .00423 .00410 .00398 .00386 .00375 .00365 .00355 .00345

4 ....................................................................... .00468 .00452 .00437 .00423 .00410 .00397 .00386 .00375 .00364 .00354

5 ....................................................................... .00493 .00476 .00460 .00445 .00431 .00418 .00405 .00393 .00382 .00371

6 ....................................................................... .00524 .00506 .00489 .00473 .00458 .00444 .00430 .00418 .00406 .00394

7 ....................................................................... .00562 .00543 .00525 .00508 .00492 .00477 .00462 .00449 .00436 .00423

8 ....................................................................... .00606 .00586 .00566 .00548 .00531 .00515 .00499 .00485 .00471 .00458

9 ....................................................................... .00659 .00637 .00616 .00597 .00579 .00561 .00545 .00529 .00514 .00500

10 ..................................................................... .00721 .00698 .00676 .00655 .00636 .00617 .00600 .00583 .00567 .00552

11 ..................................................................... .00792 .00767 .00744 .00722 .00701 .00682 .00663 .00645 .00628 .00612

12 ..................................................................... .00871 .00845 .00821 .00797 .00775 .00754 .00735 .00716 .00698 .00681

13 ..................................................................... .00955 .00928 .00902 .00877 .00854 .00831 .00810 .00790 .00771 .00753

14 ..................................................................... .01038 .01009 .00981 .00955 .00930 .00907 .00885 .00864 .00843 .00824

15 ..................................................................... .01116 .01085 .01056 .01028 .01002 .00977 .00954 .00932 .00910 .00890

16 ..................................................................... .01186 .01153 .01123 .01094 .01066 .01040 .01015 .00992 .00969 .00948

17 ..................................................................... .01250 .01215 .01183 .01152 .01124 .01096 .01070 .01045 .01022 .00999

18 ..................................................................... .01308 .01272 .01238 .01206 .01175 .01147 .01119 .01093 .01068 .01044

19 ..................................................................... .01367 .01329 .01293 .01259 .01227 .01196 .01167 .01140 .01113 .01088

20 ..................................................................... .01428 .01388 .01350 .01314 .01280 .01248 .01217 .01188 .01161 .01134

21 ..................................................................... .01494 .01451 .01411 .01373 .01337 .01303 .01271 .01240 .01211 .01183

22 ..................................................................... .01562 .01517 .01475 .01435 .01397 .01361 .01326 .01294 .01263 .01233

23 ..................................................................... .01635 .01588 .01543 .01501 .01460 .01422 .01386 .01351 .01319 .01287

24 ..................................................................... .01716 .01665 .01618 .01573 .01530 .01489 .01451 .01415 .01380 .01347

25 ..................................................................... .01804 .01751 .01701 .01653 .01608 .01565 .01524 .01485 .01448 .01413

26 ..................................................................... .01902 .01845 .01792 .01741 .01693 .01648 .01604 .01563 .01524 .01487

27 ..................................................................... .02011 .01951 .01895 .01841 .01790 .01742 .01696 .01652 .01610 .01571

28 ..................................................................... .02129 .02066 .02006 .01949 .01895 .01844 .01795 .01748 .01704 .01662

29 ..................................................................... .02258 .02191 .02127 .02067 .02009 .01955 .01903 .01853 .01806 .01762

30 ..................................................................... .02396 .02325 .02257 .02193 .02132 .02074 .02019 .01966 .01916 .01869

31 ..................................................................... .02543 .02467 .02396 .02328 .02263 .02201 .02143 .02087 .02034 .01983

32 ..................................................................... .02701 .02621 .02545 .02472 .02404 .02338 .02276 .02217 .02160 .02106

33 ..................................................................... .02871 .02786 .02706 .02629 .02556 .02487 .02420 .02357 .02297 .02240

34 ..................................................................... .03054 .02964 .02879 .02797 .02720 .02646 .02576 .02509 .02445 .02383

36918 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

35 ..................................................................... .03253 .03158 .03067 .02981 .02898 .02820 .02745 .02674 .02606 .02541

36 ..................................................................... .03467 .03366 .03269 .03178 .03090 .03007 .02928 .02852 .02779 .02710

37 ..................................................................... .03697 .03590 .03488 .03391 .03298 .03209 .03125 .03044 .02967 .02893

38 ..................................................................... .03947 .03833 .03725 .03622 .03524 .03430 .03340 .03254 .03172 .03094

39 ..................................................................... .04217 .04096 .03982 .03873 .03768 .03669 .03573 .03482 .03395 .03312

40 ..................................................................... .04510 .04383 .04262 .04146 .04035 .03930 .03828 .03732 .03639 .03550

41 ..................................................................... .04830 .04695 .04567 .04445 .04327 .04215 .04108 .04005 .03907 .03812

42 ..................................................................... .05177 .05035 .04900 .04770 .04646 .04527 .04413 .04304 .04200 .04100

43 ..................................................................... .05553 .05404 .05261 .05123 .04992 .04866 .04746 .04630 .04520 .04413

44 ..................................................................... .05960 .05802 .05651 .05506 .05368 .05235 .05107 .04985 .04867 .04754

45 ..................................................................... .06395 .06229 .06069 .05917 .05770 .05630 .05495 .05365 .05241 .05121

46 ..................................................................... .06860 .06685 .06517 .06356 .06202 .06053 .05911 .05774 .05643 .05516

47 ..................................................................... .07353 .07169 .06992 .06823 .06660 .06504 .06353 .06209 .06070 .05936

48 ..................................................................... .07877 .07684 .07498 .07320 .07149 .06984 .06826 .06673 .06527 .06385

49 ..................................................................... .08433 .08231 .08036 .07849 .07669 .07495 .07329 .07168 .07013 .06864

50 ..................................................................... .09026 .08814 .08609 .08413 .08224 .08042 .07867 .07698 .07535 .07378

51 ..................................................................... .09655 .09433 .09219 .09013 .08815 .08624 .08440 .08262 .08091 .07926

52 ..................................................................... .10318 .10086 .09863 .09647 .09439 .09239 .09046 .08860 .08680 .08506

53 ..................................................................... .11017 .10774 .10541 .10315 .10098 .09888 .09686 .09491 .09302 .09120

54 ..................................................................... .11750 .11498 .11254 .11019 .10792 .10572 .10361 .10156 .09958 .09767

55 ..................................................................... .12522 .12258 .12005 .11759 .11522 .11294 .11072 .10859 .10652 .10451

56 ..................................................................... .13332 .13059 .12794 .12539 .12292 .12054 .11823 .11599 .11383 .11174

57 ..................................................................... .14183 .13899 .13624 .13359 .13102 .12853 .12613 .12380 .12154 .11936

58 ..................................................................... .15070 .14775 .14490 .14215 .13948 .13689 .13439 .13197 .12962 .12734

59 ..................................................................... .15990 .15685 .15389 .15103 .14826 .14558 .14298 .14046 .13801 .13564

60 ..................................................................... .16942 .16626 .16321 .16024 .15737 .15459 .15189 .14927 .14673 .14426

61 ..................................................................... .17929 .17603 .17287 .16981 .16684 .16395 .16115 .15844 .15580 .15324

62 ..................................................................... .18960 .18623 .18297 .17980 .17673 .17375 .17085 .16803 .16530 .16264

63 ..................................................................... .20035 .19688 .19352 .19025 .18708 .18400 .18100 .17809 .17525 .17250

64 ..................................................................... .21154 .20797 .20451 .20114 .19787 .19469 .19159 .18859 .18566 .18281

65 ..................................................................... .22318 .21951 .21595 .21249 .20912 .20584 .20265 .19955 .19652 .19358

66 ..................................................................... .23532 .23156 .22790 .22434 .22088 .21751 .21422 .21102 .20791 .20487

67 ..................................................................... .24804 .24419 .24044 .23679 .23324 .22977 .22640 .22311 .21990 .21678

68 ..................................................................... .26133 .25740 .25356 .24983 .24618 .24263 .23917 .23579 .23250 .22929

69 ..................................................................... .27516 .27114 .26723 .26341 .25969 .25605 .25251 .24905 .24567 .24237

70 ..................................................................... .28945 .28536 .28137 .27747 .27367 .26996 .26633 .26279 .25934 .25596

71 ..................................................................... .30412 .29996 .29590 .29193 .28806 .28427 .28057 .27696 .27343 .26998

72 ..................................................................... .31913 .31491 .31078 .30675 .30281 .29895 .29519 .29150 .28790 .28438

73 ..................................................................... .33444 .33016 .32597 .32188 .31788 .31396 .31013 .30638 .30271 .29913

74 ..................................................................... .35012 .34579 .34155 .33741 .33335 .32938 .32549 .32168 .31795 .31430

75 ..................................................................... .36628 .36190 .35762 .35343 .34932 .34530 .34136 .33750 .33372 .33001

76 ..................................................................... .38299 .37858 .37427 .37004 .36589 .36183 .35784 .35394 .35011 .34636

77 ..................................................................... .40028 .39585 .39151 .38725 .38307 .37898 .37496 .37103 .36716 .36337

78 ..................................................................... .41812 .41368 .40933 .40506 .40086 .39675 .39271 .38874 .38485 .38103

79 ..................................................................... .43641 .43198 .42762 .42334 .41914 .41502 .41096 .40698 .40308 .39924

80 ..................................................................... .45496 .45054 .44619 .44192 .43772 .43360 .42954 .42556 .42164 .41779

81 ..................................................................... .47360 .46920 .46487 .46061 .45643 .45231 .44827 .44429 .44038 .43653

82 ..................................................................... .49223 .48785 .48355 .47932 .47516 .47106 .46703 .46307 .45916 .45532

83 ..................................................................... .51081 .50648 .50221 .49802 .49388 .48982 .48581 .48187 .47799 .47416

84 ..................................................................... .52951 .52523 .52101 .51686 .51277 .50874 .50477 .50086 .49701 .49321

85 ..................................................................... .54847 .54425 .54009 .53600 .53196 .52798 .52406 .52019 .51638 .51262

86 ..................................................................... .56749 .56335 .55926 .55523 .55126 .54734 .54348 .53966 .53591 .53220

87 ..................................................................... .58627 .58221 .57820 .57425 .57035 .56650 .56270 .55895 .55526 .55161

88 ..................................................................... .60477 .60079 .59688 .59301 .58919 .58542 .58170 .57802 .57439 .57081

89 ..................................................................... .62297 .61909 .61527 .61149 .60776 .60408 .60044 .59685 .59330 .58979

90 ..................................................................... .64084 .63707 .63335 .62968 .62604 .62246 .61891 .61540 .61194 .60851

91 ..................................................................... .65803 .65437 .65076 .64719 .64366 .64017 .63672 .63330 .62993 .62659

92 ..................................................................... .67412 .67058 .66707 .66360 .66017 .65678 .65342 .65010 .64682 .64357

93 ..................................................................... .68911 .68567 .68227 .67890 .67557 .67227 .66901 .66578 .66258 .65942

94 ..................................................................... .70321 .69988 .69657 .69330 .69006 .68686 .68369 .68055 .67744 .67437

95 ..................................................................... .71674 .71351 .71031 .70713 .70399 .70088 .69781 .69476 .69174 .68875

96 ..................................................................... .72959 .72646 .72335 .72028 .71724 .71422 .71123 .70828 .70534 .70244

97 ..................................................................... .74156 .73853 .73552 .73254 .72959 .72666 .72376 .72089 .71804 .71522

98 ..................................................................... .75287 .74993 .74702 .74413 .74126 .73842 .73561 .73282 .73006 .72732

99 ..................................................................... .76401 .76117 .75834 .75555 .75277 .75002 .74730 .74459 .74191 .73926

100 ................................................................... .77494 .77219 .76946 .76676 .76408 .76142 .75878 .75616 .75357 .75099

101 ................................................................... .78580 .78315 .78052 .77791 .77532 .77275 .77021 .76768 .76517 .76268

102 ................................................................... .79654 .79399 .79146 .78894 .78645 .78397 .78152 .77908 .77666 .77426

103 ................................................................... .80724 .80479 .80236 .79994 .79755 .79517 .79280 .79046 .78813 .78582

104 ................................................................... .81879 .81646 .81413 .81183 .80954 .80726 .80501 .80276 .80054 .79832

105 ................................................................... .83005 .82782 .82560 .82340 .82121 .81904 .81688 .81474 .81260 .81049

106 ................................................................... .84485 .84277 .84071 .83866 .83662 .83459 .83257 .83057 .82857 .82659

107 ................................................................... .86311 .86124 .85937 .85751 .85566 .85382 .85199 .85017 .84835 .84655

108 ................................................................... .89266 .89114 .88963 .88812 .88662 .88513 .88364 .88216 .88068 .87922

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36919

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

109 ................................................................... .94563 .94484 .94405 .94326 .94248 .94170 .94092 .94014 .93937 .93860

(f) Effective dates. This section

applies after April 30, 1999.

§ 1.642(c)–6T [Removed]

Par. 6. Section 1.642(c)-6T is

removed.

Par. 7. Section 1.664–4 is amended

by:

1. Revising paragraph (a)(1).

2. Removing existing paragraphs (d)

through (e)(5).

3. Adding paragraphs (d), (e) heading

and (e)(1) through (e)(5).

4. Adding paragraph (e)(7).

5. Revising paragraph (f).

The revisions and additions read as

follows:

§ 1.664–4 Calculation of the fair market

value of the remainder interest in a

charitable remainder unitrust.

(a) * * *

(1) Life contingencies determined as

to each life involved, from the values of

lx set forth in Table 90CM contained in

§ 20.2031–7(d)(7) of this chapter in the

case of transfers for which the valuation

date is after April 30, 1999; or from

Table 80CNSMT contained § 20.2031–

7A(e)(4) of this chapter in the case of

transfer for which the valuation date is

after April 30, 1989, and before May 1,

1999. See § 20.2031–7A(a) through (d) of

this chapter, whichever is applicable,

for transfers for which the valuation

date is before May 1, 1989;

* * * * *

(d) Valuation. The fair market value of

a remainder interest in a charitable

remainder unitrust (as described in

§ 1.664–3) for transfers for which the

valuation date is after April 30, 1999, is

its present value determined under

paragraph (e) of this section. The fair

market value of a remainder interest in

a charitable remainder unitrust (as

described in § 1.664–3) for transfers for

which the valuation date is before May

1, 1999, is its present value determined

under the following sections:

Valuation dates Applicable

Regulations After Before

01–01–52 1.664–4A(a)

12–31–51 .......... 01–01–71 1.664–4A(b)

12–31–70 .......... 12–01–83 1.664–4A(c)

11–30–83 .......... 05–01–89 1.664–4A(d)

04–30–89 .......... 05–01–99 1.664–4A(e)

(e) Valuation of charitable remainder

unitrusts having certain payout

sequences for transfers for which the

valuation date is after April 30, 1999—

(1) In general. Except as otherwise

provided in paragraph (e)(2) of this

section, in the case of transfers for

which the valuation date is after April

30, 1999, the present value of a

remainder interest is determined under

paragraphs (e)(3) through (e)(7) of this

section, provided that the amount of the

payout as of any payout date during any

taxable year of the trust is not larger

than the amount that the trust could

distribute on such date under § 1.664-

3(a)(1)(v) if the taxable year of the trust

were to end on such date. See, however,

§ 1.7520–3(b) (relating to exceptions to

the use of the prescribed tables under

certain circumstances).

(2) Transitional rules for valuation of

charitable remainder unitrusts. (i) For

purposes of sections 2055, 2106, or

2624, if on May 1, 1999, the decedent

was mentally incompetent so that the

disposition of the property could not be

changed, and the decedent died after

April 30, 1999, without having regained

competency to dispose of the decedent’s

property, or the decedent died within 90

days of the date that the decedent first

regained competency after April 30,

1999, the present value of a remainder

interest under this section is determined

as if the valuation date with respect to

the decedent’s gross estate is either

before May 1, 1999, or after April 30,

1999, at the option of the decedent’s

executor.

(ii) For purposes of sections 170,

2055, 2106, 2522, or 2624, in the case

of transfers to a charitable remainder

unitrust for which the valuation date is

after April 30, 1999, and before July 1,

1999, the present value of a remainder

interest based on one or more measuring

lives is determined under this section

by use of the section 7520 interest rate

for the month in which the valuation

date occurs (see §§ 1.7520–1(b) and

1.7520–2(a)(2)) and the appropriate

actuarial tables under either paragraph

(e)(7) of this section or § 1.664–4A(e)(6),

at the option of the donor or the

decedent’s executor, as the case may be.

(iii) For purposes of paragraphs

(e)(2)(i) and (ii) of this section, where

the donor or decedent’s executor is

given the option to use the appropriate

actuarial tables under either paragraph

(e)(7) of this section or § 1.664–4A(e)(6),

the donor or decedent’s executor must

use the same actuarial table with respect

to each individual transaction and with

respect to all transfers occurring on the

valuation date (for example, gift and

income tax charitable deductions with

respect to the same transfer must be

determined based on the same tables,

and all assets includible in the gross

estate and/or estate tax deductions

claimed must be valued based on the

same tables).

(3) Adjusted payout rate. For transfers

for which the valuation date is after

April 30, 1989, the adjusted payout rate

is determined by using the appropriate

Table F in paragraph (e)(6) of this

section, for the section 7520 interest rate

applicable to the transfer. If the interest

rate is between 4.2 and 14 percent, see

paragraph (e)(6) of this section. If the

interest rate is below 4.2 percent or

greater than 14 percent, see paragraph

(b) of this section. The adjusted payout

rate is determined by multiplying the

fixed percentage described in § 1.664–

3(a)(1)(i)(a) by the factor describing the

payout sequence of the trust and the

number of months by which the

valuation date for the first full taxable

year of the trust precedes the first

payout date for such taxable year. If the

governing instrument does not prescribe

when the distribution or distributions

shall be made during the taxable year of

the trust, see paragraph (a) of this

section. In the case of a trust having a

payout sequence for which no figures

have been provided by the appropriate

table, and in the case of a trust that

determines the fair market value of the

trust assets by taking the average of

valuations on more than one date during

the taxable year, see paragraph (b) of

this section.

(4) Period is a term of years. If the

period described in § 1.664–3(a)(5) is a

term of years, the factor that is used in

determining the present value of the

remainder interest for transfers for

which the valuation date is after

November 30, 1983, is the factor under

the appropriate adjusted payout rate in

Table D of paragraph (e)(6) of this

section corresponding to the number of

years in the term. If the adjusted payout

rate is an amount that is between

adjusted payout rates for which factors

are provided in Table D, a linear

interpolation must be made. The present

value of the remainder interest is

determined by multiplying the net fair

market value (as of the appropriate

valuation date) of the property placed in

trust by the factor determined under this

paragraph. For purposes of this section,

the valuation date is, in the case of an

inter vivos transfer, the date on which

36920 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

the property is transferred to the trust by

the donor. However, if an election is

made under section 7520 and § 1.7520–

2(b) to compute the present value of the

charitable interest by use of the interest

rate component for either of the 2

months preceding the month in which

the date of transfer falls, the month so

elected is the valuation date for

purposes of determining the interest rate

and mortality tables. In the case of a

testamentary transfer under section

2055, 2106, or 2624, the valuation date

is the date of death, unless the alternate

valuation date is elected under section

2032, in which event, and within the

limitations set forth in section 2032 and

the regulations thereunder, the

valuation date is the alternate valuation

date. If the decedent’s estate elects the

alternate valuation date under section

2032 and also elects, under section 7520

and § 1.7520–2(b), to use the interest

rate component for one of the 2 months

preceding the alternate valuation date,

the month so elected is the valuation

date for purposes of determining the

interest rate and mortality tables. The

application of this paragraph (e)(4) may

be illustrated by the following example:

Example. D transfers $100,000 to a

charitable remainder unitrust on January 1.

The trust instrument requires that the trust

pay 8 percent of the fair market value of the

trust assets as of January 1st for a term of 12

years to D in quarterly payments (March 31,

June 30, September 30, and December 31).

The section 7520 rate for January (the month

that the transfer occurred) is 9.6 percent.

Under Table F(9.6) in paragraph(e)(6) of this

section, the appropriate adjustment factor is

.944628 for quarterly payments payable at the

end of each quarter. The adjusted payout rate

is 7.557 (8%× .944628). Based on the

remainder factors in Table D in

paragraph(e)(6) of this section, the present

value of the remainder interest is $38,950.30,

computed as follows:

Factor at 7.4 percent for 12 years .397495

Factor at 7.6 percent for 12 years .387314

Difference ................................. .010181

Interpolation adjustment:

7 557% 7

0 2% 010181

007992

. .4%

. .

.

− =

=

x

x

Factor at 7.4 percent for 12 years .397495

Less: Interpolation adjustment ... .007992

Interpolated factor .................... .389503

Present value of remainder interest:

($100,000× .389503)..........$38,950.30

(5) Period is the life of one individual.

If the period described in § 1.664–3(a)(5)

is the life of one individual, the factor

that is used in determining the present

value of the remainder interest for

transfers for which the valuation date is

after April 30, 1999, is the factor in

Table U(1) in paragraph (e)(7) of this

section under the appropriate adjusted

payout. For purposes of the

computations described in this

paragraph, the age of an individual is

the age of that individual at the

individual’s nearest birthday. If the

adjusted payout rate is an amount that

is between adjusted payout rates for

which factors are provided in the

appropriate table, a linear interpolation

must be made. The present value of the

remainder interest is determined by

multiplying the net fair market value (as

of the valuation date as determined in

paragraph (e)(4) of this section) of the

property placed in trust by the factor

determined under this paragraph (e)(5).

If the adjusted payout rate is between

4.2 and 14 percent, see paragraph (e)(7)

of this section. If the adjusted payout

rate is below 4.2 percent or greater than

14 percent, see paragraph (b) of this

section. The application of this

paragraph (e)(5) may be illustrated by

the following example:

Example. A, who is 44 years and 11

months old, transfers $100,000 to a charitable

remainder unitrust on January 1st. The trust

instrument requires that the trust pay to A

semiannually (on June 30 and December 31)

9 percent of the fair market value of the trust

assets as of January 1st during A’s life. The

section 7520 rate for January is 9.6 percent.

Under Table F(9.6) in paragraph (e)(6) of this

section, the appropriate adjustment factor is

.933805 for semiannual payments payable at

the end of the semiannual period. The

adjusted payout rate is 8.404 (9% X .933805).

Based on the remainder factors in Table U(1)

in paragraph (e)(7) of this section, the present

value of the remainder interest is $10,109.00,

computed as follows:

Factor at 8.4 percent at age 45 .... .10117

Factor at 8.6 percent at age 45 .... .09715

Difference ................................. .00402

Interpolation adjustment:

8 8

0 2% 00402

00008

.404% .4%

. .

.

− =

=

x

x

Factor at 8.4 percent at age 45 .... .10117

Less: Interpolation adjustment ... .00008

Interpolated Factor ...................... .10109

Present value of remainder interest:

($100,000× .10109)..........$10,109.00

* * * * *

(7) Actuarial Table U(1) for transfers

for which the valuation date is after

April 30, 1999. For transfers for which

the valuation date is after April 30,

1999, the present value of a charitable

remainder unitrust interest that is

dependent on the termination of a life

interest is determined by using the

section 7520 rate, Table U(1) in this

paragraph (e)(7), and Table F(4.2)

through (14.0) in paragraph (e)(6) of this

section. See, however, § 1.7520–3(b)

(relating to exceptions to the use of

prescribed tables under certain

circumstances). Many actuarial factors

not contained in the following tables are

contained in Internal Revenue Service

Publication 1458, ‘‘Actuarial Values,

Book Beth,’’ (7–1999). A copy of this

publication is available for purchase

from the Superintendent of Documents,

United States Government Printing

Office, Washington, DC 20402.

TABLE U(1).—BASED ON LIFE TABLE 90CM UNITRUST SINGLE LIFE REMAINDER FACTORS APPLICABLE FOR TRANSFERS

AFTER APRIL 30, 1999

[Adjusted payout rate]

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% .8% 6.0%

0 ....................................................................... .06177 .05580 .05061 .04609 .04215 .03871 .03570 .03307 .03075 .02872

1 ....................................................................... .05543 .04925 .04388 .03919 .03509 .03151 .02838 .02563 .02321 .02109

2 ....................................................................... .05716 .05081 .04528 .04045 .03622 .03252 .02927 .02642 .02391 .02170

3 ....................................................................... .05920 .05268 .04699 .04201 .03765 .03382 .03046 .02750 .02490 .02260

4 ....................................................................... .06143 .05475 .04889 .04376 .03926 .03530 .03182 .02876 .02605 .02366

5 ....................................................................... .06384 .05697 .05095 .04567 .04103 .03694 .03334 .03016 .02735 .02487

6 ....................................................................... .06637 .05933 .05315 .04771 .04292 .03870 .03497 .03168 .02876 .02618

7 ....................................................................... .06905 .06183 .05547 .04987 .04494 .04058 .03673 .03332 .03029 .02761

8 ....................................................................... .07186 .06445 .05792 .05216 .04708 .04258 .03859 .03506 .03192 .02914

9 ....................................................................... .07482 .06722 .06052 .05460 .04936 .04471 .04060 .03694 .03369 .03079

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36921

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% .8% 6.0%

10 ..................................................................... .07793 .07015 .06327 .05718 .05179 .04700 .04274 .03896 .03559 .03259

11 ..................................................................... .08120 .07323 .06617 .05991 .05435 .04942 .04502 .04111 .03762 .03450

12 ..................................................................... .08461 .07645 .06920 .06277 .05706 .05197 .04744 .04339 .03978 .03655

13 ..................................................................... .08812 .07976 .07234 .06574 .05985 .05461 .04993 .04576 .04202 .03867

14 ..................................................................... .09168 .08313 .07552 .06874 .06269 .05729 .05247 .04815 .04428 .04081

15 ..................................................................... .09527 .08652 .07872 .07176 .06554 .05999 .05501 .05055 .04655 .04296

16 ..................................................................... .09886 .08991 .08192 .07478 .06839 .06267 .05754 .05294 .04880 .04508

17 ..................................................................... .10249 .09334 .08515 .07782 .07126 .06537 .06008 .05533 .05105 .04720

18 ..................................................................... .10616 .09680 .08842 .08090 .07415 .06809 .06264 .05774 .05332 .04933

19 ..................................................................... .10994 .10037 .09178 .08407 .07714 .07091 .06529 .06023 .05566 .05153

20 ..................................................................... .11384 .10406 .09527 .08737 .08025 .07383 .06805 .06283 .05811 .05384

21 ..................................................................... .11790 .10790 .09891 .09080 .08349 .07690 .07094 .06555 .06068 .05626

22 ..................................................................... .12208 .11188 .10267 .09436 .08686 .08008 .07395 .06839 .06336 .05879

23 ..................................................................... .12643 .11601 .10659 .09808 .09038 .08342 .07710 .07138 .06618 .06146

24 ..................................................................... .13095 .12031 .11069 .10197 .09408 .08692 .08042 .07452 .06915 .06427

25 ..................................................................... .13567 .12481 .11497 .10605 .09795 .09060 .08392 .07784 .07230 .06726

26 ..................................................................... .14058 .12950 .11945 .11032 .10202 .09447 .08760 .08134 .07563 .07042

27 ..................................................................... .14571 .13442 .12415 .11481 .10631 .09856 .09149 .08505 .07916 .07379

28 ..................................................................... .15104 .13953 .12904 .11949 .11078 .10284 .09558 .08895 .08288 .07733

29 ..................................................................... .15656 .14484 .13414 .12438 .11546 .10731 .09986 .09304 .08679 .08106

30 ..................................................................... .16229 .15034 .13943 .12946 .12034 .11198 .10433 .09732 .09089 .08498

31 ..................................................................... .16821 .15605 .14493 .13474 .12541 .11685 .10900 .10179 .09517 .08909

32 ..................................................................... .17433 .16196 .15063 .14023 .13069 .12193 .11387 .10647 .09966 .09339

33 ..................................................................... .18068 .16810 .15655 .14595 .13620 .12723 .11897 .11137 .10437 .09791

34 ..................................................................... .18724 .17446 .16270 .15189 .14193 .13275 .12430 .11650 .10930 .10265

35 ..................................................................... .19405 .18107 .16910 .15808 .14791 .13853 .12987 .12187 .11448 .10764

36 ..................................................................... .20109 .18791 .17574 .16451 .15414 .14456 .13569 .12749 .11990 .11287

37 ..................................................................... .20838 .19500 .18263 .17120 .16062 .15083 .14177 .13337 .12558 .11835

38 ..................................................................... .21593 .20236 .18979 .17816 .16739 .15739 .14813 .13953 .13154 .12412

39 ..................................................................... .22374 .20998 .19723 .18540 .17443 .16423 .15477 .14597 .13779 .13017

40 ..................................................................... .23183 .21789 .20496 .19294 .18177 .17138 .16172 .15272 .14434 .13653

41 ..................................................................... .24021 .22611 .21299 .20079 .18943 .17885 .16899 .15980 .15123 .14322

42 ..................................................................... .24889 .23463 .22134 .20896 .19741 .18665 .17660 .16721 .15845 .15025

43 ..................................................................... .25786 .24344 .23000 .21744 .20572 .19477 .18453 .17496 .16601 .15762

44 ..................................................................... .26712 .25257 .23896 .22625 .21435 .20322 .19281 .18305 .17391 .16534

45 ..................................................................... .27665 .26196 .24821 .23534 .22328 .21198 .20139 .19145 .18213 .17338

46 ..................................................................... .28644 .27163 .25774 .24472 .23251 .22105 .21028 .20018 .19068 .18174

47 ..................................................................... .29647 .28155 .26754 .25438 .24201 .23040 .21947 .20919 .19952 .19041

48 ..................................................................... .30676 .29173 .27760 .26431 .25181 .24004 .22896 .21852 .20868 .19941

49 ..................................................................... .31729 .30217 .28794 .27453 .26190 .24999 .23876 .22817 .21817 .20873

50 ..................................................................... .32808 .31289 .29856 .28505 .27229 .26026 .24889 .23814 .22799 .21839

51 ..................................................................... .33912 .32387 .30946 .29585 .28299 .27083 .25933 .24845 .23815 .22840

52 ..................................................................... .35038 .33507 .32060 .30691 .29395 .28168 .27005 .25904 .24861 .23872

53 ..................................................................... .36185 .34651 .33198 .31821 .30517 .29280 .28106 .26993 .25937 .24934

54 ..................................................................... .37352 .35815 .34358 .32976 .31664 .30418 .29234 .28110 .27042 .26026

55 ..................................................................... .38539 .37002 .35542 .34155 .32836 .31583 .30390 .29256 .28177 .27149

56 ..................................................................... .39746 .38209 .36748 .35358 .34034 .32774 .31574 .30431 .29342 .28303

57 ..................................................................... .40971 .39437 .37976 .36584 .35257 .33992 .32785 .31634 .30536 .29488

58 ..................................................................... .42212 .40682 .39222 .37829 .36500 .35231 .34019 .32862 .31756 .30699

59 ..................................................................... .43464 .41939 .40482 .39090 .37759 .36488 .35272 .34109 .32996 .31932

60 ..................................................................... .44726 .43207 .41754 .40364 .39034 .37761 .36542 .35375 .34257 .33186

61 ..................................................................... .45999 .44488 .43041 .41655 .40326 .39053 .37833 .36662 .35540 .34463

62 ..................................................................... .47286 .45785 .44345 .42964 .41639 .40367 .39146 .37974 .36848 .35767

63 ..................................................................... .48589 .47098 .45667 .44293 .42972 .41703 .40484 .39311 .38184 .37100

64 ..................................................................... .49903 .48426 .47005 .45638 .44324 .43060 .41843 .40671 .39544 .38458

65 ..................................................................... .51229 .49766 .48357 .47001 .45694 .44435 .43223 .42054 .40927 .39841

66 ..................................................................... .52568 .51121 .49726 .48381 .47084 .45833 .44626 .43461 .42337 .41252

67 ..................................................................... .53924 .52495 .51115 .49784 .48498 .47256 .46056 .44898 .43778 .42696

68 ..................................................................... .55293 .53883 .52521 .51205 .49932 .48701 .47511 .46360 .45246 .44169

69 ..................................................................... .56671 .55283 .53940 .52640 .51382 .50165 .48985 .47844 .46738 .45666

70 ..................................................................... .58052 .56687 .55365 .54084 .52843 .51639 .50473 .49342 .48245 .47181

71 ..................................................................... .59431 .58091 .56791 .55529 .54306 .53118 .51966 .50847 .49761 .48707

72 ..................................................................... .60804 .59490 .58213 .56973 .55768 .54598 .53461 .52357 .51283 .50239

73 ..................................................................... .62168 .60881 .59629 .58411 .57227 .56076 .54955 .53866 .52806 .51774

74 ..................................................................... .63528 .62268 .61042 .59848 .58686 .57555 .56453 .55380 .54335 .53316

75 ..................................................................... .64887 .63657 .62458 .61290 .60151 .59041 .57959 .56904 .55875 .54872

76 ..................................................................... .66249 .65049 .63880 .62739 .61625 .60538 .59478 .58443 .57432 .56446

77 ..................................................................... .67612 .66446 .65307 .64194 .63108 .62046 .61009 .59995 .59005 .58037

78 ..................................................................... .68975 .67843 .66736 .65654 .64596 .63561 .62548 .61558 .60590 .59643

79 ..................................................................... .70330 .69233 .68160 .67109 .66081 .65074 .64088 .63123 .62178 .61253

80 ..................................................................... .71666 .70605 .69566 .68548 .67550 .66573 .65615 .64676 .63755 .62853

81 ..................................................................... .72975 .71950 .70946 .69961 .68995 .68047 .67117 .66205 .65310 .64433

82 ..................................................................... .74250 .73263 .72293 .71342 .70407 .69490 .68589 .67705 .66837 .65984

83 ..................................................................... .75493 .74542 .73608 .72690 .71788 .70902 .70031 .69175 .68333 .67506

36922 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% .8% 6.0%

84 ..................................................................... .76712 .75798 .74900 .74016 .73147 .72292 .71451 .70624 .69810 .69010

85 ..................................................................... .77913 .77037 .76175 .75326 .74491 .73668 .72859 .72061 .71276 .70503

86 ..................................................................... .79086 .78248 .77423 .76610 .75808 .75019 .74241 .73474 .72719 .71974

87 ..................................................................... .80218 .79418 .78628 .77850 .77083 .76326 .75580 .74844 .74118 .73402

88 ..................................................................... .81307 .80544 .79790 .79047 .78313 .77589 .76874 .76169 .75473 .74786

89 ..................................................................... .82355 .81628 .80909 .80200 .79500 .78808 .78125 .77450 .76783 .76125

90 ..................................................................... .83360 .82668 .81985 .81309 .80642 .79982 .79330 .78685 .78048 .77418

91 ..................................................................... .84308 .83650 .83000 .82357 .81721 .81092 .80470 .79855 .79246 .78645

92 ..................................................................... .85182 .84556 .83937 .83325 .82718 .82119 .81525 .80937 .80356 .79780

93 ..................................................................... .85985 .85390 .84800 .84215 .83637 .83064 .82497 .81936 .81379 .80829

94 ..................................................................... .86732 .86164 .85601 .85044 .84491 .83944 .83402 .82865 .82333 .81806

95 ..................................................................... .87437 .86895 .86359 .85827 .85300 .84778 .84260 .83746 .83237 .82733

96 ..................................................................... .88097 .87582 .87070 .86563 .86060 .85561 .85066 .84575 .84088 .83605

97 ..................................................................... .88708 .88216 .87727 .87243 .86762 .86285 .85811 .85341 .84875 .84413

98 ..................................................................... .89280 .88810 .88343 .87880 .87420 .86964 .86511 .86061 .85614 .85171

99 ..................................................................... .89836 .89388 .88943 .88501 .88062 .87626 .87193 .86763 .86336 .85911

100 ................................................................... .90375 .89948 .89525 .89103 .88685 .88269 .87856 .87445 .87037 .86632

101 ................................................................... .90905 .90500 .90097 .89696 .89298 .88902 .88509 .88118 .87729 .87342

102 ................................................................... .91424 .91040 .90658 .90278 .89900 .89524 .89150 .88778 .88408 .88040

103 ................................................................... .91939 .91575 .91214 .90854 .90496 .90139 .89785 .89432 .89081 .88732

104 ................................................................... .92485 .92144 .91805 .91467 .91131 .90796 .90463 .90131 .89800 .89471

105 ................................................................... .93020 .92701 .92383 .92067 .91751 .91437 .91125 .90813 .90502 .90193

106 ................................................................... .93701 .93411 .93122 .92834 .92546 .92260 .91974 .91689 .91405 .91122

107 ................................................................... .94522 .94268 .94013 .93760 .93507 .93254 .93002 .92750 .92499 .92249

108 ................................................................... .95782 .95583 .95385 .95187 .94989 .94791 .94593 .94396 .94199 .94002

109 ................................................................... .97900 .97800 .97700 .97600 .97500 .97400 .97300 .97200 .97100 .97000

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

0 ....................................................................... .02693 .02534 .02395 .02271 .02161 .02063 .01976 .01898 .01828 .01765

1 ....................................................................... .01922 .01756 .01610 .01480 .01365 .01263 .01171 .01090 .01017 .00951

2 ....................................................................... .01975 .01802 .01650 .01514 .01393 .01286 .01190 .01104 .01028 .00959

3 ....................................................................... .02056 .01876 .01717 .01575 .01449 .01336 .01235 .01145 .01064 .00992

4 ....................................................................... .02155 .01967 .01800 .01652 .01520 .01401 .01296 .01201 .01116 .01039

5 ....................................................................... .02266 .02071 .01896 .01741 .01603 .01479 .01368 .01269 .01179 .01098

6 ....................................................................... .02389 .02184 .02003 .01841 .01696 .01566 .01450 .01345 .01251 .01166

7 ....................................................................... .02522 .02309 .02120 .01950 .01799 .01663 .01540 .01431 .01332 .01242

8 ....................................................................... .02665 .02444 .02246 .02069 .01910 .01768 .01640 .01524 .01420 .01326

9 ....................................................................... .02821 .02590 .02384 .02199 .02033 .01884 .01750 .01629 .01520 .01421

10 ..................................................................... .02990 .02750 .02535 .02342 .02169 .02013 .01872 .01745 .01631 .01526

11 ..................................................................... .03172 .02922 .02698 .02497 .02316 .02153 .02006 .01872 .01752 .01643

12 ..................................................................... .03365 .03106 .02872 .02663 .02474 .02303 .02149 .02010 .01884 .01769

13 ..................................................................... .03566 .03297 .03054 .02835 .02638 .02460 .02299 .02154 .02021 .01901

14 ..................................................................... .03770 .03490 .03237 .03010 .02804 .02619 .02450 .02298 .02159 .02033

15 ..................................................................... .03973 .03682 .03419 .03182 .02968 .02775 .02599 .02439 .02294 .02162

16 ..................................................................... .04173 .03871 .03598 .03352 .03129 .02926 .02743 .02576 .02424 .02286

17 ..................................................................... .04372 .04059 .03775 .03519 .03287 .03076 .02884 .02710 .02551 .02406

18 ..................................................................... .04573 .04248 .03953 .03686 .03444 .03224 .03024 .02842 .02676 .02524

19 ..................................................................... .04780 .04443 .04137 .03859 .03607 .03378 .03169 .02978 .02804 .02646

20 ..................................................................... .04997 .04647 .04329 .04040 .03778 .03539 .03321 .03122 .02940 .02773

21 ..................................................................... .05226 .04862 .04532 .04232 .03958 .03709 .03481 .03274 .03083 .02909

22 ..................................................................... .05465 .05088 .04745 .04432 .04148 .03888 .03650 .03433 .03234 .03052

23 ..................................................................... .05716 .05325 .04969 .04645 .04348 .04077 .03830 .03603 .03394 .03203

24 ..................................................................... .05983 .05578 .05208 .04871 .04562 .04280 .04021 .03784 .03566 .03367

25 ..................................................................... .06266 .05846 .05463 .05112 .04791 .04497 .04227 .03980 .03752 .03543

26 ..................................................................... .06566 .06131 .05734 .05369 .05035 .04729 .04448 .04189 .03951 .03732

27 ..................................................................... .06887 .06436 .06024 .05646 .05298 .04979 .04686 .04416 .04168 .03939

28 ..................................................................... .07225 .06758 .06331 .05938 .05577 .05245 .04940 .04658 .04398 .04159

29 ..................................................................... .07581 .07099 .06656 .06248 .05873 .05528 .05210 .04916 .04645 .04394

30 ..................................................................... .07956 .07457 .06998 .06575 .06186 .05827 .05495 .05189 .04906 .04644

31 ..................................................................... .08348 .07833 .07358 .06920 .06515 .06142 .05797 .05478 .05182 .04908

32 ..................................................................... .08761 .08228 .07736 .07282 .06863 .06475 .06116 .05783 .05475 .05189

33 ..................................................................... .09195 .08645 .08136 .07666 .07231 .06828 .06454 .06108 .05786 .05488

34 ..................................................................... .09651 .09082 .08557 .08070 .07619 .07200 .06812 .06452 .06117 .05805

35 ..................................................................... .10131 .09545 .09002 .08498 .08030 .07596 .07193 .06818 .06469 .06144

36 ..................................................................... .10635 .10031 .09470 .08949 .08465 .08015 .07596 .07206 .06842 .06503

37 ..................................................................... .11165 .10542 .09963 .09424 .08923 .08457 .08022 .07617 .07238 .06885

38 ..................................................................... .11722 .11081 .10484 .09927 .09409 .08926 .08475 .08054 .07661 .07293

39 ..................................................................... .12308 .11648 .11032 .10458 .09922 .09422 .08955 .08518 .08109 .07726

40 ..................................................................... .12925 .12246 .11612 .11020 .10466 .09949 .09465 .09011 .08587 .08189

41 ..................................................................... .13575 .12877 .12225 .11614 .11043 .10508 .10007 .09537 .09097 .08683

42 ..................................................................... .14259 .13542 .12871 .12243 .11654 .11101 .10583 .10097 .09640 .09210

43 ..................................................................... .14977 .14242 .13552 .12905 .12298 .11729 .11193 .10690 .10217 .09771

44 ..................................................................... .15731 .14976 .14269 .13604 .12979 .12391 .11838 .11318 .10828 .10367

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36923

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

45 ..................................................................... .16516 .15743 .15017 .14334 .13691 .13086 .12516 .11979 .11472 .10994

46 ..................................................................... .17334 .16544 .15800 .15099 .14438 .13816 .13228 .12674 .12150 .11656

47 ..................................................................... .18184 .17375 .16613 .15895 .15217 .14576 .13972 .13400 .12860 .12349

48 ..................................................................... .19066 .18240 .17461 .16724 .16029 .15371 .14749 .14161 .13604 .13077

49 ..................................................................... .19981 .19138 .18342 .17588 .16875 .16201 .15562 .14956 .14383 .13839

50 ..................................................................... .20931 .20072 .19259 .18489 .17759 .17067 .16412 .15790 .15199 .14639

51 ..................................................................... .21917 .21042 .20212 .19426 .18679 .17971 .17299 .16660 .16054 .15477

52 ..................................................................... .22933 .22043 .21198 .20395 .19633 .18909 .18220 .17566 .16943 .16350

53 ..................................................................... .23981 .23076 .22216 .21399 .20621 .19881 .19176 .18506 .17867 .17258

54 ..................................................................... .25060 .24141 .23267 .22434 .21642 .20886 .20166 .19480 .18826 .18201

55 ..................................................................... .26171 .25239 .24351 .23504 .22697 .21927 .21192 .20491 .19821 .19182

56 ..................................................................... .27313 .26369 .25468 .24608 .23787 .23003 .22254 .21538 .20854 .20199

57 ..................................................................... .28487 .27531 .26618 .25746 .24912 .24114 .23351 .22621 .21923 .21254

58 ..................................................................... .29688 .28722 .27798 .26914 .26067 .25257 .24481 .23738 .23025 .22343

59 ..................................................................... .30913 .29937 .29002 .28107 .27249 .26427 .25639 .24882 .24157 .23461

60 ..................................................................... .32159 .31175 .30231 .29325 .28457 .27623 .26823 .26055 .25317 .24608

61 ..................................................................... .33429 .32437 .31485 .30571 .29692 .28848 .28037 .27257 .26507 .25786

62 ..................................................................... .34728 .33730 .32770 .31847 .30960 .30106 .29285 .28495 .27734 .27001

63 ..................................................................... .36057 .35053 .34087 .33157 .32262 .31400 .30569 .29769 .28998 .28255

64 ..................................................................... .37412 .36404 .35433 .34498 .33596 .32726 .31887 .31078 .30298 .29545

65 ..................................................................... .38794 .37783 .36809 .35868 .34961 .34085 .33239 .32422 .31633 .30871

66 ..................................................................... .40205 .39193 .38216 .37272 .36361 .35479 .34628 .33804 .33008 .32238

67 ..................................................................... .41650 .40639 .39661 .38715 .37800 .36915 .36059 .35230 .34428 .33651

68 ..................................................................... .43126 .42117 .41139 .40193 .39277 .38390 .37530 .36697 .35890 .35108

69 ..................................................................... .44628 .43622 .42648 .41703 .40787 .39898 .39037 .38201 .37391 .36604

70 ..................................................................... .46150 .45149 .44178 .43236 .42321 .41433 .40571 .39735 .38922 .38132

71 ..................................................................... .47683 .46689 .45723 .44785 .43873 .42987 .42126 .41290 .40476 .39685

72 ..................................................................... .49225 .48238 .47279 .46346 .45439 .44556 .43697 .42862 .42048 .41257

73 ..................................................................... .50770 .49793 .48841 .47915 .47013 .46135 .45280 .44447 .43635 .42844

74 ..................................................................... .52324 .51358 .50416 .49498 .48603 .47731 .46880 .46051 .45242 .44454

75 ..................................................................... .53894 .52939 .52008 .51100 .50214 .49349 .48505 .47681 .46877 .46092

76 ..................................................................... .55483 .54543 .53624 .52728 .51852 .50996 .50160 .49344 .48546 .47766

77 ..................................................................... .57091 .56167 .55263 .54380 .53516 .52671 .51845 .51038 .50247 .49475

78 ..................................................................... .58716 .57809 .56922 .56053 .55203 .54372 .53557 .52760 .51980 .51216

79 ..................................................................... .60346 .59459 .58590 .57738 .56904 .56086 .55286 .54501 .53732 .52978

80 ..................................................................... .61969 .61102 .60252 .59419 .58601 .57800 .57014 .56243 .55487 .54745

81 ..................................................................... .63571 .62726 .61897 .61082 .60283 .59499 .58729 .57974 .57232 .56503

82 ..................................................................... .65146 .64324 .63515 .62722 .61942 .61176 .60423 .59683 .58957 .58242

83 ..................................................................... .66693 .65893 .65108 .64335 .63575 .62828 .62093 .61371 .60660 .59962

84 ..................................................................... .68222 .67447 .66684 .65934 .65195 .64468 .63753 .63049 .62356 .61674

85 ..................................................................... .69742 .68993 .68255 .67528 .66812 .66106 .65411 .64727 .64053 .63389

86 ..................................................................... .71241 .70517 .69805 .69102 .68410 .67727 .67054 .66390 .65736 .65091

87 ..................................................................... .72696 .72000 .71313 .70635 .69967 .69307 .68656 .68014 .67381 .66756

88 ..................................................................... .74108 .73438 .72777 .72125 .71480 .70845 .70217 .69597 .68985 .68380

89 ..................................................................... .75475 .74832 .74198 .73571 .72951 .72339 .71734 .71137 .70547 .69963

90 ..................................................................... .76796 .76180 .75572 .74971 .74376 .73788 .73207 .72633 .72065 .71503

91 ..................................................................... .78049 .77460 .76878 .76302 .75732 .75168 .74610 .74058 .73512 .72972

92 ..................................................................... .79211 .78647 .78089 .77537 .76990 .76449 .75913 .75383 .74858 .74338

93 ..................................................................... .80283 .79743 .79208 .78679 .78154 .77634 .77119 .76610 .76105 .75604

94 ..................................................................... .81283 .80765 .80253 .79744 .79240 .78741 .78247 .77756 .77270 .76789

95 ..................................................................... .82233 .81737 .81245 .80757 .80274 .79795 .79320 .78849 .78382 .77918

96 ..................................................................... .83126 .82651 .82180 .81712 .81248 .80788 .80332 .79880 .79431 .78985

97 ..................................................................... .83953 .83498 .83046 .82597 .82152 .81710 .81271 .80836 .80404 .79976

98 ..................................................................... .84731 .84294 .83860 .83429 .83002 .82577 .82155 .81737 .81321 .80908

99 ..................................................................... .85490 .85071 .84656 .84243 .83832 .83425 .83020 .82618 .82219 .81822

100 ................................................................... .86229 .85828 .85431 .85035 .84642 .84252 .83864 .83478 .83095 .82714

101 ................................................................... .86958 .86575 .86195 .85818 .85442 .85069 .84698 .84329 .83962 .83597

102 ................................................................... .87674 .87310 .86947 .86587 .86229 .85873 .85518 .85166 .84815 .84466

103 ................................................................... .88384 .88038 .87694 .87351 .87010 .86671 .86334 .85998 .85663 .85331

104 ................................................................... .89143 .88817 .88492 .88169 .87847 .87526 .87207 .86889 .86573 .86258

105 ................................................................... .89885 .89578 .89272 .88967 .88664 .88361 .88060 .87760 .87461 .87163

106 ................................................................... .90840 .90559 .90278 .89999 .89720 .89442 .89165 .88888 .88613 .88338

107 ................................................................... .91999 .91750 .91501 .91253 .91005 .90758 .90511 .90265 .90019 .89774

108 ................................................................... .93805 .93609 .93412 .93216 .93020 .92824 .92629 .92434 .92239 .92044

109 ................................................................... .96900 .96800 .96700 .96600 .96500 .96400 .96300 .96200 .96100 .96000

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

0 ....................................................................... .01709 .01658 .01612 .01570 .01532 .01497 .01466 .01437 .01410 .01386

1 ....................................................................... .00892 .00839 .00791 .00747 .00708 .00672 .00639 .00609 .00582 .00557

2 ....................................................................... .00896 .00840 .00790 .00744 .00702 .00664 .00629 .00598 .00569 .00542

3 ....................................................................... .00926 .00867 .00814 .00765 .00721 .00681 .00644 .00611 .00580 .00552

4 ....................................................................... .00970 .00908 .00851 .00800 .00753 .00711 .00672 .00636 .00604 .00574

5 ....................................................................... .01026 .00960 .00900 .00846 .00796 .00751 .00710 .00672 .00637 .00606

36924 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

6 ....................................................................... .01089 .01019 .00956 .00899 .00846 .00799 .00755 .00715 .00678 .00644

7 ....................................................................... .01161 .01088 .01021 .00960 .00905 .00854 .00808 .00765 .00726 .00690

8 ....................................................................... .01241 .01163 .01093 .01029 .00970 .00917 .00867 .00822 .00781 .00743

9 ....................................................................... .01331 .01249 .01175 .01107 .01045 .00988 .00936 .00889 .00845 .00804

10 ..................................................................... .01432 .01346 .01268 .01196 .01131 .01071 .01016 .00965 .00918 .00875

11 ..................................................................... .01543 .01453 .01370 .01295 .01226 .01162 .01104 .01051 .01001 .00956

12 ..................................................................... .01664 .01569 .01482 .01403 .01330 .01263 .01202 .01145 .01093 .01045

13 ..................................................................... .01791 .01691 .01600 .01516 .01440 .01369 .01304 .01245 .01190 .01139

14 ..................................................................... .01918 .01813 .01717 .01629 .01548 .01474 .01406 .01343 .01285 .01231

15 ..................................................................... .02041 .01931 .01831 .01738 .01653 .01576 .01504 .01437 .01376 .01320

16 ..................................................................... .02160 .02044 .01938 .01841 .01752 .01670 .01595 .01525 .01460 .01401

17 ..................................................................... .02274 .02152 .02041 .01940 .01846 .01760 .01680 .01607 .01539 .01476

18 ..................................................................... .02386 .02258 .02142 .02035 .01936 .01846 .01762 .01685 .01613 .01547

19 ..................................................................... .02500 .02367 .02245 .02132 .02029 .01933 .01845 .01764 .01689 .01619

20 ..................................................................... .02621 .02481 .02353 .02235 .02126 .02025 .01933 .01847 .01768 .01694

21 ..................................................................... .02749 .02603 .02468 .02344 .02229 .02124 .02026 .01936 .01852 .01774

22 ..................................................................... .02884 .02730 .02589 .02458 .02338 .02227 .02124 .02029 .01940 .01859

23 ..................................................................... .03028 .02867 .02718 .02581 .02454 .02337 .02229 .02128 .02035 .01949

24 ..................................................................... .03183 .03013 .02857 .02713 .02580 .02456 .02342 .02236 .02138 .02047

25 ..................................................................... .03350 .03172 .03008 .02857 .02717 .02587 .02467 .02355 .02251 .02155

26 ..................................................................... .03530 .03344 .03172 .03013 .02865 .02729 .02602 .02484 .02375 .02273

27 ..................................................................... .03727 .03532 .03351 .03183 .03028 .02885 .02751 .02627 .02511 .02404

28 ..................................................................... .03937 .03732 .03543 .03367 .03204 .03052 .02911 .02780 .02658 .02545

29 ..................................................................... .04162 .03947 .03748 .03564 .03392 .03233 .03084 .02946 .02818 .02698

30 ..................................................................... .04401 .04176 .03967 .03773 .03593 .03425 .03269 .03124 .02988 .02861

31 ..................................................................... .04654 .04419 .04200 .03996 .03807 .03630 .03466 .03312 .03169 .03035

32 ..................................................................... .04923 .04676 .04447 .04233 .04034 .03849 .03676 .03514 .03363 .03221

33 ..................................................................... .05210 .04952 .04711 .04487 .04278 .04083 .03901 .03731 .03571 .03422

34 ..................................................................... .05515 .05245 .04993 .04758 .04538 .04333 .04142 .03962 .03794 .03637

35 ..................................................................... .05841 .05558 .05295 .05048 .04818 .04603 .04401 .04212 .04035 .03869

36 ..................................................................... .06187 .05892 .05616 .05358 .05116 .04890 .04678 .04480 .04293 .04118

37 ..................................................................... .06555 .06247 .05958 .05688 .05435 .05198 .04975 .04766 .04570 .04385

38 ..................................................................... .06949 .06627 .06325 .06043 .05777 .05528 .05295 .05075 .04868 .04674

39 ..................................................................... .07368 .07032 .06717 .06421 .06143 .05882 .05637 .05406 .05189 .04984

40 ..................................................................... .07816 .07465 .07137 .06827 .06537 .06263 .06006 .05764 .05535 .05320

41 ..................................................................... .08295 .07930 .07587 .07264 .06960 .06674 .06405 .06150 .05910 .05683

42 ..................................................................... .08807 .08427 .08069 .07733 .07415 .07116 .06833 .06567 .06315 .06077

43 ..................................................................... .09352 .08957 .08585 .08233 .07902 .07589 .07294 .07014 .06750 .06500

44 ..................................................................... .09932 .09521 .09134 .08768 .08423 .08096 .07787 .07495 .07218 .06956

45 ..................................................................... .10543 .10117 .09715 .09334 .08974 .08634 .08311 .08005 .07716 .07441

46 ..................................................................... .11189 .10747 .10329 .09933 .09559 .09204 .08867 .08548 .08245 .07958

47 ..................................................................... .11866 .11408 .10974 .10564 .10174 .09805 .09454 .09121 .08805 .08504

48 ..................................................................... .12577 .12103 .11654 .11228 .10823 .10439 .10074 .09727 .09397 .09083

49 ..................................................................... .13323 .12833 .12368 .11926 .11506 .11107 .10728 .10366 .10022 .09695

50 ..................................................................... .14107 .13601 .13120 .12663 .12228 .11813 .11419 .11043 .10685 .10344

51 ..................................................................... .14928 .14407 .13910 .13437 .12987 .12558 .12149 .11758 .11386 .11031

52 ..................................................................... .15785 .15248 .14735 .14247 .13781 .13337 .12913 .12508 .12122 .11752

53 ..................................................................... .16678 .16124 .15597 .15093 .14612 .14153 .13714 .13294 .12893 .12509

54 ..................................................................... .17606 .17037 .16493 .15974 .15478 .15004 .14550 .14116 .13700 .13302

55 ..................................................................... .18570 .17986 .17428 .16893 .16382 .15893 .15424 .14976 .14546 .14134

56 ..................................................................... .19573 .18974 .18400 .17851 .17325 .16821 .16338 .15875 .15430 .15004

57 ..................................................................... .20613 .20000 .19412 .18848 .18307 .17789 .17291 .16814 .16355 .15914

58 ..................................................................... .21688 .21060 .20458 .19880 .19325 .18792 .18280 .17788 .17316 .16861

59 ..................................................................... .22793 .22151 .21535 .20943 .20374 .19827 .19301 .18795 .18309 .17840

60 ..................................................................... .23927 .23272 .22642 .22036 .21454 .20893 .20354 .19834 .19334 .18851

61 ..................................................................... .25092 .24425 .23782 .23163 .22567 .21993 .21440 .20907 .20393 .19898

62 ..................................................................... .26295 .25616 .24961 .24329 .23721 .23134 .22568 .22021 .21494 .20985

63 ..................................................................... .27538 .26847 .26180 .25537 .24916 .24316 .23738 .23179 .22639 .22117

64 ..................................................................... .28817 .28116 .27438 .26783 .26150 .25539 .24949 .24377 .23825 .23291

65 ..................................................................... .30134 .29423 .28735 .28069 .27426 .26803 .26201 .25618 .25054 .24508

66 ..................................................................... .31493 .30772 .30075 .29399 .28746 .28113 .27500 .26906 .26331 .25774

67 ..................................................................... .32899 .32170 .31464 .30780 .30118 .29475 .28852 .28248 .27663 .27095

68 ..................................................................... .34349 .33614 .32901 .32209 .31538 .30887 .30256 .29643 .29047 .28469

69 ..................................................................... .35841 .35100 .34381 .33683 .33005 .32346 .31707 .31085 .30481 .29894

70 ..................................................................... .37366 .36620 .35896 .35193 .34509 .33844 .33197 .32568 .31957 .31362

71 ..................................................................... .38916 .38167 .37440 .36732 .36043 .35372 .34720 .34084 .33466 .32864

72 ..................................................................... .40486 .39736 .39006 .38295 .37602 .36927 .36270 .35629 .35005 .34396

73 ..................................................................... .42074 .41323 .40591 .39878 .39182 .38504 .37843 .37198 .36568 .35955

74 ..................................................................... .43685 .42934 .42202 .41488 .40791 .40110 .39446 .38798 .38165 .37547

75 ..................................................................... .45326 .44577 .43846 .43132 .42435 .41754 .41088 .40438 .39802 .39181

76 ..................................................................... .47004 .46259 .45530 .44818 .44122 .43442 .42776 .42125 .41488 .40865

77 ..................................................................... .48718 .47979 .47255 .46547 .45853 .45175 .44511 .43861 .43225 .42601

78 ..................................................................... .50467 .49735 .49017 .48314 .47626 .46951 .46290 .45643 .45008 .44386

79 ..................................................................... .52239 .51515 .50806 .50110 .49427 .48758 .48102 .47459 .46828 .46209

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36925

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

80 ..................................................................... .54018 .53304 .52603 .51916 .51242 .50580 .49930 .49292 .48666 .48052

81 ..................................................................... .55788 .55085 .54396 .53718 .53053 .52399 .51757 .51126 .50507 .49898

82 ..................................................................... .57540 .56851 .56173 .55506 .54851 .54207 .53574 .52951 .52339 .51737

83 ..................................................................... .59274 .58598 .57933 .57279 .56635 .56001 .55378 .54765 .54161 .53567

84 ..................................................................... .61002 .60341 .59690 .59049 .58418 .57796 .57184 .56582 .55988 .55403

85 ..................................................................... .62734 .62090 .61454 .60828 .60211 .59603 .59004 .58414 .57832 .57258

86 ..................................................................... .64455 .63828 .63210 .62600 .61999 .61406 .60821 .60244 .59675 .59113

87 ..................................................................... .66139 .65531 .64930 .64337 .63752 .63175 .62605 .62043 .61488 .60939

88 ..................................................................... .67783 .67194 .66612 .66037 .65469 .64908 .64354 .63807 .63267 .62733

89 ..................................................................... .69387 .68817 .68254 .67698 .67148 .66605 .66068 .65537 .65012 .64493

90 ..................................................................... .70947 .70398 .69855 .69318 .68786 .68261 .67742 .67228 .66719 .66217

91 ..................................................................... .72437 .71908 .71385 .70867 .70354 .69847 .69345 .68848 .68357 .67870

92 ..................................................................... .73823 .73314 .72810 .72310 .71816 .71326 .70841 .70361 .69886 .69415

93 ..................................................................... .75109 .74618 .74132 .73650 .73173 .72700 .72232 .71768 .71308 .70852

94 ..................................................................... .76312 .75839 .75370 .74905 .74445 .73988 .73536 .73087 .72643 .72202

95 ..................................................................... .77459 .77004 .76552 .76104 .75660 .75220 .74783 .74350 .73920 .73494

96 ..................................................................... .78543 .78105 .77670 .77238 .76810 .76386 .75964 .75546 .75131 .74720

97 ..................................................................... .79550 .79128 .78709 .78293 .77880 .77470 .77063 .76659 .76258 .75860

98 ..................................................................... .80498 .80091 .79687 .79286 .78888 .78492 .78099 .77709 .77322 .76937

99 ..................................................................... .81428 .81036 .80647 .80261 .79877 .79496 .79117 .78741 .78367 .77995

100 ................................................................... .82336 .81959 .81586 .81214 .80845 .80478 .80113 .79751 .79390 .79032

101 ................................................................... .83234 .82873 .82515 .82158 .81804 .81451 .81101 .80753 .80406 .80062

102 ................................................................... .84119 .83774 .83431 .83089 .82750 .82412 .82076 .81742 .81409 .81078

103 ................................................................... .84999 .84670 .84342 .84016 .83691 .83368 .83046 .82726 .82408 .82091

104 ................................................................... .85944 .85632 .85321 .85011 .84703 .84396 .84090 .83786 .83483 .83182

105 ................................................................... .86866 .86570 .86276 .85982 .85690 .85399 .85109 .84820 .84532 .84245

106 ................................................................... .88065 .87792 .87520 .87248 .86978 .86708 .86440 .86172 .85905 .85638

107 ................................................................... .89530 .89286 .89042 .88799 .88557 .88315 .88073 .87833 .87592 .87352

108 ................................................................... .91849 .91654 .91460 .91266 .91072 .90879 .90685 .90492 .90299 .90106

109 ................................................................... .95900 .95800 .95700 .95600 .95500 .95400 .95300 .95200 .95100 .95000

Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%

0 ....................................................................... .01363 .01342 .01323 .01305 .01288 .01272 .01258 .01244 .01231 .01219

1 ....................................................................... .00534 .00512 .00493 .00474 .00458 .00442 .00427 .00414 .00401 .00389

2 ....................................................................... .00518 .00495 .00474 .00455 .00437 .00421 .00405 .00391 .00377 .00365

3 ....................................................................... .00526 .00502 .00480 .00459 .00440 .00422 .00406 .00391 .00376 .00363

4 ....................................................................... .00546 .00521 .00497 .00475 .00455 .00436 .00419 .00402 .00387 .00373

5 ....................................................................... .00576 .00549 .00524 .00501 .00479 .00459 .00440 .00423 .00406 .00391

6 ....................................................................... .00613 .00584 .00557 .00532 .00509 .00488 .00468 .00449 .00432 .00415

7 ....................................................................... .00657 .00626 .00598 .00571 .00547 .00524 .00502 .00482 .00464 .00446

8 ....................................................................... .00707 .00675 .00644 .00616 .00590 .00565 .00542 .00521 .00501 .00482

9 ....................................................................... .00766 .00732 .00699 .00669 .00641 .00615 .00591 .00568 .00547 .00527

10 ..................................................................... .00835 .00798 .00764 .00732 .00702 .00675 .00649 .00624 .00602 .00580

11 ..................................................................... .00913 .00874 .00838 .00804 .00772 .00743 .00715 .00689 .00665 .00642

12 ..................................................................... .01000 .00959 .00920 .00884 .00851 .00819 .00790 .00762 .00737 .00712

13 ..................................................................... .01091 .01048 .01007 .00969 .00933 .00900 .00869 .00840 .00813 .00787

14 ..................................................................... .01181 .01135 .01092 .01052 .01014 .00979 .00947 .00916 .00887 .00860

15 ..................................................................... .01267 .01218 .01173 .01130 .01091 .01054 .01019 .00987 .00956 .00928

16 ..................................................................... .01345 .01294 .01246 .01201 .01160 .01121 .01084 .01050 .01018 .00988

17 ..................................................................... .01418 .01364 .01313 .01266 .01222 .01181 .01143 .01107 .01073 .01041

18 ..................................................................... .01486 .01429 .01375 .01326 .01279 .01236 .01196 .01158 .01122 .01088

19 ..................................................................... .01554 .01494 .01438 .01385 .01336 .01291 .01248 .01208 .01170 .01135

20 ..................................................................... .01626 .01562 .01503 .01448 .01396 .01348 .01303 .01260 .01220 .01183

21 ..................................................................... .01702 .01635 .01573 .01514 .01460 .01409 .01361 .01316 .01274 .01235

22 ..................................................................... .01782 .01711 .01645 .01584 .01526 .01472 .01422 .01374 .01330 .01288

23 ..................................................................... .01868 .01793 .01724 .01658 .01597 .01540 .01487 .01437 .01390 .01345

24 ..................................................................... .01962 .01883 .01809 .01740 .01675 .01615 .01558 .01505 .01455 .01408

25 ..................................................................... .02065 .01981 .01903 .01830 .01762 .01698 .01638 .01581 .01528 .01478

26 ..................................................................... .02178 .02089 .02006 .01929 .01856 .01789 .01725 .01665 .01609 .01556

27 ..................................................................... .02303 .02209 .02122 .02040 .01963 .01891 .01824 .01760 .01700 .01644

28 ..................................................................... .02439 .02339 .02247 .02160 .02079 .02002 .01931 .01863 .01800 .01740

29 ..................................................................... .02585 .02480 .02382 .02290 .02204 .02123 .02047 .01976 .01908 .01845

30 ..................................................................... .02742 .02631 .02527 .02430 .02339 .02253 .02172 .02096 .02025 .01957

31 ..................................................................... .02910 .02793 .02683 .02579 .02482 .02391 .02306 .02225 .02149 .02077

32 ..................................................................... .03089 .02965 .02849 .02739 .02636 .02540 .02449 .02363 .02282 .02206

33 ..................................................................... .03282 .03151 .03028 .02912 .02803 .02701 .02604 .02513 .02427 .02346

34 ..................................................................... .03489 .03350 .03220 .03097 .02982 .02873 .02771 .02674 .02583 .02497

35 ..................................................................... .03713 .03567 .03429 .03299 .03177 .03061 .02953 .02850 .02753 .02661

36 ..................................................................... .03953 .03798 .03653 .03515 .03386 .03263 .03148 .03039 .02936 .02838

37 ..................................................................... .04211 .04048 .03894 .03748 .03611 .03481 .03359 .03243 .03134 .03030

38 ..................................................................... .04490 .04318 .04155 .04001 .03856 .03719 .03589 .03466 .03350 .03239

39 ..................................................................... .04791 .04609 .04437 .04274 .04120 .03975 .03837 .03707 .03583 .03466

40 ..................................................................... .05116 .04924 .04742 .04571 .04408 .04254 .04108 .03970 .03839 .03714

36926 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%

41 ..................................................................... .05469 .05267 .05075 .04894 .04722 .04559 .04405 .04258 .04119 .03987

42 ..................................................................... .05851 .05638 .05436 .05245 .05063 .04891 .04728 .04573 .04425 .04285

43 ..................................................................... .06263 .06039 .05827 .05625 .05433 .05252 .05079 .04915 .04759 .04610

44 ..................................................................... .06707 .06472 .06248 .06035 .05834 .05642 .05459 .05286 .05121 .04963

45 ..................................................................... .07180 .06933 .06698 .06474 .06262 .06059 .05867 .05684 .05509 .05342

46 ..................................................................... .07685 .07425 .07178 .06943 .06720 .06507 .06304 .06110 .05926 .05750

47 ..................................................................... .08218 .07946 .07687 .07440 .07205 .06981 .06768 .06564 .06369 .06183

48 ..................................................................... .08784 .08499 .08228 .07969 .07722 .07487 .07262 .07047 .06842 .06646

49 ..................................................................... .09382 .09085 .08801 .08530 .08271 .08024 .07788 .07562 .07346 .07140

50 ..................................................................... .10018 .09707 .09410 .09127 .08856 .08597 .08349 .08112 .07885 .07667

51 ..................................................................... .10691 .10367 .10057 .09761 .09477 .09206 .08946 .08697 .08459 .08231

52 ..................................................................... .11399 .11061 .10738 .10429 .10132 .09849 .09577 .09316 .09066 .08826

53 ..................................................................... .12142 .11791 .11454 .11132 .10823 .10526 .10242 .09969 .09707 .09456

54 ..................................................................... .12921 .12556 .12206 .11870 .11548 .11239 .10942 .10657 .10383 .10120

55 ..................................................................... .13738 .13359 .12995 .12646 .12311 .11989 .11679 .11382 .11096 .10820

56 ..................................................................... .14595 .14202 .13824 .13462 .13113 .12778 .12456 .12146 .11847 .11560

57 ..................................................................... .15491 .15084 .14693 .14317 .13955 .13607 .13272 .12949 .12638 .12338

58 ..................................................................... .16424 .16004 .15599 .15209 .14834 .14473 .14125 .13789 .13465 .13153

59 ..................................................................... .17390 .16955 .16537 .16134 .15746 .15371 .15010 .14662 .14325 .14001

60 ..................................................................... .18387 .17939 .17507 .17091 .16689 .16302 .15927 .15566 .15217 .14880

61 ..................................................................... .19420 .18958 .18513 .18084 .17669 .17268 .16881 .16506 .16145 .15795

62 ..................................................................... .20494 .20020 .19561 .19119 .18691 .18277 .17877 .17490 .17115 .16753

63 ..................................................................... .21613 .21126 .20654 .20199 .19758 .19331 .18918 .18518 .18131 .17757

64 ..................................................................... .22774 .22274 .21791 .21322 .20869 .20429 .20004 .19592 .19192 .18805

65 ..................................................................... .23979 .23467 .22971 .22490 .22025 .21573 .21135 .20710 .20299 .19899

66 ..................................................................... .25233 .24709 .24202 .23709 .23231 .22767 .22318 .21881 .21457 .21045

67 ..................................................................... .26543 .26009 .25489 .24985 .24496 .24021 .23560 .23111 .22676 .22252

68 ..................................................................... .27908 .27363 .26833 .26319 .25819 .25332 .24860 .24400 .23954 .23519

69 ..................................................................... .29324 .28769 .28230 .27705 .27195 .26699 .26216 .25746 .25288 .24843

70 ..................................................................... .30783 .30219 .29671 .29137 .28618 .28112 .27619 .27139 .26672 .26216

71 ..................................................................... .32277 .31706 .31150 .30608 .30079 .29564 .29063 .28573 .28096 .27631

72 ..................................................................... .33803 .33225 .32661 .32112 .31575 .31052 .30542 .30044 .29559 .29084

73 ..................................................................... .35356 .34772 .34201 .33645 .33101 .32571 .32053 .31547 .31053 .30571

74 ..................................................................... .36943 .36354 .35778 .35215 .34666 .34129 .33604 .33091 .32590 .32100

75 ..................................................................... .38574 .37980 .37400 .36833 .36278 .35735 .35205 .34686 .34178 .33681

76 ..................................................................... .40256 .39660 .39076 .38505 .37947 .37400 .36864 .36340 .35827 .35324

77 ..................................................................... .41991 .41394 .40808 .40235 .39674 .39124 .38585 .38056 .37539 .37032

78 ..................................................................... .43777 .43180 .42594 .42020 .41457 .40906 .40365 .39834 .39314 .38803

79 ..................................................................... .45602 .45007 .44422 .43849 .43287 .42735 .42193 .41661 .41139 .40627

80 ..................................................................... .47449 .46856 .46275 .45704 .45143 .44592 .44051 .43519 .42997 .42484

81 ..................................................................... .49300 .48712 .48134 .47566 .47008 .46460 .45921 .45391 .44870 .44357

82 ..................................................................... .51145 .50563 .49990 .49427 .48873 .48328 .47792 .47265 .46746 .46235

83 ..................................................................... .52983 .52407 .51841 .51284 .50735 .50195 .49663 .49139 .48624 .48116

84 ..................................................................... .54828 .54261 .53702 .53151 .52609 .52075 .51549 .51030 .50519 .50015

85 ..................................................................... .56693 .56135 .55586 .55044 .54510 .53983 .53464 .52952 .52447 .51949

86 ..................................................................... .58560 .58013 .57474 .56943 .56418 .55901 .55390 .54886 .54389 .53898

87 ..................................................................... .60398 .59864 .59337 .58817 .58303 .57795 .57294 .56799 .56310 .55828

88 ..................................................................... .62206 .61685 .61170 .60662 .60159 .59663 .59173 .58688 .58209 .57736

89 ..................................................................... .63980 .63474 .62972 .62477 .61987 .61503 .61024 .60551 .60083 .59620

90 ..................................................................... .65719 .65227 .64741 .64259 .63783 .63312 .62846 .62385 .61928 .61477

91 ..................................................................... .67388 .66912 .66440 .65973 .65511 .65053 .64600 .64152 .63708 .63269

92 ..................................................................... .68949 .68487 .68030 .67577 .67129 .66685 .66245 .65809 .65378 .64950

93 ..................................................................... .70401 .69954 .69511 .69072 .68637 .68205 .67778 .67355 .66935 .66519

94 ..................................................................... .71765 .71332 .70902 .70477 .70055 .69636 .69222 .68810 .68403 .67998

95 ..................................................................... .73072 .72653 .72237 .71825 .71416 .71010 .70608 .70209 .69813 .69421

96 ..................................................................... .74311 .73906 .73504 .73105 .72709 .72316 .71926 .71539 .71155 .70774

97 ..................................................................... .75465 .75073 .74684 .74297 .73914 .73533 .73155 .72780 .72407 .72037

98 ..................................................................... .76555 .76175 .75798 .75424 .75052 .74683 .74317 .73953 .73591 .73232

99 ..................................................................... .77626 .77260 .76895 .76534 .76174 .75817 .75462 .75109 .74759 .74411

100 ................................................................... .78676 .78323 .77971 .77622 .77274 .76929 .76586 .76245 .75906 .75569

101 ................................................................... .79719 .79379 .79040 .78703 .78368 .78035 .77704 .77375 .77048 .76722

102 ................................................................... .80749 .80422 .80096 .79772 .79450 .79130 .78811 .78494 .78178 .77864

103 ................................................................... .81775 .81461 .81149 .80838 .80529 .80221 .79914 .79609 .79306 .79003

104 ................................................................... .82881 .82582 .82284 .81988 .81693 .81399 .81106 .80815 .80525 .80236

105 ................................................................... .83959 .83674 .83391 .83108 .82826 .82546 .82267 .81988 .81711 .81435

106 ................................................................... .85373 .85108 .84844 .84581 .84319 .84058 .83797 .83537 .83278 .83020

107 ................................................................... .87113 .86875 .86636 .86399 .86161 .85925 .85689 .85453 .85218 .84984

108 ................................................................... .89913 .89721 .89529 .89337 .89145 .88953 .88762 .88571 .88380 .88189

109 ................................................................... .94900 .94800 .94700 .94600 .94500 .94400 .94300 .94200 .94100 .94000

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

0 ....................................................................... .01208 .01197 .01187 .01177 .01168 .01159 .01151 .01143 .01135 .01128

1 ....................................................................... .00378 .00367 .00358 .00348 .00340 .00331 .00323 .00316 .00309 .00302

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36927

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

2 ....................................................................... .00353 .00342 .00331 .00322 .00312 .00304 .00295 .00288 .00280 .00273

3 ....................................................................... .00350 .00339 .00327 .00317 .00307 .00298 .00289 .00281 .00273 .00265

4 ....................................................................... .00359 .00347 .00335 .00324 .00313 .00303 .00294 .00285 .00276 .00268

5 ....................................................................... .00377 .00363 .00351 .00339 .00327 .00317 .00306 .00297 .00288 .00279

6 ....................................................................... .00400 .00386 .00372 .00359 .00347 .00335 .00325 .00314 .00305 .00295

7 ....................................................................... .00430 .00414 .00400 .00386 .00373 .00360 .00349 .00338 .00327 .00317

8 ....................................................................... .00465 .00448 .00432 .00417 .00403 .00390 .00378 .00366 .00354 .00344

9 ....................................................................... .00508 .00490 .00473 .00457 .00442 .00428 .00414 .00402 .00389 .00378

10 ..................................................................... .00560 .00541 .00523 .00506 .00490 .00475 .00460 .00446 .00433 .00421

11 ..................................................................... .00620 .00600 .00581 .00563 .00546 .00529 .00514 .00499 .00485 .00472

12 ..................................................................... .00689 .00668 .00647 .00628 .00610 .00593 .00576 .00560 .00545 .00531

13 ..................................................................... .00763 .00740 .00718 .00698 .00678 .00660 .00642 .00626 .00610 .00595

14 ..................................................................... .00834 .00810 .00787 .00766 .00745 .00726 .00707 .00689 .00673 .00657

15 ..................................................................... .00901 .00875 .00851 .00828 .00807 .00786 .00767 .00748 .00730 .00714

16 ..................................................................... .00959 .00932 .00907 .00883 .00860 .00839 .00818 .00799 .00780 .00762

17 ..................................................................... .01011 .00983 .00956 .00930 .00907 .00884 .00862 .00842 .00822 .00804

18 ..................................................................... .01057 .01027 .00999 .00972 .00947 .00923 .00900 .00879 .00858 .00839

19 ..................................................................... .01101 .01070 .01040 .01012 .00985 .00960 .00936 .00914 .00892 .00871

20 ..................................................................... .01148 .01115 .01083 .01054 .01026 .00999 .00974 .00950 .00927 .00905

21 ..................................................................... .01197 .01162 .01129 .01098 .01068 .01040 .01014 .00988 .00964 .00941

22 ..................................................................... .01249 .01211 .01176 .01143 .01112 .01082 .01054 .01027 .01002 .00978

23 ..................................................................... .01304 .01264 .01227 .01192 .01159 .01127 .01098 .01069 .01042 .01017

24 ..................................................................... .01364 .01322 .01283 .01246 .01210 .01177 .01145 .01115 .01087 .01060

25 ..................................................................... .01431 .01387 .01345 .01306 .01268 .01233 .01199 .01168 .01137 .01109

26 ..................................................................... .01506 .01459 .01415 .01373 .01333 .01295 .01260 .01226 .01194 .01163

27 ..................................................................... .01591 .01541 .01494 .01449 .01407 .01367 .01329 .01293 .01259 .01226

28 ..................................................................... .01684 .01631 .01580 .01533 .01488 .01445 .01405 .01367 .01330 .01296

29 ..................................................................... .01785 .01728 .01675 .01624 .01577 .01531 .01488 .01447 .01408 .01372

30 ..................................................................... .01893 .01833 .01776 .01723 .01672 .01623 .01578 .01534 .01493 .01453

31 ..................................................................... .02010 .01946 .01885 .01828 .01773 .01722 .01673 .01627 .01582 .01540

32 ..................................................................... .02134 .02066 .02002 .01940 .01883 .01828 .01776 .01726 .01679 .01634

33 ..................................................................... .02270 .02197 .02128 .02063 .02002 .01943 .01887 .01835 .01784 .01736

34 ..................................................................... .02415 .02338 .02265 .02195 .02130 .02067 .02008 .01951 .01897 .01846

35 ..................................................................... .02574 .02492 .02414 .02340 .02270 .02203 .02140 .02080 .02022 .01967

36 ..................................................................... .02746 .02658 .02575 .02496 .02422 .02350 .02283 .02218 .02157 .02098

37 ..................................................................... .02932 .02838 .02750 .02666 .02586 .02510 .02438 .02369 .02303 .02241

38 ..................................................................... .03135 .03035 .02941 .02851 .02766 .02685 .02608 .02534 .02464 .02397

39 ..................................................................... .03355 .03249 .03149 .03053 .02962 .02876 .02793 .02715 .02640 .02568

40 ..................................................................... .03596 .03484 .03377 .03275 .03178 .03086 .02998 .02914 .02833 .02757

41 ..................................................................... .03861 .03742 .03628 .03520 .03416 .03318 .03224 .03134 .03048 .02966

42 ..................................................................... .04152 .04025 .03903 .03788 .03678 .03573 .03473 .03377 .03285 .03198

43 ..................................................................... .04468 .04333 .04205 .04082 .03965 .03853 .03746 .03644 .03546 .03453

44 ..................................................................... .04813 .04670 .04533 .04403 .04278 .04159 .04045 .03936 .03832 .03732

45 ..................................................................... .05183 .05032 .04887 .04748 .04616 .04489 .04368 .04252 .04141 .04034

46 ..................................................................... .05582 .05421 .05267 .05121 .04980 .04846 .04717 .04593 .04475 .04362

47 ..................................................................... .06006 .05836 .05673 .05518 .05369 .05226 .05089 .04958 .04832 .04711

48 ..................................................................... .06459 .06279 .06107 .05943 .05785 .05634 .05488 .05349 .05216 .05087

49 ..................................................................... .06942 .06752 .06571 .06397 .06230 .06070 .05916 .05768 .05626 .05490

50 ..................................................................... .07459 .07259 .07068 .06884 .06708 .06538 .06376 .06219 .06069 .05924

51 ..................................................................... .08012 .07801 .07599 .07406 .07220 .07041 .06869 .06703 .06544 .06391

52 ..................................................................... .08596 .08375 .08163 .07959 .07763 .07574 .07392 .07218 .07049 .06887

53 ..................................................................... .09214 .08982 .08759 .08544 .08338 .08139 .07948 .07763 .07586 .07415

54 ..................................................................... .09867 .09623 .09389 .09164 .08946 .08737 .08536 .08342 .08154 .07974

55 ..................................................................... .10556 .10301 .10055 .09819 .09591 .09371 .09159 .08955 .08757 .08567

56 ..................................................................... .11283 .11016 .10759 .10511 .10272 .10042 .09819 .09605 .09397 .09197

57 ..................................................................... .12050 .11771 .11502 .11243 .10993 .10751 .10518 .10293 .10075 .09864

58 ..................................................................... .12852 .12562 .12281 .12011 .11749 .11496 .11252 .11016 .10787 .10567

59 ..................................................................... .13687 .13385 .13092 .12810 .12537 .12273 .12017 .11770 .11531 .11299

60 ..................................................................... .14554 .14240 .13935 .13641 .13356 .13080 .12813 .12555 .12305 .12063

61 ..................................................................... .15457 .15130 .14813 .14507 .14210 .13923 .13644 .13375 .13113 .12860

62 ..................................................................... .16402 .16063 .15734 .15415 .15107 .14808 .14518 .14237 .13964 .13699

63 ..................................................................... .17393 .17042 .16700 .16370 .16049 .15738 .15437 .15144 .14860 .14584

64 ..................................................................... .18429 .18065 .17712 .17369 .17036 .16714 .16400 .16096 .15800 .15513

65 ..................................................................... .19511 .19135 .18769 .18415 .18070 .17735 .17410 .17094 .16787 .16488

66 ..................................................................... .20645 .20257 .19880 .19513 .19157 .18810 .18473 .18146 .17827 .17517

67 ..................................................................... .21841 .21441 .21052 .20673 .20305 .19947 .19599 .19259 .18929 .18608

68 ..................................................................... .23096 .22685 .22284 .21895 .21515 .21146 .20786 .20436 .20094 .19762

69 ..................................................................... .24409 .23987 .23575 .23175 .22784 .22404 .22033 .21672 .21320 .20976

70 ..................................................................... .25772 .25339 .24918 .24507 .24106 .23715 .23333 .22961 .22598 .22244

71 ..................................................................... .27178 .26735 .26304 .25882 .25471 .25070 .24679 .24296 .23923 .23559

72 ..................................................................... .28622 .28170 .27729 .27298 .26877 .26467 .26065 .25673 .25290 .24915

73 ..................................................................... .30100 .29639 .29189 .28749 .28320 .27899 .27489 .27087 .26694 .26310

74 ..................................................................... .31621 .31152 .30694 .30246 .29807 .29378 .28959 .28548 .28146 .27753

75 ..................................................................... .33195 .32719 .32253 .31797 .31351 .30914 .30486 .30067 .29657 .29255

36928 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

76 ..................................................................... .34832 .34350 .33877 .33415 .32961 .32517 .32082 .31656 .31238 .30828

77 ..................................................................... .36535 .36047 .35570 .35101 .34642 .34192 .33750 .33317 .32892 .32475

78 ..................................................................... .38302 .37811 .37329 .36856 .36392 .35937 .35490 .35051 .34621 .34198

79 ..................................................................... .40124 .39630 .39145 .38669 .38201 .37742 .37291 .36848 .36413 .35985

80 ..................................................................... .41980 .41485 .40998 .40520 .40050 .39588 .39134 .38688 .38249 .37818

81 ..................................................................... .43854 .43358 .42871 .42392 .41921 .41457 .41001 .40553 .40112 .39678

82 ..................................................................... .45733 .45238 .44752 .44273 .43802 .43338 .42881 .42431 .41989 .41553

83 ..................................................................... .47616 .47123 .46638 .46161 .45690 .45227 .44770 .44320 .43877 .43441

84 ..................................................................... .49519 .49030 .48548 .48073 .47604 .47143 .46688 .46239 .45797 .45361

85 ..................................................................... .51458 .50974 .50496 .50025 .49560 .49102 .48650 .48204 .47763 .47329

86 ..................................................................... .53413 .52935 .52463 .51998 .51538 .51084 .50636 .50194 .49758 .49327

87 ..................................................................... .55351 .54881 .54416 .53957 .53503 .53055 .52613 .52176 .51744 .51317

88 ..................................................................... .57268 .56806 .56349 .55898 .55451 .55010 .54574 .54144 .53718 .53296

89 ..................................................................... .59162 .58710 .58262 .57819 .57382 .56949 .56520 .56097 .55678 .55263

90 ..................................................................... .61030 .60588 .60151 .59718 .59290 .58866 .58447 .58032 .57621 .57214

91 ..................................................................... .62834 .62403 .61977 .61554 .61136 .60722 .60312 .59907 .59505 .59107

92 ..................................................................... .64527 .64107 .63692 .63280 .62872 .62468 .62068 .61672 .61279 .60890

93 ..................................................................... .66107 .65699 .65294 .64893 .64495 .64101 .63711 .63323 .62940 .62559

94 ..................................................................... .67597 .67200 .66806 .66415 .66027 .65643 .65262 .64884 .64509 .64138

95 ..................................................................... .69031 .68645 .68262 .67881 .67504 .67130 .66759 .66390 .66025 .65662

96 ..................................................................... .70396 .70021 .69648 .69279 .68912 .68548 .68186 .67828 .67471 .67118

97 ..................................................................... .71670 .71305 .70943 .70584 .70227 .69872 .69520 .69171 .68824 .68480

98 ..................................................................... .72875 .72521 .72169 .71819 .71472 .71127 .70784 .70444 .70106 .69770

99 ..................................................................... .74065 .73721 .73379 .73040 .72703 .72368 .72035 .71704 .71375 .71048

100 ................................................................... .75234 .74901 .74570 .74241 .73914 .73589 .73265 .72944 .72625 .72307

101 ................................................................... .76399 .76077 .75757 .75438 .75122 .74807 .74494 .74183 .73873 .73565

102 ................................................................... .77552 .77241 .76932 .76625 .76319 .76015 .75712 .75411 .75111 .74813

103 ................................................................... .78703 .78404 .78106 .77809 .77514 .77221 .76929 .76638 .76348 .76060

104 ................................................................... .79948 .79662 .79377 .79093 .78810 .78528 .78248 .77969 .77691 .77414

105 ................................................................... .81159 .80885 .80612 .80340 .80069 .79799 .79530 .79262 .78995 .78729

106 ................................................................... .82763 .82506 .82250 .81995 .81741 .81488 .81235 .80983 .80732 .80482

107 ................................................................... .84749 .84516 .84283 .84051 .83819 .83587 .83356 .83126 .82896 .82666

108 ................................................................... .87999 .87808 .87618 .87428 .87238 .87049 .86859 .86670 .86481 .86293

109 ................................................................... .93900 .93800 .93700 .93600 .93500 .93400 .93300 .93200 .93100 .93000

(f) Effective dates. This section

applies after April 30, 1999.

§ 1.664–4T [Removed]

Par. 8. Section 1.664–4T is removed.

Par. 9. Section 1.7520–1 is amended

by:

1. Revising paragraph (b)(2).

2. Revising paragraphs (c)(1) and

(c)(2).

3. Revising paragraph (d).

The revisions read as follows:

§ 1.7520–1 Valuation of annuities, unitrust

interests, interests for life or terms of years,

and remainder or reversionary interests.

* * * * *

(b) * * *

(2) Mortality component. The

mortality component reflects the

mortality data most recently available

from the United States census. As new

mortality data becomes available after

each decennial census, the mortality

component described in this section

will be revised periodically and the

revised mortality component tables will

be published in the regulations at that

time. For transactions with valuation

dates after April 30, 1999, the mortality

component table (Table 90CM) is

contained in § 20.2031–7(d)(7) of this

chapter. See § 20.2031–7A of this

chapter for mortality component tables

applicable to transactions for which the

valuation date falls before May 1, 1999.

(c) * * *

(1) Regulation sections containing

tables with interest rates between 4.2

and 14 percent for valuation dates after

April 30, 1999. Section 1.642(c)–6(e)(6)

contains Table S used for determining

the present value of a single life

remainder interest in a pooled income

fund as defined in § 1.642(c)–5. See

§ 1.642(c)–6A for actuarial factors for

one life applicable to valuation dates

before May 1, 1999. Section 1.664–

4(e)(6) contains Table F (payout factors)

and Table D (actuarial factors used in

determining the present value of a

remainder interest postponed for a term

of years). Section 1.664–4(e)(7) contains

Table U(1) (unitrust single life

remainder factors). These tables are

used in determining the present value of

a remainder interest in a charitable

remainder unitrust as defined in

§ 1.664–3. See § 1.664–4A for unitrust

single life remainder factors applicable

to valuation dates before May 1, 1999.

Section 20.2031–7(d)(6) of this chapter

contains Table B (actuarial factors used

in determining the present value of an

interest for a term of years), Table K

(annuity end-of-interval adjustment

factors), and Table J (term certain

annuity beginning-of-interval

adjustment factors). Section 20.2031–

7(d)(7) of this chapter contains Table S

(single life remainder factors), and Table

90CM (mortality components). These

tables are used in determining the

present value of annuities, life estates,

remainders, and reversions. See

§ 20.2031–7A of this chapter for single

life remainder factors and mortality

components applicable to valuation

dates before May 1, 1999.

(2) Internal Revenue Service

publications containing tables with

interest rates between 2.2 and 22

percent for valuation dates after April

30, 1999. The following documents are

available for purchase from the

Superintendent of Documents, United

States Government Printing Office,

Washington, DC 20402:

(i) Internal Revenue Service

Publication 1457, ‘‘Actuarial Values,

Book Aleph,’’ (7–1999). This

publication includes tables of valuation

factors, as well as examples that show

how to compute other valuation factors,

for determining the present value of

annuities, life estates, terms of years,

remainders, and reversions, measured

by one or two lives. These factors may

also be used in the valuation of interests

in a charitable remainder annuity trust

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36929

as defined in § 1.664–2 and a pooled

income fund as defined in § 1.642(c)–5.

See § 20.2031–7A of this chapter for

publications containing tables for

valuation dates before May 1, 1999.

(ii) Internal Revenue Service

Publication 1458, ‘‘Actuarial Values,

Book Beth,’’ (7–1999). This publication

includes term certain tables and tables

of one and two life valuation factors for

determining the present value of

remainder interests in a charitable

remainder unitrust as defined in

§ 1.664–3. See § 1.664–4A for

publications containing tables for

valuation dates before May 1, 1999.

(iii) Internal Revenue Service

Publication 1459, ‘‘Actuarial Values,

Book Gimel,’’ (7–1999). This publication

includes tables for computing

depreciation adjustment factors. See

§ 1.170A–12.

(d) Effective date. This section applies

after April 30, 1989.

§ 1.7520–1T [Removed]

Par. 10. Section 1.7520–1T is

removed.

PART 20—ESTATE TAX; ESTATES OF

DECEDENTS DYING AFTER AUGUST

16, 1954

Par. 11. The authority citation for part

20 is amended by removing entries for

sections 20.2031–7T and 20.7520–1T to

read in part as follows:

Authority: 26 U.S.C. 7805 * * *

§ 20.2031–0 [Amended]

Par. 12. Section 20.2031–0 is

amended by removing the entry for

§ 20.2031–7T from the contents listing.

Par. 13. Section 20.2031–7 is

amended by:

1. Removing existing paragraphs (c)

through (d)(5).

2. Adding paragraphs (c), (d) heading,

and (d)(1) through (d)(5).

3. Revising the introductory text of

paragraph (d)(6).

4. Adding paragraph (d)(7).

5. Revising paragraph (e).

The revisions and additions read as

follows:

§ 20.2031–7 Valuation of annuities,

interests for life or term of years, and

remainder or reversionary interests.

* * * * *

(c) Actuarial valuations. The present

value of annuities, life estates, terms of

years, remainders, and reversions for

estates of decedents for which the

valuation date of the gross estate is after

April 30, 1999, is determined under

paragraph (d) of this section. The

present value of annuities, life estates,

terms of years, remainders, and

reversions for estates of decedents for

which the valuation date of the gross

estate is before May 1, 1999, is

determined under the following

sections:

Valuation date Applicable

regulations After Before

01–01–52 20.2031–7A(a)

12–31–51 ....... 01–01–71 20.2031–7A(b)

12–31–70 ....... 12–01–83 20.2031–7A(c)

11–30–83 ....... 05–01–89 20.2031–7A(d)

04–30–89 ....... 05–01–99 20.2031–7A(e)

(d) Actuarial valuations after April

30, 1999—(1) In general. Except as

otherwise provided in paragraph (b) of

this section and § 20.7520–3(b)

(pertaining to certain limitations on the

use of prescribed tables), if the valuation

date for the gross estate of the decedent

is after April 30, 1999, the fair market

value of annuities, life estates, terms of

years, remainders, and reversionary

interests is the present value determined

by use of standard or special section

7520 actuarial factors. These factors are

derived by using the appropriate section

7520 interest rate and, if applicable, the

mortality component for the valuation

date of the interest that is being valued.

For purposes of the computations

described in this section, the age of an

individual is the age of that individual

at the individual’s nearest birthday. See

§§ 20.7520–1 through 20.7520–4.

(2) Specific interests—(i) Charitable

remainder trusts. The fair market value

of a remainder interest in a pooled

income fund, as defined in § 1.642(c)–5

of this chapter, is its value determined

under § 1.642(c)–6(e) of this chapter.

The fair market value of a remainder

interest in a charitable remainder

annuity trust, as defined in § 1.664–2(a)

of this chapter, is the present value

determined under § 1.664–2(c) of this

chapter. The fair market value of a

remainder interest in a charitable

remainder unitrust, as defined in

§ 1.664–3 of this chapter, is its present

value determined under § 1.664–4(e) of

this chapter. The fair market value of a

life interest or term of years in a

charitable remainder unitrust is the fair

market value of the property as of the

date of valuation less the fair market

value of the remainder interest on that

date determined under § 1.664–4(e)(4)

and (5) of this chapter.

(ii) Ordinary remainder and

reversionary interests. If the interest to

be valued is to take effect after a definite

number of years or after the death of one

individual, the present value of the

interest is computed by multiplying the

value of the property by the appropriate

remainder interest actuarial factor (that

corresponds to the applicable section

7520 interest rate and remainder interest

period) in Table B (for a term certain) or

the appropriate Table S (for one

measuring life), as the case may be.

Table B is contained in paragraph (d)(6)

of this section and Table S (for one

measuring life when the valuation date

is after April 30, 1999) is contained in

paragraph (d)(7) of this section and in

Internal Revenue Service Publication

1457. For information about obtaining

actuarial factors for other types of

remainder interests, see paragraph (d)(4)

of this section.

(iii) Ordinary term-of-years and life

interests. If the interest to be valued is

the right of a person to receive the

income of certain property, or to use

certain nonincome-producing property,

for a term of years or for the life of one

individual, the present value of the

interest is computed by multiplying the

value of the property by the appropriate

term-of-years or life interest actuarial

factor (that corresponds to the

applicable section 7520 interest rate and

term-of-years or life interest period).

Internal Revenue Service Publication

1457 includes actuarial factors for an

interest for a term of years in Table B

and for the life of one individual in

Table S (for one measuring life when the

valuation date is after April 30, 1999).

However, term-of-years and life interest

actuarial factors are not included in

Table B in paragraph (d)(6) of this

section or Table S in paragraph (d)(7) of

this section. If Internal Revenue Service

Publication 1457 (or any other reliable

source of term-of-years and life interest

actuarial factors) is not conveniently

available, an actuarial factor for the

interest may be derived mathematically.

This actuarial factor may be derived by

subtracting the correlative remainder

factor (that corresponds to the

applicable section 7520 interest rate and

the term of years or the life) in Table B

(for a term of years) in paragraph (d)(6)

of this section or in Table S (for the life

of one individual) in paragraph (d)(7) of

this section, as the case may be, from

1.000000. For information about

obtaining actuarial factors for other

types of term-of-years and life interests,

see paragraph (d)(4) of this section.

(iv) Annuities. (A) If the interest to be

valued is the right of a person to receive

an annuity that is payable at the end of

each year for a term of years or for the

life of one individual, the present value

of the interest is computed by

multiplying the aggregate amount

payable annually by the appropriate

annuity actuarial factor (that

corresponds to the applicable section

7520 interest rate and annuity period).

Internal Revenue Publication 1457

36930 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

includes actuarial factors in Table B (for

an annuity payable for a term of years)

and in Table S (for an annuity payable

for the life of one individual when the

valuation date is after April 30, 1999).

However, annuity actuarial factors are

not included in Table B in paragraph

(d)(6) of this section or Table S in

paragraph (d)(7) of this section. If

Internal Revenue Service Publication

1457 (or any other reliable source of

annuity actuarial factors) is not

conveniently available, a required

annuity factor for a term of years or for

one life may be mathematically derived.

This annuity factor may be derived by

subtracting the applicable remainder

factor (that corresponds to the

applicable section 7520 interest rate and

annuity period) in Table B (in the case

of a term-of-years annuity) in paragraph

(d)(6) of this section or in Table S (in the

case of a one-life annuity when the

valuation date is after April 30, 1999) in

paragraph (d)(7) of this section, as the

case may be, from 1.000000 and then

dividing the result by the applicable

section 7520 interest rate expressed as a

decimal number.

(B) If the annuity is payable at the end

of semiannual, quarterly, monthly, or

weekly periods, the product obtained by

multiplying the annuity factor by the

aggregate amount payable annually is

then multiplied by the applicable

adjustment factor as contained in Table

K in paragraph (d)(6) of this section for

payments made at the end of the

specified periods. The provisions of this

paragraph (d)(2)(iv)(B) are illustrated by

the following example:

Example. At the time of the decedent’s

death, the survivor/annuitant, age 72, is

entitled to receive an annuity of $15,000 a

year for life payable in equal monthly

installments at the end of each period. The

section 7520 rate for the month in which the

decedent died is 9.6 percent. Under Table S

in paragraph (d)(7) of this section, the

remainder factor at 9.6 percent for an

individual aged 72 is .38438. By converting

the remainder factor to an annuity factor, as

described above, the annuity factor at 9.6

percent for an individual aged 72 is 6.4127

(1.00000 minus .38438, divided by .096).

Under Table K in paragraph (d)(6) of this

section, the adjustment factor under the

column for payments made at the end of each

monthly period at the rate of 9.6 percent is

1.0433. The aggregate annual amount,

$15,000, is multiplied by the factor 6.4127

and the product multiplied by 1.0433. The

present value of the annuity at the date of the

decedent’s death is, therefore, $100,355.55

($15,000 × 6.4127 × 1.0433).

(C) If an annuity is payable at the

beginning of annual, semiannual,

quarterly, monthly, or weekly periods

for a term of years, the value of the

annuity is computed by multiplying the

aggregate amount payable annually by

the annuity factor described in

paragraph (d)(2)(iv)(A) of this section;

and the product so obtained is then

multiplied by the adjustment factor in

Table J in paragraph (d)(6) of this

section at the appropriate interest rate

component for payments made at the

beginning of specified periods. If an

annuity is payable at the beginning of

annual, semiannual, quarterly, monthly,

or weekly periods for one or more lives,

the value of the annuity is the sum of

the first payment plus the present value

of a similar annuity, the first payment

of which is not to be made until the end

of the payment period, determined as

provided in this paragraph (d)(2)(iv).

(v) Annuity and unitrust interests for

a term of years or until the prior death

of an individual. See § 25.2512–

5(d)(2)(v) of this chapter for examples

explaining how to compute the present

value of an annuity or unitrust interest

that is payable until the earlier of the

lapse of a specific number of years or

the death of an individual.

(3) Transitional rule. (i) If a decedent

dies after April 30, 1999, and if on May

1, 1999, the decedent was mentally

incompetent so that the disposition of

the decedent’s property could not be

changed, and the decedent dies without

having regained competency to dispose

of the decedent’s property or dies

within 90 days of the date on which the

decedent first regains competency, the

fair market value of annuities, life

estates, terms for years, remainders, and

reversions included in the gross estate

of the decedent is their present value

determined either under this section or

under the corresponding section

applicable at the time the decedent

became mentally incompetent, at the

option of the decedent’s executor. For

example, see § 20.2031–7A(e)(2).

(ii) If a decedent dies after April 30,

1999, and before July 1, 1999, the fair

market value of annuities, life estates,

remainders, and reversions based on

one or more measuring lives included in

the gross estate of the decedent is their

present value determined under this

section by use of the section 7520

interest rate for the month in which the

valuation date occurs (see §§ 20.7520–

1(b) and 20.7520–2(a)(2)) and the

appropriate actuarial tables under either

paragraph (d)(7) of this section or

§ 20.2031–7A(e)(4), at the option of the

decedent’s executor.

(iii) For purposes of paragraphs

(d)(3)(i) and (ii) of this section, where

the decedent’s executor is given the

option to use the appropriate actuarial

tables under either paragraph (d)(7) of

this section or § 20.2031–7A(e)(4), the

decedent’s executor must use the same

actuarial table with respect to each

individual transaction and with respect

to all transfers occurring on the

valuation date (for example, gift and

income tax charitable deductions with

respect to the same transfer must be

determined based on the same tables,

and all assets includible in the gross

estate and/or estate tax deductions

claimed must be valued based on the

same tables).

(4) Publications and actuarial

computations by the Internal Revenue

Service. Many standard actuarial factors

not included in paragraphs (d)(6) or

(d)(7) of this section are included in

Internal Revenue Service Publication

1457, ‘‘Actuarial Values, Book Aleph,’’

(7–1999). Publication 1457 also includes

examples that illustrate how to compute

many special factors for more unusual

situations. A copy of this publication is

available for purchase from the

Superintendent of Documents, United

States Government Printing Office,

Washington, DC 20402. See § 20.2031–

7A for publications containing actuarial

factors for valuing interests for which

the valuation date is before May 1, 1999.

If a special factor is required in the case

of an actual decedent, the Internal

Revenue Service may furnish the factor

to the executor upon a request for a

ruling. The request for a ruling must be

accompanied by a recitation of the facts

including a statement of the date of

birth for each measuring life, the date of

the decedent’s death, any other

applicable dates, and a copy of the will,

trust, or other relevant documents. A

request for a ruling must comply with

the instructions for requesting a ruling

published periodically in the Internal

Revenue Bulletin (see §§ 601.201 and

601.601(d)(2)(ii)(b) of this chapter) and

include payment of the required user

fee.

(5) Examples. The provisions of this

section are illustrated by the following

examples:

Example 1. Remainder payable at an

individual’s death. The decedent, or the

decedent’s estate, was entitled to receive

certain property worth $50,000 upon the

death of A, to whom the income was

bequeathed for life. At the time of the

decedent’s death, A was 47 years 5 months

old. In the month in which the decedent

died, the section 7520 rate was 9.8 percent.

Under Table S in paragraph (d)(7) of this

section, the remainder factor at 9.8 percent

for determining the present value of the

remainder interest due at the death of a

person aged 47, the number of years nearest

A’s actual age at the decedent’s death, is

.10317. The present value of the remainder

interest at the date of the decedent’s death is,

therefore, $5,158.50 ($50,000 × .10317).

Example 2. Income payable for an

individual’s life. A’s parent bequeathed an

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36931

income interest in property to A for life, with

the remainder interest passing to B at A’s

death. At the time of the parent’s death, the

value of the property was $50,000 and A was

30 years 10 months old. The section 7520

rate at the time of the parent’s death was 10.2

percent. Under Table S in paragraph (d)(7) of

this section, the remainder factor at 10.2

percent for determining the present value of

the remainder interest due at the death of a

person aged 31, the number of years closest

to A’s age at the decedent’s death, is .03583.

Converting this remainder factor to an

income factor, as described in paragraph

(d)(2)(iii) of this section, the factor for

determining the present value of an income

interest for the life of a person aged 31 is

.96417. The present value of A’s interest at

the time of the parent’s death is, therefore,

$48,208.50 ($50,000 × .96417).

Example 3. Annuity payable for an

individual’s life. A purchased an annuity for

the benefit of both A and B. Under the terms

of the annuity contract, at A’s death, a

survivor annuity of $10,000 a year payable in

equal semiannual installments made at the

end of each interval is payable to B for life.

At A’s death, B was 45 years 7 months old.

Also, at A’s death, the section 7520 rate was

9.6 percent. Under Table S in paragraph

(d)(7) of this section, the factor at 9.6 percent

for determining the present value of the

remainder interest at the death of a person

age 46 (the number of years nearest B’s actual

age) is .10013. By converting the factor to an

annuity factor, as described in paragraph

(d)(2)(iv)(A) of this section, the factor for the

present value of an annuity payable until the

death of a person age 46 is 9.3736 (1.00000

minus .10013, divided by .096). The

adjustment factor from Table K in paragraph

(d)(6) of this section at an interest rate of 9.6

percent for semiannual annuity payments

made at the end of the period is 1.0235. The

present value of the annuity at the date of A’s

death is, therefore, $95,938.80 ($10,000 ×

9.3736 × 1.0235).

Example 4. Annuity payable for a term of

years. The decedent, or the decedent’s estate,

was entitled to receive an annuity of $10,000

a year payable in equal quarterly installments

at the end of each quarter throughout a term

certain. At the time of the decedent’s death,

the section 7520 rate was 9.8 percent. A

quarterly payment had just been made prior

to the decedent’s death and payments were

to continue for 5 more years. Under Table B

in paragraph (d)(6) of this section for the

interest rate of 9.8 percent, the factor for the

present value of a remainder interest due

after a term of 5 years is .626597. Converting

the factor to an annuity factor, as described

in paragraph (d)(2)(iv)(A) of this section, the

factor for the present value of an annuity for

a term of 5 years is 3.8102. The adjustment

factor from Table K in paragraph (d)(6) of this

section at an interest rate of 9.8 percent for

quarterly annuity payments made at the end

of the period is 1.0360. The present value of

the annuity is, therefore, $39,473.67 ($10,000

× 3.8102 × 1.0360).

(6) Actuarial Table B, Table J, and

Table K where the valuation date is after

April 30, 1989. Except as provided in

§ 20.7520–3(b) (pertaining to certain

limitations on prescribed tables), for

determination of the present value of an

interest that is dependent on a term of

years, the tables in this paragraph (d)(6)

must be used in the application of the

provisions of this section when the

section 7520 interest rate component is

between 4.2 and 14 percent.

* * * * *

(7) Actuarial Table S and Table 90CM

where the valuation date is after April

30, 1999. Except as provided in

§ 20.7520–2(b) (pertaining to certain

limitations on the use of prescribed

tables), for determination of the present

value of an interest that is dependent on

the termination of a life interest, Table

90CM and Table S, single life remainder

factors applicable where the valuation

date is after April 30, 1999, contained in

this paragraph (d)(7) (or Table S and

Table 80CNSMT contained in

§ 20.2031–7A(e)(4) for valuation dates

after April 30, 1989, and before May 1,

1999) and Table J and Table K contained

in paragraph (d)(6) of this section, must

be used in the application of the

provisions of this section when the

section 7520 interest rate component is

between 4.2 and 14 percent.

TABLE S.—BASED ON LIFE TABLE 90CM SINGLE LIFE REMAINDER FACTORS APPLICABLE AFTER APRIL 30, 1999

[Interest rate]

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%

0 ....................................................................... .06752 .06130 .05586 .05109 .04691 .04322 .03998 .03711 .03458 .03233

1 ....................................................................... .06137 .05495 .04932 .04438 .04003 .03620 .03283 .02985 .02721 .02487

2 ....................................................................... .06325 .05667 .05088 .04580 .04132 .03737 .03388 .03079 .02806 .02563

3 ....................................................................... .06545 .05869 .05275 .04752 .04291 .03883 .03523 .03203 .02920 .02668

4 ....................................................................... .06784 .06092 .05482 .04944 .04469 .04048 .03676 .03346 .03052 .02791

5 ....................................................................... .07040 .06331 .05705 .05152 .04662 .04229 .03845 .03503 .03199 .02928

6 ....................................................................... .07310 .06583 .05941 .05372 .04869 .04422 .04025 .03672 .03357 .03076

7 ....................................................................... .07594 .06849 .06191 .05607 .05089 .04628 .04219 .03854 .03528 .03236

8 ....................................................................... .07891 .07129 .06453 .05853 .05321 .04846 .04424 .04046 .03709 .03407

9 ....................................................................... .08203 .07423 .06731 .06115 .05567 .05079 .04643 .04253 .03904 .03592

10 ..................................................................... .08532 .07734 .07024 .06392 .05829 .05326 .04877 .04474 .04114 .03790

11 ..................................................................... .08875 .08059 .07331 .06683 .06104 .05587 .05124 .04709 .04336 .04002

12 ..................................................................... .09233 .08398 .07653 .06989 .06394 .05862 .05385 .04957 .04572 .04226

13 ..................................................................... .09601 .08748 .07985 .07304 .06693 .06146 .05655 .05214 .04816 .04458

14 ..................................................................... .09974 .09102 .08322 .07624 .06997 .06435 .05929 .05474 .05064 .04694

15 ..................................................................... .10350 .09460 .08661 .07946 .07303 .06725 .06204 .05735 .05312 .04930

16 ..................................................................... .10728 .09818 .09001 .08268 .07608 .07014 .06479 .05996 .05559 .05164

17 ..................................................................... .11108 .10179 .09344 .08592 .07916 .07306 .06755 .06257 .05807 .05399

18 ..................................................................... .11494 .10545 .09691 .08921 .08227 .07601 .07034 .06521 .06057 .05636

19 ..................................................................... .11889 .10921 .10047 .09259 .08548 .07904 .07322 .06794 .06315 .05880

20 ..................................................................... .12298 .11310 .10417 .09610 .08881 .08220 .07622 .07078 .06584 .06135

21 ..................................................................... .12722 .11713 .10801 .09976 .09228 .08550 .07935 .07375 .06866 .06403

22 ..................................................................... .13159 .12130 .11199 .10354 .09588 .08893 .08260 .07685 .07160 .06682

23 ..................................................................... .13613 .12563 .11612 .10748 .09964 .09250 .08601 .08009 .07468 .06975

24 ..................................................................... .14084 .13014 .12043 .11160 .10357 .09625 .08958 .08349 .07793 .07284

25 ..................................................................... .14574 .13484 .12493 .11591 .10768 .10018 .09334 .08708 .08135 .07611

26 ..................................................................... .15084 .13974 .12963 .12041 .11199 .10431 .09728 .09085 .08496 .07956

27 ..................................................................... .15615 .14485 .13454 .12513 .11652 .10865 .10144 .09484 .08878 .08322

28 ..................................................................... .16166 .15016 .13965 .13004 .12124 .11319 .10580 .09901 .09279 .08706

29 ..................................................................... .16737 .15567 .14497 .13516 .12617 .11792 .11035 .10339 .09699 .09109

30 ..................................................................... .17328 .16138 .15048 .14047 .13129 .12286 .11510 .10796 .10138 .09532

31 ..................................................................... .17938 .16728 .15618 .14599 .13661 .12799 .12004 .11272 .10597 .09974

32 ..................................................................... .18568 .17339 .16210 .15171 .14214 .13333 .12520 .11769 .11076 .10435

36932 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%

33 ..................................................................... .19220 .17972 .16824 .15766 .14790 .13889 .13058 .12289 .11578 .10920

34 ..................................................................... .19894 .18627 .17460 .16383 .15388 .14468 .13618 .12831 .12102 .11426

35 ..................................................................... .20592 .19307 .18121 .17025 .16011 .15073 .14204 .13399 .12652 .11958

36 ..................................................................... .21312 .20010 .18805 .17691 .16658 .15701 .14814 .13990 .13225 .12514

37 ..................................................................... .22057 .20737 .19514 .18382 .17331 .16356 .15450 .14608 .13825 .13096

38 ..................................................................... .22827 .21490 .20251 .19100 .18031 .17038 .16113 .15253 .14452 .13705

39 ..................................................................... .23623 .22270 .21013 .19845 .18759 .17747 .16805 .15927 .15108 .14344

40 ..................................................................... .24446 .23078 .21805 .20620 .19516 .18487 .17527 .16631 .15795 .15013

41 ..................................................................... .25298 .23915 .22626 .21425 .20305 .19259 .18282 .17368 .16514 .15715

42 ..................................................................... .26178 .24782 .23478 .22262 .21125 .20062 .19069 .18138 .17267 .16450

43 ..................................................................... .27087 .25678 .24360 .23129 .21977 .20898 .19888 .18941 .18053 .17220

44 ..................................................................... .28025 .26603 .25273 .24027 .22860 .21766 .20740 .19777 .18873 .18023

45 ..................................................................... .28987 .27555 .26212 .24953 .23772 .22664 .21622 .20644 .19724 .18858

46 ..................................................................... .29976 .28533 .27179 .25908 .24714 .23591 .22536 .21542 .20606 .19725

47 ..................................................................... .30987 .29535 .28171 .26889 .25682 .24546 .23476 .22468 .21518 .20621

48 ..................................................................... .32023 .30563 .29190 .27897 .26678 .25530 .24447 .23425 .22460 .21549

49 ..................................................................... .33082 .31615 .30234 .28931 .27702 .26543 .25447 .24412 .23434 .22509

50 ..................................................................... .34166 .32694 .31306 .29995 .28756 .27586 .26479 .25432 .24441 .23502

51 ..................................................................... .35274 .33798 .32404 .31085 .29838 .28658 .27541 .26482 .25479 .24528

52 ..................................................................... .36402 .34924 .33525 .32200 .30946 .29757 .28630 .27561 .26547 .25584

53 ..................................................................... .37550 .36070 .34668 .33339 .32078 .30882 .29746 .28667 .27643 .26669

54 ..................................................................... .38717 .37237 .35833 .34500 .33234 .32031 .30888 .29801 .28766 .27782

55 ..................................................................... .39903 .38424 .37019 .35683 .34413 .33205 .32056 .30961 .29918 .28925

56 ..................................................................... .41108 .39631 .38227 .36890 .35617 .34405 .33250 .32149 .31099 .30097

57 ..................................................................... .42330 .40857 .39455 .38118 .36844 .35629 .34469 .33363 .32306 .31297

58 ..................................................................... .43566 .42098 .40699 .39364 .38089 .36873 .35710 .34600 .33538 .32522

59 ..................................................................... .44811 .43351 .41956 .40623 .39350 .38133 .36968 .35855 .34789 .33768

60 ..................................................................... .46066 .44613 .43224 .41896 .40624 .39408 .38243 .37127 .36058 .35033

61 ..................................................................... .47330 .45887 .44505 .43182 .41914 .40699 .39535 .38418 .37347 .36318

62 ..................................................................... .48608 .47175 .45802 .44485 .43223 .42011 .40848 .39732 .38660 .37629

63 ..................................................................... .49898 .48478 .47115 .45807 .44550 .43343 .42184 .41069 .39997 .38966

64 ..................................................................... .51200 .49793 .48442 .47143 .45895 .44694 .43539 .42427 .41357 .40326

65 ..................................................................... .52512 .51121 .49782 .48495 .47255 .46062 .44912 .43805 .42738 .41709

66 ..................................................................... .53835 .52461 .51137 .49862 .48634 .47449 .46307 .45206 .44143 .43118

67 ..................................................................... .55174 .53818 .52511 .51250 .50034 .48860 .47727 .46633 .45576 .44556

68 ..................................................................... .56524 .55188 .53899 .52654 .51452 .50291 .49168 .48083 .47034 .46020

69 ..................................................................... .57882 .56568 .55299 .54071 .52885 .51737 .50627 .49552 .48513 .47506

70 ..................................................................... .59242 .57951 .56703 .55495 .54325 .53193 .52096 .51034 .50004 .49007

71 ..................................................................... .60598 .59332 .58106 .56918 .55767 .54651 .53569 .52520 .51503 .50516

72 ..................................................................... .61948 .60707 .59504 .58338 .57206 .56108 .55043 .54009 .53004 .52029

73 ..................................................................... .63287 .62073 .60895 .59751 .58640 .57561 .56513 .55495 .54505 .53543

74 ..................................................................... .64621 .63435 .62282 .61162 .60073 .59015 .57985 .56984 .56009 .55061

75 ..................................................................... .65953 .64796 .63671 .62575 .61510 .60473 .59463 .58480 .57523 .56591

76 ..................................................................... .67287 .66160 .65063 .63995 .62954 .61940 .60952 .59989 .59050 .58135

77 ..................................................................... .68622 .67526 .66459 .65419 .64404 .63415 .62450 .61509 .60590 .59694

78 ..................................................................... .69954 .68892 .67856 .66845 .65858 .64895 .63955 .63036 .62140 .61264

79 ..................................................................... .71278 .70250 .69246 .68265 .67308 .66372 .65457 .64563 .63690 .62836

80 ..................................................................... .72581 .71588 .70618 .69668 .68740 .67833 .66945 .66077 .65227 .64396

81 ..................................................................... .73857 .72899 .71962 .71045 .70147 .69268 .68408 .67566 .66741 .65933

82 ..................................................................... .75101 .74178 .73274 .72389 .71522 .70672 .69840 .69024 .68225 .67441

83 ..................................................................... .76311 .75423 .74553 .73700 .72864 .72044 .71240 .70451 .69678 .68919

84 ..................................................................... .77497 .76645 .75809 .74988 .74183 .73393 .72618 .71857 .71110 .70377

85 ..................................................................... .78665 .77848 .77047 .76260 .75487 .74728 .73982 .73250 .72530 .71823

86 ..................................................................... .79805 .79025 .78258 .77504 .76764 .76036 .75320 .74617 .73925 .73245

87 ..................................................................... .80904 .80159 .79427 .78706 .77998 .77301 .76615 .75940 .75277 .74624

88 ..................................................................... .81962 .81251 .80552 .79865 .79188 .78521 .77865 .77220 .76584 .75958

89 ..................................................................... .82978 .82302 .81636 .80980 .80335 .79699 .79072 .78455 .77847 .77248

90 ..................................................................... .83952 .83309 .82676 .82052 .81437 .80831 .80234 .79645 .79064 .78492

91 ..................................................................... .84870 .84260 .83658 .83064 .82479 .81902 .81332 .80771 .80217 .79671

92 ..................................................................... .85716 .85136 .84563 .83998 .83441 .82891 .82348 .81812 .81283 .80761

93 ..................................................................... .86494 .85942 .85396 .84858 .84326 .83801 .83283 .82771 .82266 .81767

94 ..................................................................... .87216 .86690 .86170 .85657 .85149 .84648 .84153 .83664 .83181 .82704

95 ..................................................................... .87898 .87397 .86902 .86412 .85928 .85450 .84977 .84510 .84049 .83592

96 ..................................................................... .88537 .88060 .87587 .87121 .86659 .86203 .85751 .85305 .84864 .84427

97 ..................................................................... .89127 .88672 .88221 .87775 .87335 .86898 .86467 .86040 .85618 .85200

98 ..................................................................... .89680 .89245 .88815 .88389 .87968 .87551 .87138 .86730 .86326 .85926

99 ..................................................................... .90217 .89803 .89393 .88987 .88585 .88187 .87793 .87402 .87016 .86633

100 ................................................................... .90738 .90344 .89953 .89567 .89183 .88804 .88428 .88056 .87687 .87322

101 ................................................................... .91250 .90876 .90504 .90137 .89772 .89412 .89054 .88699 .88348 .88000

102 ................................................................... .91751 .91396 .91045 .90696 .90350 .90007 .89668 .89331 .88997 .88666

103 ................................................................... .92247 .91912 .91579 .91249 .90922 .90598 .90276 .89957 .89640 .89326

104 ................................................................... .92775 .92460 .92148 .91839 .91532 .91227 .90924 .90624 .90326 .90031

105 ................................................................... .93290 .92996 .92704 .92415 .92127 .91841 .91558 .91276 .90997 .90719

106 ................................................................... .93948 .93680 .93415 .93151 .92889 .92628 .92370 .92113 .91857 .91604

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36933

Age 4.2% 4.4% 4.6% 4.8% 5.0% 5.2% 5.4% 5.6% 5.8% 6.0%

107 ................................................................... .94739 .94504 .94271 .94039 .93808 .93579 .93351 .93124 .92899 .92675

108 ................................................................... .95950 .95767 .95585 .95404 .95224 .95045 .94867 .94689 .94512 .94336

109 ................................................................... .97985 .97893 .97801 .97710 .97619 .97529 .97438 .97348 .97259 .97170

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

0 ....................................................................... .03034 .02857 .02700 .02559 .02433 .02321 .02220 .02129 .02047 .01973

1 ....................................................................... .02279 .02094 .01929 .01782 .01650 .01533 .01427 .01331 .01246 .01168

2 ....................................................................... .02347 .02155 .01983 .01829 .01692 .01569 .01458 .01358 .01268 .01187

3 ....................................................................... .02444 .02243 .02065 .01905 .01761 .01632 .01516 .01412 .01317 .01232

4 ....................................................................... .02558 .02349 .02163 .01996 .01846 .01712 .01590 .01481 .01382 .01292

5 ....................................................................... .02686 .02469 .02275 .02101 .01945 .01804 .01677 .01562 .01458 .01364

6 ....................................................................... .02825 .02600 .02398 .02217 .02053 .01906 .01773 .01653 .01544 .01445

7 ....................................................................... .02976 .02742 .02532 .02343 .02172 .02019 .01880 .01754 .01640 .01536

8 ....................................................................... .03137 .02894 .02675 .02479 .02301 .02140 .01995 .01864 .01744 .01635

9 ....................................................................... .03311 .03059 .02832 .02627 .02442 .02274 .02122 .01985 .01859 .01745

10 ..................................................................... .03499 .03237 .03001 .02788 .02595 .02420 .02262 .02118 .01987 .01867

11 ..................................................................... .03700 .03428 .03183 .02961 .02760 .02578 .02413 .02262 .02125 .02000

12 ..................................................................... .03913 .03632 .03377 .03146 .02937 .02748 .02575 .02418 .02275 .02144

13 ..................................................................... .04135 .03843 .03579 .03339 .03122 .02924 .02744 .02580 .02431 .02294

14 ..................................................................... .04359 .04057 .03783 .03534 .03308 .03102 .02915 .02744 .02587 .02444

15 ..................................................................... .04584 .04270 .03986 .03728 .03493 .03279 .03083 .02905 .02742 .02593

16 ..................................................................... .04806 .04482 .04187 .03919 .03674 .03452 .03248 .03063 .02892 .02736

17 ..................................................................... .05029 .04692 .04387 .04108 .03855 .03623 .03411 .03218 .03040 .02877

18 ..................................................................... .05253 .04905 .04588 .04299 .04036 .03795 .03574 .03373 .03187 .03017

19 ..................................................................... .05484 .05124 .04796 .04496 .04222 .03972 .03742 .03532 .03339 .03161

20 ..................................................................... .05726 .05354 .05013 .04702 .04418 .04158 .03919 .03700 .03498 .03313

21 ..................................................................... .05980 .05595 .05242 .04920 .04625 .04354 .04105 .03877 .03667 .03473

22 ..................................................................... .06246 .05847 .05482 .05147 .04841 .04559 .04301 .04063 .03844 .03642

23 ..................................................................... .06524 .06112 .05734 .05387 .05069 .04777 .04508 .04260 .04032 .03821

24 ..................................................................... .06819 .06392 .06001 .05642 .05312 .05008 .04728 .04470 .04232 .04012

25 ..................................................................... .07131 .06690 .06285 .05913 .05570 .05255 .04964 .04695 .04447 .04218

26 ..................................................................... .07460 .07005 .06586 .06200 .05845 .05518 .05215 .04936 .04677 .04438

27 ..................................................................... .07810 .07340 .06907 .06508 .06140 .05800 .05485 .05195 .04925 .04676

28 ..................................................................... .08179 .07693 .07246 .06833 .06451 .06098 .05772 .05469 .05189 .04929

29 ..................................................................... .08566 .08065 .07603 .07176 .06780 .06414 .06075 .05761 .05469 .05198

30 ..................................................................... .08973 .08456 .07978 .07536 .07127 .06748 .06396 .06069 .05766 .05483

31 ..................................................................... .09398 .08865 .08372 .07915 .07491 .07098 .06733 .06394 .06078 .05785

32 ..................................................................... .09843 .09294 .08785 .08313 .07875 .07468 .07089 .06737 .06409 .06103

33 ..................................................................... .10310 .09745 .09220 .08732 .08279 .07858 .07466 .07100 .06759 .06441

34 ..................................................................... .10799 .10217 .09676 .09173 .08705 .08269 .07862 .07483 .07129 .06798

35 ..................................................................... .11314 .10715 .10157 .09638 .09155 .08704 .08283 .07890 .07522 .07179

36 ..................................................................... .11852 .11236 .10662 .10127 .09628 .09162 .08726 .08319 .07938 .07581

37 ..................................................................... .12416 .11783 .11193 .10641 .10126 .09645 .09194 .08772 .08377 .08006

38 ..................................................................... .13009 .12359 .11751 .11183 .10652 .10155 .09689 .09253 .08843 .08459

39 ..................................................................... .13629 .12962 .12338 .11753 .11206 .10693 .10212 .09761 .09337 .08938

40 ..................................................................... .14281 .13597 .12955 .12355 .11791 .11262 .10766 .10299 .09860 .09447

41 ..................................................................... .14966 .14264 .13606 .12989 .12409 .11864 .11352 .10870 .10417 .09989

42 ..................................................................... .15685 .14966 .14291 .13657 .13061 .12500 .11972 .11475 .11006 .10564

43 ..................................................................... .16437 .15702 .15010 .14360 .13747 .13171 .12627 .12115 .11631 .11174

44 ..................................................................... .17224 .16472 .15764 .15098 .14469 .13876 .13317 .12789 .12290 .11819

45 ..................................................................... .18042 .17274 .16550 .15867 .15223 .14615 .14040 .13496 .12982 .12496

46 ..................................................................... .18893 .18110 .17370 .16671 .16011 .15387 .14796 .14238 .13708 .13207

47 ..................................................................... .19775 .18975 .18220 .17505 .16830 .16190 .15584 .15010 .14466 .13950

48 ..................................................................... .20688 .19873 .19102 .18373 .17682 .17027 .16406 .15817 .15258 .14727

49 ..................................................................... .21633 .20804 .20018 .19274 .18568 .17898 .17262 .16658 .16084 .15539

50 ..................................................................... .22612 .21769 .20969 .20210 .19490 .18805 .18155 .17536 .16948 .16388

51 ..................................................................... .23625 .22769 .21955 .21182 .20448 .19749 .19084 .18452 .17849 .17275

52 ..................................................................... .24669 .23799 .22973 .22186 .21438 .20726 .20047 .19400 .18784 .18196

53 ..................................................................... .25742 .24861 .24022 .23222 .22461 .21735 .21043 .20383 .19753 .19151

54 ..................................................................... .26845 .25952 .25101 .24290 .23516 .22777 .22072 .21399 .20756 .20140

55 ..................................................................... .27978 .27074 .26212 .25389 .24604 .23853 .23136 .22450 .21793 .21166

56 ..................................................................... .29140 .28227 .27355 .26522 .25725 .24963 .24233 .23535 .22867 .22227

57 ..................................................................... .30333 .29411 .28529 .27686 .26879 .26106 .25365 .24656 .23976 .23324

58 ..................................................................... .31551 .30621 .29731 .28878 .28061 .27278 .26528 .25807 .25116 .24453

59 ..................................................................... .32790 .31854 .30956 .30095 .29269 .28477 .27716 .26986 .26284 .25610

60 ..................................................................... .34050 .33107 .32202 .31334 .30500 .29699 .28929 .28190 .27478 .26794

61 ..................................................................... .35331 .34384 .33473 .32598 .31757 .30948 .30170 .29422 .28701 .28007

62 ..................................................................... .36639 .35688 .34772 .33892 .33044 .32229 .31443 .30687 .29958 .29255

63 ..................................................................... .37974 .37020 .36101 .35216 .34363 .33542 .32750 .31986 .31250 .30539

64 ..................................................................... .39334 .38378 .37456 .36568 .35711 .34884 .34087 .33317 .32574 .31857

65 ..................................................................... .40718 .39761 .38838 .37947 .37087 .36257 .35455 .34681 .33932 .33208

66 ..................................................................... .42128 .41172 .40249 .39357 .38496 .37663 .36858 .36079 .35326 .34597

67 ..................................................................... .43569 .42616 .41694 .40803 .39941 .39107 .38299 .37518 .36761 .36028

36934 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 6.2% 6.4% 6.6% 6.8% 7.0% 7.2% 7.4% 7.6% 7.8% 8.0%

68 ..................................................................... .45038 .44089 .43170 .42281 .41419 .40585 .39777 .38994 .38235 .37499

69 ..................................................................... .46531 .45587 .44672 .43786 .42927 .42094 .41286 .40503 .39743 .39006

70 ..................................................................... .48040 .47103 .46194 .45312 .44456 .43626 .42820 .42038 .41278 .40540

71 ..................................................................... .49558 .48629 .47727 .46851 .46000 .45174 .44371 .43591 .42832 .42095

72 ..................................................................... .51082 .50162 .49268 .48399 .47554 .46733 .45934 .45157 .44401 .43666

73 ..................................................................... .52607 .51697 .50813 .49952 .49114 .48299 .47506 .46733 .45981 .45249

74 ..................................................................... .54139 .53241 .52367 .51515 .50686 .49879 .49092 .48325 .47578 .46849

75 ..................................................................... .55683 .54798 .53936 .53095 .52276 .51477 .50698 .49938 .49197 .48474

76 ..................................................................... .57243 .56373 .55524 .54696 .53888 .53100 .52330 .51579 .50846 .50130

77 ..................................................................... .58819 .57965 .57132 .56318 .55523 .54747 .53988 .53247 .52523 .51815

78 ..................................................................... .60408 .59572 .58755 .57957 .57177 .56414 .55668 .54939 .54225 .53527

79 ..................................................................... .62001 .61184 .60385 .59604 .58840 .58092 .57360 .56644 .55943 .55256

80 ..................................................................... .63582 .62786 .62007 .61244 .60497 .59765 .59048 .58347 .57659 .56985

81 ..................................................................... .65142 .64367 .63608 .62864 .62135 .61421 .60721 .60034 .59361 .58701

82 ..................................................................... .66673 .65920 .65182 .64458 .63748 .63052 .62368 .61698 .61041 .60395

83 ..................................................................... .68175 .67444 .66728 .66024 .65334 .64656 .63991 .63338 .62696 .62066

84 ..................................................................... .69657 .68950 .68256 .67574 .66904 .66246 .65599 .64964 .64340 .63727

85 ..................................................................... .71128 .70446 .69775 .69116 .68467 .67830 .67204 .66587 .65982 .65386

86 ..................................................................... .72576 .71919 .71272 .70636 .70010 .69394 .68789 .68193 .67606 .67029

87 ..................................................................... .73981 .73349 .72726 .72114 .71511 .70917 .70333 .69757 .69190 .68632

88 ..................................................................... .75342 .74735 .74137 .73548 .72968 .72396 .71833 .71279 .70732 .70194

89 ..................................................................... .76658 .76076 .75503 .74938 .74381 .73832 .73290 .72757 .72231 .71712

90 ..................................................................... .77928 .77371 .76823 .76281 .75748 .75221 .74702 .74190 .73684 .73186

91 ..................................................................... .79131 .78600 .78075 .77557 .77046 .76542 .76044 .75553 .75068 .74589

92 ..................................................................... .80246 .79737 .79235 .78740 .78250 .77767 .77290 .76818 .76353 .75893

93 ..................................................................... .81274 .80788 .80307 .79832 .79363 .78899 .78441 .77989 .77542 .77100

94 ..................................................................... .82232 .81766 .81306 .80850 .80401 .79956 .79517 .79082 .78653 .78228

95 ..................................................................... .83141 .82695 .82254 .81818 .81387 .80961 .80539 .80122 .79710 .79302

96 ..................................................................... .83996 .83569 .83147 .82729 .82316 .81907 .81503 .81103 .80707 .80315

97 ..................................................................... .84787 .84378 .83973 .83573 .83176 .82784 .82396 .82012 .81632 .81255

98 ..................................................................... .85530 .85138 .84750 .84366 .83985 .83609 .83236 .82867 .82502 .82140

99 ..................................................................... .86255 .85880 .85508 .85140 .84776 .84415 .84057 .83703 .83353 .83005

100 ................................................................... .86960 .86601 .86246 .85894 .85546 .85200 .84858 .84519 .84183 .83849

101 ................................................................... .87655 .87313 .86974 .86638 .86305 .85975 .85648 .85324 .85003 .84684

102 ................................................................... .88338 .88012 .87689 .87369 .87052 .86738 .86426 .86116 .85809 .85505

103 ................................................................... .89015 .88706 .88399 .88095 .87793 .87494 .87197 .86903 .86611 .86321

104 ................................................................... .89737 .89446 .89157 .88871 .88586 .88304 .88024 .87745 .87469 .87195

105 ................................................................... .90443 .90170 .89898 .89628 .89360 .89094 .88830 .88568 .88307 .88049

106 ................................................................... .91351 .91101 .90852 .90605 .90359 .90115 .89873 .89632 .89392 .89154

107 ................................................................... .92452 .92230 .92010 .91791 .91573 .91356 .91141 .90927 .90714 .90502

108 ................................................................... .94161 .93987 .93814 .93641 .93469 .93298 .93128 .92958 .92790 .92622

109 ................................................................... .97081 .96992 .96904 .96816 .96729 .96642 .96555 .96468 .96382 .96296

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

0 ....................................................................... .01906 .01845 .01790 .01740 .01694 .01652 .01613 .01578 .01546 .01516

1 ....................................................................... .01098 .01034 .00977 .00924 .00876 .00833 .00793 .00756 .00722 .00691

2 ....................................................................... .01113 .01046 .00986 .00930 .00880 .00834 .00791 .00753 .00717 .00684

3 ....................................................................... .01155 .01084 .01020 .00962 .00909 .00860 .00816 .00775 .00737 .00702

4 ....................................................................... .01211 .01137 .01069 .01008 .00952 .00900 .00853 .00810 .00770 .00733

5 ....................................................................... .01279 .01201 .01130 .01065 .01006 .00952 .00902 .00856 .00814 .00775

6 ....................................................................... .01356 .01274 .01199 .01131 .01068 .01011 .00959 .00910 .00865 .00824

7 ....................................................................... .01442 .01356 .01277 .01205 .01140 .01079 .01023 .00972 .00925 .00881

8 ....................................................................... .01536 .01446 .01363 .01287 .01218 .01154 .01096 .01041 .00991 .00945

9 ....................................................................... .01641 .01546 .01460 .01380 .01307 .01240 .01178 .01120 .01068 .01019

10 ..................................................................... .01758 .01659 .01567 .01484 .01407 .01336 .01270 .01210 .01154 .01103

11 ..................................................................... .01886 .01781 .01686 .01598 .01517 .01442 .01373 .01310 .01251 .01196

12 ..................................................................... .02024 .01915 .01814 .01721 .01636 .01558 .01485 .01419 .01357 .01299

13 ..................................................................... .02168 .02054 .01948 .01851 .01762 .01679 .01603 .01533 .01467 .01407

14 ..................................................................... .02313 .02193 .02083 .01981 .01887 .01801 .01721 .01646 .01578 .01514

15 ..................................................................... .02456 .02330 .02214 .02107 .02009 .01918 .01834 .01756 .01684 .01617

16 ..................................................................... .02593 .02462 .02340 .02229 .02126 .02030 .01942 .01860 .01785 .01714

17 ..................................................................... .02728 .02590 .02463 .02346 .02238 .02138 .02046 .01960 .01880 .01806

18 ..................................................................... .02861 .02717 .02584 .02462 .02348 .02243 .02146 .02056 .01972 .01894

19 ..................................................................... .02998 .02847 .02708 .02580 .02461 .02351 .02249 .02154 .02066 .01984

20 ..................................................................... .03142 .02984 .02839 .02704 .02580 .02465 .02357 .02258 .02165 .02079

21 ..................................................................... .03295 .03130 .02978 .02837 .02706 .02585 .02473 .02368 .02271 .02180

22 ..................................................................... .03455 .03283 .03124 .02976 .02839 .02712 .02594 .02484 .02382 .02286

23 ..................................................................... .03626 .03446 .03279 .03124 .02981 .02847 .02723 .02608 .02500 .02400

24 ..................................................................... .03809 .03620 .03446 .03283 .03133 .02993 .02863 .02741 .02628 .02522

25 ..................................................................... .04005 .03808 .03625 .03456 .03298 .03151 .03014 .02887 .02768 .02656

26 ..................................................................... .04216 .04010 .03819 .03641 .03476 .03322 .03178 .03044 .02919 .02802

27 ..................................................................... .04444 .04229 .04029 .03843 .03670 .03508 .03357 .03217 .03085 .02962

28 ..................................................................... .04687 .04463 .04254 .04059 .03877 .03708 .03550 .03402 .03263 .03133

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36935

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

29 ..................................................................... .04946 .04712 .04493 .04289 .04099 .03922 .03756 .03600 .03455 .03318

30 ..................................................................... .05221 .04976 .04748 .04534 .04335 .04149 .03975 .03812 .03659 .03515

31 ..................................................................... .05511 .05255 .05017 .04794 .04585 .04390 .04208 .04037 .03876 .03725

32 ..................................................................... .05818 .05551 .05302 .05069 .04851 .04647 .04455 .04276 .04107 .03948

33 ..................................................................... .06144 .05866 .05606 .05363 .05135 .04921 .04720 .04532 .04355 .04188

34 ..................................................................... .06489 .06200 .05928 .05674 .05436 .05212 .05002 .04805 .04619 .04444

35 ..................................................................... .06857 .06555 .06273 .06007 .05758 .05524 .05304 .05097 .04902 .04718

36 ..................................................................... .07246 .06932 .06638 .06361 .06101 .05856 .05626 .05409 .05205 .05012

37 ..................................................................... .07659 .07332 .07025 .06737 .06466 .06210 .05969 .05742 .05528 .05325

38 ..................................................................... .08098 .07758 .07439 .07138 .06855 .06588 .06336 .06099 .05874 .05662

39 ..................................................................... .08563 .08210 .07878 .07565 .07270 .06992 .06729 .06480 .06245 .06023

40 ..................................................................... .09059 .08692 .08347 .08021 .07714 .07423 .07149 .06889 .06643 .06411

41 ..................................................................... .09586 .09206 .08848 .08509 .08189 .07886 .07600 .07329 .07072 .06828

42 ..................................................................... .10147 .09753 .09381 .09029 .08696 .08381 .08083 .07800 .07531 .07277

43 ..................................................................... .10742 .10334 .09948 .09583 .09237 .08909 .08598 .08304 .08024 .07758

44 ..................................................................... .11373 .10950 .10551 .10172 .09813 .09472 .09148 .08841 .08549 .08272

45 ..................................................................... .12035 .11599 .11185 .10792 .10420 .10066 .09730 .09410 .09106 .08817

46 ..................................................................... .12732 .12281 .11853 .11447 .11061 .10694 .10345 .10013 .09696 .09395

47 ..................................................................... .13460 .12995 .12553 .12133 .11733 .11353 .10991 .10646 .10317 .10004

48 ..................................................................... .14223 .13743 .13287 .12853 .12439 .12046 .11671 .11313 .10972 .10646

49 ..................................................................... .15020 .14526 .14056 .13608 .13181 .12774 .12385 .12015 .11661 .11322

50 ..................................................................... .15855 .15347 .14862 .14401 .13960 .13540 .13138 .12754 .12388 .12037

51 ..................................................................... .16727 .16205 .15707 .15232 .14777 .14344 .13929 .13532 .13153 .12789

52 ..................................................................... .17634 .17098 .16587 .16097 .15630 .15183 .14755 .14345 .13953 .13577

53 ..................................................................... .18576 .18027 .17501 .16999 .16518 .16057 .15616 .15194 .14789 .14400

54 ..................................................................... .19552 .18990 .18451 .17935 .17441 .16968 .16514 .16078 .15661 .15260

55 ..................................................................... .20564 .19989 .19437 .18908 .18402 .17915 .17449 .17001 .16571 .16157

56 ..................................................................... .21613 .21025 .20461 .19919 .19400 .18901 .18422 .17962 .17519 .17093

57 ..................................................................... .22698 .22098 .21522 .20968 .20436 .19925 .19434 .18961 .18507 .18069

58 ..................................................................... .23816 .23204 .22616 .22051 .21507 .20984 .20481 .19996 .19530 .19080

59 ..................................................................... .24962 .24339 .23740 .23163 .22608 .22073 .21558 .21062 .20584 .20123

60 ..................................................................... .26136 .25502 .24892 .24304 .23738 .23192 .22666 .22158 .21669 .21196

61 ..................................................................... .27339 .26695 .26075 .25477 .24900 .24343 .23806 .23288 .22787 .22304

62 ..................................................................... .28578 .27925 .27295 .26687 .26100 .25533 .24985 .24456 .23945 .23451

63 ..................................................................... .29854 .29192 .28553 .27935 .27339 .26762 .26205 .25666 .25145 .24641

64 ..................................................................... .31164 .30494 .29846 .29221 .28615 .28030 .27463 .26915 .26384 .25870

65 ..................................................................... .32508 .31831 .31177 .30543 .29930 .29336 .28761 .28203 .27663 .27140

66 ..................................................................... .33891 .33208 .32547 .31906 .31285 .30684 .30101 .29536 .28987 .28456

67 ..................................................................... .35318 .34630 .33963 .33316 .32689 .32081 .31491 .30918 .30363 .29823

68 ..................................................................... .36785 .36093 .35422 .34770 .34138 .33524 .32928 .32349 .31787 .31240

69 ..................................................................... .38290 .37595 .36920 .36265 .35628 .35009 .34408 .33824 .33256 .32703

70 ..................................................................... .39823 .39127 .38450 .37791 .37151 .36529 .35924 .35335 .34762 .34204

71 ..................................................................... .41378 .40681 .40003 .39343 .38701 .38076 .37467 .36875 .36298 .35736

72 ..................................................................... .42950 .42253 .41575 .40914 .40271 .39644 .39034 .38438 .37858 .37293

73 ..................................................................... .44535 .43840 .43162 .42502 .41858 .41231 .40619 .40022 .39440 .38872

74 ..................................................................... .46139 .45446 .44771 .44112 .43469 .42842 .42230 .41632 .41049 .40479

75 ..................................................................... .47769 .47080 .46408 .45752 .45111 .44485 .43874 .43277 .42693 .42123

76 ..................................................................... .49430 .48747 .48079 .47427 .46790 .46167 .45558 .44963 .44380 .43811

77 ..................................................................... .51123 .50447 .49786 .49139 .48506 .47888 .47282 .46690 .46111 .45543

78 ..................................................................... .52845 .52177 .51523 .50884 .50257 .49645 .49044 .48457 .47881 .47317

79 ..................................................................... .54584 .53926 .53282 .52650 .52032 .51426 .50833 .50251 .49681 .49122

80 ..................................................................... .56325 .55678 .55044 .54423 .53813 .53216 .52630 .52056 .51492 .50939

81 ..................................................................... .58054 .57419 .56797 .56186 .55587 .54999 .54422 .53856 .53300 .52754

82 ..................................................................... .59762 .59140 .58530 .57931 .57343 .56766 .56198 .55641 .55094 .54557

83 ..................................................................... .61448 .60840 .60243 .59657 .59081 .58515 .57958 .57411 .56874 .56346

84 ..................................................................... .63124 .62531 .61949 .61376 .60813 .60259 .59715 .59179 .58652 .58134

85 ..................................................................... .64800 .64224 .63657 .63099 .62550 .62010 .61478 .60955 .60441 .59934

86 ..................................................................... .66461 .65902 .65351 .64810 .64276 .63751 .63233 .62724 .62222 .61728

87 ..................................................................... .68083 .67541 .67008 .66483 .65965 .65455 .64953 .64458 .63970 .63489

88 ..................................................................... .69663 .69140 .68624 .68116 .67615 .67121 .66634 .66154 .65680 .65213

89 ..................................................................... .71201 .70696 .70199 .69708 .69224 .68747 .68276 .67811 .67353 .66900

90 ..................................................................... .72694 .72209 .71730 .71257 .70791 .70330 .69876 .69427 .68984 .68547

91 ..................................................................... .74117 .73650 .73190 .72735 .72286 .71842 .71404 .70972 .70545 .70123

92 ..................................................................... .75439 .74991 .74548 .74110 .73678 .73251 .72829 .72412 .72000 .71593

93 ..................................................................... .76664 .76233 .75806 .75385 .74969 .74557 .74150 .73748 .73350 .72957

94 ..................................................................... .77809 .77394 .76983 .76578 .76177 .75780 .75388 .75000 .74616 .74237

95 ..................................................................... .78899 .78500 .78106 .77715 .77329 .76947 .76569 .76195 .75826 .75460

96 ..................................................................... .79928 .79544 .79165 .78790 .78418 .78050 .77686 .77326 .76970 .76617

97 ..................................................................... .80883 .80514 .80149 .79787 .79430 .79075 .78725 .78377 .78033 .77693

98 ..................................................................... .81781 .81427 .81075 .80727 .80382 .80041 .79703 .79368 .79036 .78708

99 ..................................................................... .82661 .82320 .81982 .81648 .81316 .80988 .80662 .80340 .80020 .79704

100 ................................................................... .83519 .83192 .82868 .82547 .82228 .81913 .81600 .81290 .80982 .80678

101 ................................................................... .84368 .84055 .83744 .83437 .83131 .82829 .82529 .82231 .81936 .81643

102 ................................................................... .85203 .84904 .84607 .84313 .84021 .83731 .83444 .83159 .82876 .82596

36936 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 8.2% 8.4% 8.6% 8.8% 9.0% 9.2% 9.4% 9.6% 9.8% 10.0%

103 ................................................................... .86034 .85748 .85465 .85184 .84906 .84629 .84355 .84082 .83812 .83544

104 ................................................................... .86923 .86653 .86385 .86119 .85855 .85593 .85333 .85074 .84818 .84563

105 ................................................................... .87792 .87537 .87283 .87032 .86782 .86534 .86287 .86042 .85799 .85557

106 ................................................................... .88918 .88683 .88450 .88218 .87987 .87758 .87530 .87304 .87079 .86855

107 ................................................................... .90291 .90082 .89873 .89666 .89460 .89255 .89051 .88849 .88647 .88447

108 ................................................................... .92455 .92288 .92123 .91958 .91794 .91630 .91468 .91306 .91145 .90984

109 ................................................................... .96211 .96125 .96041 .95956 .95872 .95788 .95704 .95620 .95537 .95455

Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%

0 ....................................................................... .01488 .01463 .01439 .01417 .01396 .01377 .01359 .01343 .01327 .01312

1 ....................................................................... .00662 .00636 .00612 .00589 .00568 .00548 .00530 .00513 .00497 .00482

2 ....................................................................... .00654 .00626 .00600 .00576 .00554 .00533 .00514 .00496 .00479 .00463

3 ....................................................................... .00670 .00641 .00613 .00588 .00564 .00542 .00522 .00502 .00484 .00468

4 ....................................................................... .00699 .00668 .00639 .00612 .00587 .00563 .00542 .00521 .00502 .00484

5 ....................................................................... .00739 .00706 .00675 .00646 .00620 .00595 .00571 .00550 .00529 .00510

6 ....................................................................... .00786 .00751 .00718 .00687 .00659 .00633 .00608 .00585 .00563 .00543

7 ....................................................................... .00841 .00803 .00769 .00736 .00706 .00678 .00652 .00627 .00604 .00582

8 ....................................................................... .00902 .00863 .00826 .00791 .00759 .00730 .00702 .00675 .00651 .00628

9 ....................................................................... .00973 .00931 .00892 .00856 .00822 .00790 .00760 .00733 .00706 .00682

10 ..................................................................... .01055 .01010 .00969 .00930 .00894 .00861 .00829 .00799 .00772 .00746

11 ..................................................................... .01146 .01099 .01055 .01014 .00976 .00940 .00907 .00875 .00846 .00818

12 ..................................................................... .01246 .01196 .01150 .01106 .01066 .01028 .00993 .00960 .00928 .00899

13 ..................................................................... .01351 .01298 .01249 .01204 .01161 .01121 .01084 .01049 .01016 .00985

14 ..................................................................... .01455 .01400 .01348 .01300 .01255 .01213 .01173 .01136 .01102 .01069

15 ..................................................................... .01555 .01497 .01443 .01392 .01345 .01300 .01259 .01220 .01183 .01148

16 ..................................................................... .01648 .01587 .01530 .01477 .01427 .01380 .01336 .01295 .01257 .01220

17 ..................................................................... .01737 .01673 .01612 .01556 .01504 .01455 .01408 .01365 .01324 .01286

18 ..................................................................... .01822 .01754 .01691 .01632 .01576 .01525 .01476 .01430 .01387 .01347

19 ..................................................................... .01908 .01837 .01770 .01708 .01650 .01595 .01544 .01495 .01450 .01407

20 ..................................................................... .01999 .01924 .01854 .01788 .01726 .01669 .01615 .01564 .01516 .01471

21 ..................................................................... .02096 .02017 .01943 .01874 .01809 .01748 .01691 .01637 .01586 .01539

22 ..................................................................... .02197 .02114 .02036 .01963 .01895 .01830 .01770 .01713 .01660 .01610

23 ..................................................................... .02306 .02218 .02136 .02059 .01987 .01919 .01855 .01795 .01739 .01686

24 ..................................................................... .02424 .02331 .02245 .02163 .02087 .02016 .01948 .01885 .01825 .01769

25 ..................................................................... .02552 .02455 .02364 .02278 .02197 .02122 .02051 .01984 .01920 .01861

26 ..................................................................... .02692 .02589 .02493 .02403 .02318 .02238 .02162 .02091 .02025 .01961

27 ..................................................................... .02846 .02738 .02636 .02541 .02451 .02367 .02287 .02212 .02141 .02074

28 ..................................................................... .03012 .02898 .02791 .02690 .02595 .02506 .02422 .02342 .02267 .02196

29 ..................................................................... .03190 .03070 .02957 .02851 .02751 .02656 .02567 .02483 .02404 .02329

30 ..................................................................... .03381 .03254 .03135 .03023 .02917 .02817 .02723 .02634 .02551 .02471

31 ..................................................................... .03583 .03450 .03324 .03206 .03094 .02989 .02890 .02796 .02707 .02623

32 ..................................................................... .03799 .03659 .03527 .03402 .03284 .03173 .03068 .02968 .02874 .02785

33 ..................................................................... .04031 .03883 .03744 .03612 .03488 .03371 .03260 .03155 .03055 .02961

34 ..................................................................... .04279 .04123 .03976 .03838 .03707 .03583 .03465 .03354 .03249 .03149

35 ..................................................................... .04545 .04382 .04227 .04081 .03943 .03812 .03688 .03571 .03459 .03354

36 ..................................................................... .04830 .04658 .04495 .04341 .04196 .04058 .03927 .03803 .03685 .03573

37 ..................................................................... .05134 .04953 .04782 .04620 .04467 .04321 .04183 .04052 .03928 .03809

38 ..................................................................... .05462 .05272 .05092 .04921 .04760 .04606 .04461 .04322 .04191 .04066

39 ..................................................................... .05812 .05613 .05424 .05245 .05075 .04913 .04760 .04614 .04475 .04343

40 ..................................................................... .06190 .05981 .05782 .05594 .05415 .05245 .05083 .04929 .04783 .04643

41 ..................................................................... .06597 .06378 .06170 .05972 .05784 .05605 .05435 .05272 .05118 .04970

42 ..................................................................... .07035 .06806 .06587 .06380 .06182 .05994 .05815 .05644 .05481 .05326

43 ..................................................................... .07505 .07265 .07036 .06818 .06611 .06414 .06225 .06045 .05874 .05710

44 ..................................................................... .08008 .07757 .07518 .07290 .07072 .06865 .06667 .06478 .06298 .06125

45 ..................................................................... .08542 .08279 .08029 .07791 .07563 .07346 .07138 .06940 .06750 .06569

46 ..................................................................... .09108 .08834 .08573 .08324 .08085 .07858 .07640 .07432 .07233 .07043

47 ..................................................................... .09705 .09419 .09147 .08886 .08637 .08399 .08172 .07954 .07745 .07545

48 ..................................................................... .10335 .10038 .09754 .09482 .09222 .08973 .08735 .08507 .08288 .08078

49 ..................................................................... .10999 .10690 .10394 .10111 .09840 .09581 .09332 .09093 .08864 .08644

50 ..................................................................... .11701 .11380 .11073 .10778 .10496 .10225 .09965 .09716 .09477 .09247

51 ..................................................................... .12441 .12108 .11789 .11482 .11189 .10907 .10636 .10376 .10126 .09886

52 ..................................................................... .13217 .12871 .12540 .12222 .11916 .11623 .11341 .11071 .10810 .10560

53 ..................................................................... .14028 .13670 .13327 .12997 .12680 .12375 .12082 .11801 .11529 .11268

54 ..................................................................... .14875 .14505 .14150 .13808 .13480 .13163 .12859 .12566 .12284 .12012

55 ..................................................................... .15760 .15378 .15011 .14657 .14317 .13989 .13674 .13370 .13077 .12794

56 ..................................................................... .16684 .16290 .15911 .15546 .15194 .14855 .14528 .14213 .13909 .13615

57 ..................................................................... .17648 .17242 .16851 .16474 .16111 .15760 .15422 .15096 .14781 .14477

58 ..................................................................... .18647 .18229 .17827 .17438 .17064 .16702 .16353 .16015 .15689 .15374

59 ..................................................................... .19678 .19249 .18835 .18435 .18049 .17676 .17316 .16968 .16631 .16305

60 ..................................................................... .20740 .20300 .19875 .19464 .19066 .18682 .18311 .17952 .17604 .17268

61 ..................................................................... .21837 .21385 .20949 .20527 .20119 .19724 .19341 .18971 .18613 .18266

62 ..................................................................... .22973 .22511 .22064 .21631 .21212 .20807 .20414 .20033 .19664 .19306

63 ..................................................................... .24152 .23680 .23222 .22779 .22350 .21934 .21530 .21139 .20760 .20392

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36937

Age 10.2% 10.4% 10.6% 10.8% 11.0% 11.2% 11.4% 11.6% 11.8% 12.0%

64 ..................................................................... .25372 .24890 .24422 .23969 .23529 .23103 .22690 .22289 .21899 .21521

65 ..................................................................... .26633 .26141 .25664 .25201 .24752 .24316 .23893 .23482 .23083 .22695

66 ..................................................................... .27940 .27439 .26953 .26481 .26023 .25577 .25145 .24724 .24316 .23918

67 ..................................................................... .29299 .28790 .28296 .27815 .27348 .26894 .26453 .26024 .25606 .25200

68 ..................................................................... .30709 .30193 .29691 .29202 .28728 .28265 .27816 .27378 .26952 .26537

69 ..................................................................... .32166 .31643 .31134 .30639 .30157 .29687 .29230 .28785 .28351 .27928

70 ..................................................................... .33661 .33133 .32618 .32116 .31628 .31152 .30688 .30235 .29794 .29364

71 ..................................................................... .35188 .34654 .34134 .33627 .33133 .32651 .32181 .31722 .31275 .30838

72 ..................................................................... .36742 .36204 .35679 .35168 .34668 .34181 .33706 .33241 .32788 .32345

73 ..................................................................... .38317 .37776 .37248 .36733 .36229 .35738 .35257 .34788 .34330 .33882

74 ..................................................................... .39923 .39380 .38849 .38330 .37823 .37328 .36844 .36370 .35908 .35455

75 ..................................................................... .41566 .41021 .40489 .39968 .39459 .38961 .38474 .37997 .37531 .37074

76 ..................................................................... .43254 .42709 .42176 .41655 .41144 .40645 .40156 .39677 .39208 .38749

77 ..................................................................... .44988 .44444 .43912 .43391 .42880 .42380 .41891 .41411 .40940 .40479

78 ..................................................................... .46765 .46224 .45694 .45174 .44665 .44166 .43677 .43197 .42726 .42265

79 ..................................................................... .48574 .48037 .47510 .46993 .46487 .45990 .45502 .45024 .44554 .44094

80 ..................................................................... .50397 .49865 .49343 .48830 .48327 .47834 .47349 .46873 .46406 .45947

81 ..................................................................... .52219 .51693 .51176 .50669 .50171 .49682 .49201 .48729 .48265 .47809

82 ..................................................................... .54029 .53510 .53000 .52499 .52007 .51523 .51047 .50580 .50120 .49667

83 ..................................................................... .55826 .55315 .54813 .54319 .53834 .53356 .52886 .52424 .51969 .51522

84 ..................................................................... .57624 .57123 .56629 .56144 .55666 .55195 .54732 .54277 .53828 .53386

85 ..................................................................... .59435 .58944 .58460 .57984 .57516 .57054 .56599 .56151 .55710 .55275

86 ..................................................................... .61241 .60762 .60289 .59824 .59365 .58913 .58468 .58029 .57596 .57170

87 ..................................................................... .63015 .62548 .62087 .61633 .61185 .60744 .60309 .59880 .59456 .59039

88 ..................................................................... .64753 .64299 .63851 .63409 .62973 .62543 .62118 .61700 .61287 .60879

89 ..................................................................... .66454 .66013 .65579 .65150 .64726 .64308 .63895 .63488 .63086 .62689

90 ..................................................................... .68115 .67689 .67268 .66853 .66442 .66037 .65637 .65241 .64851 .64465

91 ..................................................................... .69706 .69294 .68887 .68486 .68089 .67696 .67309 .66925 .66547 .66173

92 ..................................................................... .71190 .70792 .70399 .70011 .69627 .69247 .68872 .68501 .68134 .67771

93 ..................................................................... .72569 .72184 .71804 .71429 .71057 .70689 .70326 .69967 .69611 .69259

94 ..................................................................... .73861 .73490 .73123 .72759 .72400 .72044 .71692 .71344 .71000 .70659

95 ..................................................................... .75097 .74739 .74384 .74033 .73686 .73342 .73002 .72665 .72331 .72001

96 ..................................................................... .76267 .75922 .75579 .75240 .74905 .74572 .74243 .73917 .73595 .73275

97 ..................................................................... .77356 .77022 .76691 .76363 .76039 .75718 .75399 .75084 .74772 .74463

98 ..................................................................... .78382 .78059 .77740 .77423 .77110 .76799 .76491 .76186 .75884 .75584

99 ..................................................................... .79390 .79079 .78771 .78465 .78162 .77862 .77565 .77270 .76978 .76688

100 ................................................................... .80376 .80076 .79779 .79485 .79193 .78904 .78617 .78333 .78051 .77771

101 ................................................................... .81353 .81066 .80780 .80497 .80217 .79938 .79662 .79388 .79117 .78847

102 ................................................................... .82318 .82042 .81768 .81496 .81227 .80960 .80694 .80431 .80170 .79911

103 ................................................................... .83278 .83014 .82752 .82491 .82233 .81977 .81723 .81470 .81220 .80971

104 ................................................................... .84310 .84059 .83810 .83563 .83317 .83073 .82831 .82591 .82352 .82115

105 ................................................................... .85318 .85079 .84843 .84607 .84374 .84142 .83911 .83682 .83455 .83229

106 ................................................................... .86633 .86413 .86193 .85975 .85758 .85543 .85329 .85116 .84904 .84694

107 ................................................................... .88247 .88049 .87852 .87656 .87460 .87266 .87073 .86881 .86690 .86500

108 ................................................................... .90825 .90666 .90507 .90350 .90193 .90037 .89881 .89727 .89572 .89419

109 ................................................................... .95372 .95290 .95208 .95126 .95045 .94964 .94883 .94803 .94723 .94643

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

0 ....................................................................... .01298 .01285 .01273 .01261 .01250 .01240 .01230 .01221 .01212 .01203

1 ....................................................................... .00468 .00455 .00443 .00431 .00420 .00410 .00400 .00391 .00382 .00374

2 ....................................................................... .00448 .00435 .00421 .00409 .00398 .00387 .00376 .00366 .00357 .00348

3 ....................................................................... .00452 .00437 .00423 .00410 .00398 .00386 .00375 .00365 .00355 .00345

4 ....................................................................... .00468 .00452 .00437 .00423 .00410 .00397 .00386 .00375 .00364 .00354

5 ....................................................................... .00493 .00476 .00460 .00445 .00431 .00418 .00405 .00393 .00382 .00371

6 ....................................................................... .00524 .00506 .00489 .00473 .00458 .00444 .00430 .00418 .00406 .00394

7 ....................................................................... .00562 .00543 .00525 .00508 .00492 .00477 .00462 .00449 .00436 .00423

8 ....................................................................... .00606 .00586 .00566 .00548 .00531 .00515 .00499 .00485 .00471 .00458

9 ....................................................................... .00659 .00637 .00616 .00597 .00579 .00561 .00545 .00529 .00514 .00500

10 ..................................................................... .00721 .00698 .00676 .00655 .00636 .00617 .00600 .00583 .00567 .00552

11 ..................................................................... .00792 .00767 .00744 .00722 .00701 .00682 .00663 .00645 .00628 .00612

12 ..................................................................... .00871 .00845 .00821 .00797 .00775 .00754 .00735 .00716 .00698 .00681

13 ..................................................................... .00955 .00928 .00902 .00877 .00854 .00831 .00810 .00790 .00771 .00753

14 ..................................................................... .01038 .01009 .00981 .00955 .00930 .00907 .00885 .00864 .00843 .00824

15 ..................................................................... .01116 .01085 .01056 .01028 .01002 .00977 .00954 .00932 .00910 .00890

16 ..................................................................... .01186 .01153 .01123 .01094 .01066 .01040 .01015 .00992 .00969 .00948

17 ..................................................................... .01250 .01215 .01183 .01152 .01124 .01096 .01070 .01045 .01022 .00999

18 ..................................................................... .01308 .01272 .01238 .01206 .01175 .01147 .01119 .01093 .01068 .01044

19 ..................................................................... .01367 .01329 .01293 .01259 .01227 .01196 .01167 .01140 .01113 .01088

20 ..................................................................... .01428 .01388 .01350 .01314 .01280 .01248 .01217 .01188 .01161 .01134

21 ..................................................................... .01494 .01451 .01411 .01373 .01337 .01303 .01271 .01240 .01211 .01183

22 ..................................................................... .01562 .01517 .01475 .01435 .01397 .01361 .01326 .01294 .01263 .01233

23 ..................................................................... .01635 .01588 .01543 .01501 .01460 .01422 .01386 .01351 .01319 .01287

24 ..................................................................... .01716 .01665 .01618 .01573 .01530 .01489 .01451 .01415 .01380 .01347

36938 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

25 ..................................................................... .01804 .01751 .01701 .01653 .01608 .01565 .01524 .01485 .01448 .01413

26 ..................................................................... .01902 .01845 .01792 .01741 .01693 .01648 .01604 .01563 .01524 .01487

27 ..................................................................... .02011 .01951 .01895 .01841 .01790 .01742 .01696 .01652 .01610 .01571

28 ..................................................................... .02129 .02066 .02006 .01949 .01895 .01844 .01795 .01748 .01704 .01662

29 ..................................................................... .02258 .02191 .02127 .02067 .02009 .01955 .01903 .01853 .01806 .01762

30 ..................................................................... .02396 .02325 .02257 .02193 .02132 .02074 .02019 .01966 .01916 .01869

31 ..................................................................... .02543 .02467 .02396 .02328 .02263 .02201 .02143 .02087 .02034 .01983

32 ..................................................................... .02701 .02621 .02545 .02472 .02404 .02338 .02276 .02217 .02160 .02106

33 ..................................................................... .02871 .02786 .02706 .02629 .02556 .02487 .02420 .02357 .02297 .02240

34 ..................................................................... .03054 .02964 .02879 .02797 .02720 .02646 .02576 .02509 .02445 .02383

35 ..................................................................... .03253 .03158 .03067 .02981 .02898 .02820 .02745 .02674 .02606 .02541

36 ..................................................................... .03467 .03366 .03269 .03178 .03090 .03007 .02928 .02852 .02779 .02710

37 ..................................................................... .03697 .03590 .03488 .03391 .03298 .03209 .03125 .03044 .02967 .02893

38 ..................................................................... .03947 .03833 .03725 .03622 .03524 .03430 .03340 .03254 .03172 .03094

39 ..................................................................... .04217 .04096 .03982 .03873 .03768 .03669 .03573 .03482 .03395 .03312

40 ..................................................................... .04510 .04383 .04262 .04146 .04035 .03930 .03828 .03732 .03639 .03550

41 ..................................................................... .04830 .04695 .04567 .04445 .04327 .04215 .04108 .04005 .03907 .03812

42 ..................................................................... .05177 .05035 .04900 .04770 .04646 .04527 .04413 .04304 .04200 .04100

43 ..................................................................... .05553 .05404 .05261 .05123 .04992 .04866 .04746 .04630 .04520 .04413

44 ..................................................................... .05960 .05802 .05651 .05506 .05368 .05235 .05107 .04985 .04867 .04754

45 ..................................................................... .06395 .06229 .06069 .05917 .05770 .05630 .05495 .05365 .05241 .05121

46 ..................................................................... .06860 .06685 .06517 .06356 .06202 .06053 .05911 .05774 .05643 .05516

47 ..................................................................... .07353 .07169 .06992 .06823 .06660 .06504 .06353 .06209 .06070 .05936

48 ..................................................................... .07877 .07684 .07498 .07320 .07149 .06984 .06826 .06673 .06527 .06385

49 ..................................................................... .08433 .08231 .08036 .07849 .07669 .07495 .07329 .07168 .07013 .06864

50 ..................................................................... .09026 .08814 .08609 .08413 .08224 .08042 .07867 .07698 .07535 .07378

51 ..................................................................... .09655 .09433 .09219 .09013 .08815 .08624 .08440 .08262 .08091 .07926

52 ..................................................................... .10318 .10086 .09863 .09647 .09439 .09239 .09046 .08860 .08680 .08506

53 ..................................................................... .11017 .10774 .10541 .10315 .10098 .09888 .09686 .09491 .09302 .09120

54 ..................................................................... .11750 .11498 .11254 .11019 .10792 .10572 .10361 .10156 .09958 .09767

55 ..................................................................... .12522 .12258 .12005 .11759 .11522 .11294 .11072 .10859 .10652 .10451

56 ..................................................................... .13332 .13059 .12794 .12539 .12292 .12054 .11823 .11599 .11383 .11174

57 ..................................................................... .14183 .13899 .13624 .13359 .13102 .12853 .12613 .12380 .12154 .11936

58 ..................................................................... .15070 .14775 .14490 .14215 .13948 .13689 .13439 .13197 .12962 .12734

59 ..................................................................... .15990 .15685 .15389 .15103 .14826 .14558 .14298 .14046 .13801 .13564

60 ..................................................................... .16942 .16626 .16321 .16024 .15737 .15459 .15189 .14927 .14673 .14426

61 ..................................................................... .17929 .17603 .17287 .16981 .16684 .16395 .16115 .15844 .15580 .15324

62 ..................................................................... .18960 .18623 .18297 .17980 .17673 .17375 .17085 .16803 .16530 .16264

63 ..................................................................... .20035 .19688 .19352 .19025 .18708 .18400 .18100 .17809 .17525 .17250

64 ..................................................................... .21154 .20797 .20451 .20114 .19787 .19469 .19159 .18859 .18566 .18281

65 ..................................................................... .22318 .21951 .21595 .21249 .20912 .20584 .20265 .19955 .19652 .19358

66 ..................................................................... .23532 .23156 .22790 .22434 .22088 .21751 .21422 .21102 .20791 .20487

67 ..................................................................... .24804 .24419 .24044 .23679 .23324 .22977 .22640 .22311 .21990 .21678

68 ..................................................................... .26133 .25740 .25356 .24983 .24618 .24263 .23917 .23579 .23250 .22929

69 ..................................................................... .27516 .27114 .26723 .26341 .25969 .25605 .25251 .24905 .24567 .24237

70 ..................................................................... .28945 .28536 .28137 .27747 .27367 .26996 .26633 .26279 .25934 .25596

71 ..................................................................... .30412 .29996 .29590 .29193 .28806 .28427 .28057 .27696 .27343 .26998

72 ..................................................................... .31913 .31491 .31078 .30675 .30281 .29895 .29519 .29150 .28790 .28438

73 ..................................................................... .33444 .33016 .32597 .32188 .31788 .31396 .31013 .30638 .30271 .29913

74 ..................................................................... .35012 .34579 .34155 .33741 .33335 .32938 .32549 .32168 .31795 .31430

75 ..................................................................... .36628 .36190 .35762 .35343 .34932 .34530 .34136 .33750 .33372 .33001

76 ..................................................................... .38299 .37858 .37427 .37004 .36589 .36183 .35784 .35394 .35011 .34636

77 ..................................................................... .40028 .39585 .39151 .38725 .38307 .37898 .37496 .37103 .36716 .36337

78 ..................................................................... .41812 .41368 .40933 .40506 .40086 .39675 .39271 .38874 .38485 .38103

79 ..................................................................... .43641 .43198 .42762 .42334 .41914 .41502 .41096 .40698 .40308 .39924

80 ..................................................................... .45496 .45054 .44619 .44192 .43772 .43360 .42954 .42556 .42164 .41779

81 ..................................................................... .47360 .46920 .46487 .46061 .45643 .45231 .44827 .44429 .44038 .43653

82 ..................................................................... .49223 .48785 .48355 .47932 .47516 .47106 .46703 .46307 .45916 .45532

83 ..................................................................... .51081 .50648 .50221 .49802 .49388 .48982 .48581 .48187 .47799 .47416

84 ..................................................................... .52951 .52523 .52101 .51686 .51277 .50874 .50477 .50086 .49701 .49321

85 ..................................................................... .54847 .54425 .54009 .53600 .53196 .52798 .52406 .52019 .51638 .51262

86 ..................................................................... .56749 .56335 .55926 .55523 .55126 .54734 .54348 .53966 .53591 .53220

87 ..................................................................... .58627 .58221 .57820 .57425 .57035 .56650 .56270 .55895 .55526 .55161

88 ..................................................................... .60477 .60079 .59688 .59301 .58919 .58542 .58170 .57802 .57439 .57081

89 ..................................................................... .62297 .61909 .61527 .61149 .60776 .60408 .60044 .59685 .59330 .58979

90 ..................................................................... .64084 .63707 .63335 .62968 .62604 .62246 .61891 .61540 .61194 .60851

91 ..................................................................... .65803 .65437 .65076 .64719 .64366 .64017 .63672 .63330 .62993 .62659

92 ..................................................................... .67412 .67058 .66707 .66360 .66017 .65678 .65342 .65010 .64682 .64357

93 ..................................................................... .68911 .68567 .68227 .67890 .67557 .67227 .66901 .66578 .66258 .65942

94 ..................................................................... .70321 .69988 .69657 .69330 .69006 .68686 .68369 .68055 .67744 .67437

95 ..................................................................... .71674 .71351 .71031 .70713 .70399 .70088 .69781 .69476 .69174 .68875

96 ..................................................................... .72959 .72646 .72335 .72028 .71724 .71422 .71123 .70828 .70534 .70244

97 ..................................................................... .74156 .73853 .73552 .73254 .72959 .72666 .72376 .72089 .71804 .71522

98 ..................................................................... .75287 .74993 .74702 .74413 .74126 .73842 .73561 .73282 .73006 .72732

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36939

Age 12.2% 12.4% 12.6% 12.8% 13.0% 13.2% 13.4% 13.6% 13.8% 14.0%

99 ..................................................................... .76401 .76117 .75834 .75555 .75277 .75002 .74730 .74459 .74191 .73926

100 ................................................................... .77494 .77219 .76946 .76676 .76408 .76142 .75878 .75616 .75357 .75099

101 ................................................................... .78580 .78315 .78052 .77791 .77532 .77275 .77021 .76768 .76517 .76268

102 ................................................................... .79654 .79399 .79146 .78894 .78645 .78397 .78152 .77908 .77666 .77426

103 ................................................................... .80724 .80479 .80236 .79994 .79755 .79517 .79280 .79046 .78813 .78582

104 ................................................................... .81879 .81646 .81413 .81183 .80954 .80726 .80501 .80276 .80054 .79832

105 ................................................................... .83005 .82782 .82560 .82340 .82121 .81904 .81688 .81474 .81260 .81049

106 ................................................................... .84485 .84277 .84071 .83866 .83662 .83459 .83257 .83057 .82857 .82659

107 ................................................................... .86311 .86124 .85937 .85751 .85566 .85382 .85199 .85017 .84835 .84655

108 ................................................................... .89266 .89114 .88963 .88812 .88662 .88513 .88364 .88216 .88068 .87922

109 ................................................................... .94563 .94484 .94405 .94326 .94248 .94170 .94092 .94014 .93937 .93860

TABLE 90CM.—LIFE TABLE APPLICABLE AFTER APRIL 30, 1999

Age x l(x) Age x l(x) Age x l(x)

(1) (2) (1) (2) (1) (2)

0 .................................................... 100000 37 .................................................. 95969 74 .................................................. 62852

1 .................................................... 99064 38 .................................................. 95780 75 .................................................. 60449

2 .................................................... 98992 39 .................................................. 95581 76 .................................................. 57955

3 .................................................... 98944 40 .................................................. 95373 77 .................................................. 55373

4 .................................................... 98907 41 .................................................. 95156 78 .................................................. 52704

5 .................................................... 98877 42 .................................................. 94928 79 .................................................. 49943

6 .................................................... 98850 43 .................................................. 94687 80 .................................................. 47084

7 .................................................... 98826 44 .................................................. 94431 81 .................................................. 44129

8 .................................................... 98803 45 .................................................. 94154 82 .................................................. 41091

9 .................................................... 98783 46 .................................................. 93855 83 .................................................. 37994

10 .................................................. 98766 47 .................................................. 93528 84 .................................................. 34876

11 .................................................. 98750 48 .................................................. 93173 85 .................................................. 31770

12 .................................................. 98734 49 .................................................. 92787 86 .................................................. 28687

13 .................................................. 98713 50 .................................................. 92370 87 .................................................. 25638

14 .................................................. 98681 51 .................................................. 91918 88 .................................................. 22658

15 .................................................. 98635 52 .................................................. 91424 89 .................................................. 19783

16 .................................................. 98573 53 .................................................. 90885 90 .................................................. 17046

17 .................................................. 98497 54 .................................................. 90297 91 .................................................. 14466

18 .................................................. 98409 55 .................................................. 89658 92 .................................................. 12066

19 .................................................. 98314 56 .................................................. 88965 93 .................................................. 9884

20 .................................................. 98215 57 .................................................. 88214 94 .................................................. 7951

21 .................................................. 98113 58 .................................................. 87397 95 .................................................. 6282

22 .................................................. 98006 59 .................................................. 86506 96 .................................................. 4868

23 .................................................. 97896 60 .................................................. 85537 97 .................................................. 3694

24 .................................................. 97784 61 .................................................. 84490 98 .................................................. 2745

25 .................................................. 97671 62 .................................................. 83368 99 .................................................. 1999

26 .................................................. 97556 63 .................................................. 82169 100 ................................................ 1424

27 .................................................. 97441 64 .................................................. 80887 101 ................................................ 991

28 .................................................. 97322 65 .................................................. 79519 102 ................................................ 672

29 .................................................. 97199 66 .................................................. 78066 103 ................................................ 443

30 .................................................. 97070 67 .................................................. 76531 104 ................................................ 284

31 .................................................. 96934 68 .................................................. 74907 105 ................................................ 175

32 .................................................. 96791 69 .................................................. 73186 106 ................................................ 105

33 .................................................. 96642 70 .................................................. 71357 107 ................................................ 60

34 .................................................. 96485 71 .................................................. 69411 108 ................................................ 33

35 .................................................. 96322 72 .................................................. 67344 109 ................................................ 17

36 .................................................. 96150 73 .................................................. 65154 110 ................................................ 0

(e) Effective dates. This section

applies after April 30, 1999.

§ 20.2031–7T [Removed]

Par. 13a. Section 20.2031–7T is

removed.

Par. 14. Section 20.7520–1 is

amended by revising paragraphs (a)(2),

(b)(2), (c)(1), (c)(2) and (d) to read as

follows:

§ 20.7520–1 Valuation of annuities,

unitrust interests, interests for life or term

of years, and remainder or reversionary

interests.

(a) * * *

(2) In the case of a transfer to a pooled

income fund with a valuation date after

April 30, 1999, see § 1.642(c)–6(e) (or,

for certain prior periods, § 1.642(c)–6A

of this chapter) of this chapter with

respect to the valuation of the remainder

interest.

* * * * *

(b) * * *

(2) Mortality component. The

mortality component reflects the

mortality data most recently available

from the United States Census. As new

mortality data becomes available after

each decennial census, the mortality

component described in this section

will be revised periodically and the

mortality component tables will be

published in the regulations at that

time. For decedents’ estates with

valuation dates after April 30, 1999, the

mortality component table (Table 90CM)

36940 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

is included in § 20.2031–7(d)(7). See

§ 20.2031–7A for mortality component

tables applicable to decedent’s estates

with valuation dates before May 1, 1999.

(c) * * *

(1) Regulation sections containing

tables with interest rates between 4.2

and 14 percent for valuation dates after

April 30, 1999. Section 1.642(c)–6(e)(6)

of this chapter contains Table S used for

determining the present value of a

single life remainder interest in a pooled

income fund as defined in § 1.642(c)–5

of this chapter. See § 1.642(c)–6A of this

chapter for single life remainder factors

applicable to valuation dates before May

1, 1999. Section 1.664–4(e)(6) of this

chapter contains Table F (payout

factors) and Table D (actuarial factors

used in determining the present value of

a remainder interest postponed for a

term of years). Section 1.664–4(e)(7) of

this chapter contains Table U(1)

(unitrust single life remainder factors).

These tables are used in determining the

present value of a remainder interest in

a charitable remainder unitrust as

defined in § 1.664–3 of this chapter. See

§ 1.664–4A of this chapter for unitrust

single life remainder factors applicable

to valuation dates before May 1, 1999.

Section 20.2031–(d)(6) contains Table B

(actuarial factors used in determining

the present value of an interest for a

term of years), Table K (annuity end-ofinterval adjustment factors), and Table J

(term certain annuity beginning-ofinterval adjustment factors). Section

20.2031–7(d)(7) contains Table S (single

life remainder factors) and Table 90CM

(mortality components). These tables are

used in determining the present value of

annuities, life estates, remainders, and

reversions. See § 20.2031–7A for single

life remainder factors and mortality

components applicable to valuation

dates before May 1, 1999.

(2) Internal Revenue Service

publications containing tables with

interest rates between 2.2 and 22

percent for valuation dates after April

30, 1999. The following documents are

available for purchase from the

Superintendent of Documents, United

States Government Printing Office,

Washington, DC 20402:

(i) Internal Revenue Service

Publication 1457, ‘‘Actuarial Values,

Book Aleph,’’ (7–1999). This

publication includes tables of valuation

factors, as well as examples that show

how to compute other valuation factors,

for determining the present value of

annuities, life estates, terms of years,

remainders, and reversions, measured

by one or two lives. These factors may

also be used in the valuation of interests

in a charitable remainder annuity trust

as defined in § 1.664–2 of this chapter

and a pooled income fund as defined in

§ 1.642(c)–5 of this chapter. See

§ 20.2031–7A for publications

containing tables for valuation dates

before May 1, 1999.

(ii) Internal Revenue Service

Publication 1458, ‘‘Actuarial Values,

Book Beth,’’ (7–1999). This publication

includes term certain tables and tables

of one and two life valuation factors for

determining the present value of

remainder interests in a charitable

remainder unitrust as defined in

§ 1.664–3 of this chapter. See § 1.664–

4A of this chapter for publications

containing tables for valuation dates

before May 1, 1999.

(iii) Internal Revenue Service

Publication 1459, ‘‘Actuarial Values,

Book Gimel,’’ (7–1999). This publication

includes tables for computing

depreciation adjustment factors. See

§ 1.170A–12 of this chapter.

(d) Effective date. This section applies

after April 30, 1989.

§ 20.7520–1T [Removed]

Par. 15. Section 20.7520–1T is

removed.

PART 25—GIFT TAX; GIFTS MADE

AFTER DECEMBER 31, 1954

Par. 16. The authority citation for part

25 is amended by removing the entries

for Sections 25–2512–5T and 25.7520–

1T to read in part as follows:

Authority: 26 U.S.C. 7805 * * *

§ 25.2512–0 [Amended]

Par. 17. Section 25.2512–0 is

amended by removing the entry for

§ 25.2512–5T from the contents listing.

Par. 18. Section 25.2512–5 is

amended by revising paragraphs (c), (d)

and (e) to read as follows:

§ 25.2512–5 Valuation of annuities,

unitrust interests, interests for life or term

of years, and remainder or reversionary

interests.

* * * * *

(c) Actuarial valuations. The present

value of annuities, unitrust interests, life

estates, terms of years, remainders, and

reversions transferred by gift after April

30, 1999, is determined under paragraph

(d) of this section. The present value of

annuities, unitrust interests, life estates,

terms of years, remainders, and

reversions transferred by gift before May

1, 1999, is determined under the

following sections:

Transfers Applicable

regulations After Before

01–01–52 25.2512–5A(a)

12–31–51 ....... 01–01–71 25.2512–5A(b)

Transfers Applicable

regulations After Before

12–31–70 ....... 12–01–83 25.2512–5A(c)

11–30–83 ....... 05–01–89 25.2512–5A(d)

04–30–89 ....... 05–01–99 25.2512–5A(e)

(d) Actuarial valuations after April

30, 1999—(1) In general. Except as

otherwise provided in paragraph (b) of

this section and § 25.7520–3(b) (relating

to exceptions to the use of prescribed

tables under certain circumstances), if

the valuation date for the gift is after

April 30, 1999, the fair market value of

annuities, life estates, terms of years,

remainders, and reversions transferred

after April 30, 1999, is the present value

of such interests determined under

paragraph (d)(2) of this section and by

use of standard or special section 7520

actuarial factors. These factors are

derived by using the appropriate section

7520 interest rate and, if applicable, the

mortality component for the valuation

date of the interest that is being valued.

See §§ 25.7520–1 through 25.7520–4.

The fair market value of a qualified

annuity interest described in section

2702(b)(1) and a qualified unitrust

interest described in section 2702(b)(2)

is the present value of such interests

determined under § 25.7520–1(c).

(2) Specific interests. When the donor

transfers property in trust or otherwise

and retains an interest therein,

generally, the value of the gift is the

value of the property transferred less the

value of the donor’s retained interest.

However, if the donor transfers property

after October 8, 1990, to or for the

benefit of a member of the donor’s

family, the value of the gift is the value

of the property transferred less the value

of the donor’s retained interest as

determined under section 2702. If the

donor assigns or relinquishes an

annuity, life estate, remainder, or

reversion that the donor holds by virtue

of a transfer previously made by the

donor or another, the value of the gift

is the value of the interest transferred.

However, see section 2519 for a special

rule in the case of the assignment of an

income interest by a person who

received the interest from a spouse.

(i) Charitable remainder trusts. The

fair market value of a remainder interest

in a pooled income fund, as defined in

§ 1.642(c)–5 of this chapter, is its value

determined under § 1.642(c)–6(e) of this

chapter (see § 1.642(c)–6A for certain

prior periods). The fair market value of

a remainder interest in a charitable

remainder annuity trust, as described in

§ 1.664–2(a) of this chapter, is its

present value determined under

§ 1.664–2(c) of this chapter. The fair

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36941

market value of a remainder interest in

a charitable remainder unitrust, as

defined in § 1.664–3 of this chapter, is

its present value determined under

§ 1.664–4(e) of this chapter. The fair

market value of a life interest or term for

years in a charitable remainder unitrust

is the fair market value of the property

as of the date of transfer less the fair

market value of the remainder interest,

determined under § 1.664–4(e)(4) and

(5) of this chapter.

(ii) Ordinary remainder and

reversionary interests. If the interest to

be valued is to take effect after a definite

number of years or after the death of one

individual, the present value of the

interest is computed by multiplying the

value of the property by the appropriate

remainder interest actuarial factor (that

corresponds to the applicable section

7520 interest rate and remainder interest

period) in Table B (for a term certain) or

the appropriate Table S (for one

measuring life), as the case may be.

Table B is contained in § 20.2031–

7(d)(6) of this chapter and Table S (for

one measuring life when the valuation

date is after April 30, 1999) is included

in § 20.2031–7(d)(7) of this chapter and

Internal Revenue Service Publication

1457. See § 20.2031–7A(e)(4) of this

chapter containing Table S and Life

Table 80CNSMT for valuation of

interests after April 30, 1989, and before

May 1, 1999. For information about

obtaining actuarial factors for other

types of remainder interests, see

paragraph (d)(4) of this section.

(iii) Ordinary term-of-years and life

interests. If the interest to be valued is

the right of a person to receive the

income of certain property, or to use

certain nonincome-producing property,

for a term of years or for the life of one

individual, the present value of the

interest is computed by multiplying the

value of the property by the appropriate

term-of-years or life interest actuarial

factor (that corresponds to the

applicable section 7520 interest rate and

term-of-years or life interest period).

Internal Revenue Service Publication

1457 includes actuarial factors for an

interest for a term of years in Table B

and for the life of one individual in

Table S (for one measuring life when the

valuation date is after April 30, 1999).

However, term-of-years and life interest

actuarial factors are not included in

Table B in § 20.2031–7(d)(6) or Table S

in § 20.2031–7(d)(7) (or in § 20.2031–

7A(e)(4)) of this chapter. If Internal

Revenue Service Publication 1457 (or

any other reliable source of term-ofyears and life interest actuarial factors)

is not conveniently available, an

actuarial factor for the interest may be

derived mathematically. This actuarial

factor may be derived by subtracting the

correlative remainder factor (that

corresponds to the applicable section

7520 interest rate) in Table B (for a term

of years) in § 20.2031–7(d)(6) of this

chapter or in Table S (for the life of one

individual) in § 20.2031–7(d)(7) of this

chapter, as the case may be, from

1.000000. For information about

obtaining actuarial factors for other

types of term-of-years and life interests,

see paragraph (d)(4) of this section.

(iv) Annuities. (A) If the interest to be

valued is the right of a person to receive

an annuity that is payable at the end of

each year for a term of years or for the

life of one individual, the present value

of the interest is computed by

multiplying the aggregate amount

payable annually by the appropriate

annuity actuarial factor (that

corresponds to the applicable section

7520 interest rate and annuity period).

Internal Revenue Service Publication

1457 includes actuarial factors in Table

B (for an annuity payable for a term of

years) and in Table S (for an annuity

payable for the life of one individual

when the valuation date is after April

30, 1999). However, annuity actuarial

factors are not included in Table B in

§ 20.2031–7(d)(6) of this chapter or

Table S in § 20.2031–7(d)(7) (or in

§ 20.2031–7A(e)(4)) of this chapter. If

Internal Revenue Service Publication

1457 (or any other reliable source of

annuity actuarial factors) is not

conveniently available, an annuity

factor for a term of years or for one life

may be derived mathematically. This

annuity factor may be derived by

subtracting the applicable remainder

factor (that corresponds to the

applicable section 7520 interest rate and

annuity period) in Table B (in the case

of a term-of-years annuity) in § 20.2031–

7(d)(6) of this chapter or in Table S (in

the case of a one-life annuity) in

§ 20.2031–7(d)(7) of this chapter, as the

case may be, from 1.000000 and then

dividing the result by the applicable

section 7520 interest rate expressed as a

decimal number. See § 20.2031–

7(d)(2)(iv) of this chapter for an example

that illustrates the computation of the

present value of an annuity.

(B) If the annuity is payable at the end

of semiannual, quarterly, monthly, or

weekly periods, the product obtained by

multiplying the annuity factor by the

aggregate amount payable annually is

then multiplied by the applicable

adjustment factor set forth in Table K in

§ 20.2031–7(d)(6) of this chapter at the

appropriate interest rate component for

payments made at the end of the

specified periods. The provisions of this

paragraph (d)(2)(iv)(B) are illustrated by

the following example:

Example. In July, the donor agreed to pay

the annuitant the sum of $10,000 per year,

payable in equal semiannual installments at

the end of each period. The semiannual

installments are to be made on each

December 31st and June 30th. The annuity is

payable until the annuitant’s death. On the

date of the agreement, the annuitant is 68

years and 5 months old. The donee

annuitant’s age is treated as 68 for purposes

of computing the present value of the

annuity. The section 7520 rate on the date of

the agreement is 10.6 percent. Under Table

S in § 20.2031–7(d)(7) of this chapter, the

factor at 10.6 percent for determining the

present value of a remainder interest payable

at the death of an individual aged 68 is

.29691. Converting the remainder factor to an

annuity factor, as described above, the

annuity factor for determining the present

value of an annuity transferred to an

individual age 68 is 6.6329 (1.00000 minus

.29691 divided by .106). The adjustment

factor from Table K in § 20.2031–7(d)(6) of

this chapter in the column for payments

made at the end of each semiannual period

at the rate of 10.6 percent is 1.0258. The

aggregate annual amount of the annuity,

$10,000, is multiplied by the factor 6.6329

and the product multiplied by 1.0258. The

present value of the donee’s annuity is,

therefore, $68,040.29 ($10,000 × 6.6329 ×

1.0258).

(C) If an annuity is payable at the

beginning of annual, semiannual,

quarterly, monthly, or weekly periods

for a term of years, the value of the

annuity is computed by multiplying the

aggregate amount payable annually by

the annuity factor described in

paragraph (d)(2)(iv)(A) of this section;

and the product so obtained is then

multiplied by the adjustment factor in

Table J in § 20.2031–7(d)(6) of this

chapter at the appropriate interest rate

component for payments made at the

beginning of specified periods. If an

annuity is payable at the beginning of

annual, semiannual, quarterly, monthly,

or weekly periods for one or more lives,

the value of the annuity is the sum of

the first payment plus the present value

of a similar annuity, the first payment

of which is not to be made until the end

of the payment period, determined as

provided in paragraph (d)(2)(iv)(B) of

this section.

(v) Annuity and unitrust interests for

a term of years or until the prior death

of an individual—(A) Annuity interests.

The present value of an annuity interest

that is payable until the earlier to occur

of the lapse of a specific number of

years or the death of an individual may

be computed with values from the tables

in § 20.2031–7(d)(6) and (d)(7) of this

chapter as described in the following

example:

Example. The donor transfers $100,000

into a trust and retains the right to receive

an annuity from the trust in the amount of

36942 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

$6,000 per year, payable in equal semiannual

installments at the end of each period. The

semiannual installments are to be made on

each June 30th and December 31st. The

annuity is payable for 10 years or until the

donor’s prior death. At the time of the

transfer, the donor is 59 years and 6 months

old. The donor’s age is taken as 60 for

purposes of computing the present value of

the retained annuity. The section 7520 rate

for the month in which the transfer occurred

is 9.8 percent. The present value of the

donor’s retained interest is $35,709.13,

determined as follows:

TABLE S value at 9.8 percent,

age 60 ........................................ .21669

TABLE S value at 9.8 percent,

age 70 ........................................ .34762

TABLE 90CM value at age 70 ..... .71357

TABLE 90CM value at age 60 ..... .85537

TABLE B value at 9.8 percent,

10 years .................................... .392624

TABLE K value at 9.8 percent .... 1.0239

Factor for donor’s retained interest at 9.8

percent:

( . . ) (. ( / ) ( . . ))

. . 1 00000 21669 392624 71357 85537 1 00000 34762098

5 8126 −− × × − = Fc

Present value of donor’s retained interest:

($6,000 × 5.8126 × 1.0239)...$35,709.13

(B) Unitrust interests. The present

value of a unitrust interest that is

payable until the earlier to occur of the

lapse of a specific number of years or

the death of an individual may be

computed with values from the tables in

§§ 1.664–4(e)(6) and (e)(7) and

§ 20.2031–7(d)(7) of this chapter as

described in the following example:

Example. The donor who, as of the nearest

birthday, is 60 years old, transfers $100,000

to a unitrust on January 1st. The trust

instrument requires that each year the trust

pay to the donor, in equal semiannual

installments on June 30th and December

31st, 6 percent of the fair market value of the

trust assets, valued as of January 1st each

year, for 10 years or until the prior death of

the donor. The section 7520 rate for the

January in which the transfer occurred is 9.8

percent. Under Table F(9.8) in § 1.664–4(e)(6)

of this chapter, the appropriate adjustment

factor is .932539 for semiannual payments

payable at the end of the semiannual period.

The adjusted payout rate is 5.595 percent

(6% × .932539). The present value of the

donor’s retained interest is $40,848.00

determined as follows:

TABLE U(1) value at 5.6 percent,

age 60 ........................................ .35375

TABLE U(1) value at 5.6 percent,

age 70 ........................................ .49342

TABLE 90CM value at age 70 ..... 71357

TABLE 90CM value at age 60 ..... 85537

TABLE D value at 5.6 percent,

10 years .................................... .561979

Factor for donor’s retained interest at 5.6

percent:

(1.000000 ¥ .35375) ¥ (.561979 ×

(71357/85537) × (1.000000 ¥

.49342)) = .40876

TABLE U(1) value at 5.4 percent,

age 60 ........................................ .36542

TABLE U(1) value at 5.4 percent,

age 70 ........................................ .50473

TABLE 90CM value at age 70 ..... 71357

TABLE 90CM value at age 60 ..... 85537

TABLE D value at 5.4 percent,

10 years .................................... .573999

Factor for donor’s retained interest at 5.4

percent:

( . . ) (. ( / ) ( . . )) .

.

1 000000 36542 573999 71357 85537 1 000000 50473 39742

0 1134

−− × × − =

 Differ .. ence .

Interpolation adjustment:

5 595% 5

0 2% 01134

01106

. .4%

. .

.

− =

=

x

x

Factor at 5.4 percent, age 60 ....... .39742

Plus: Interpolation adjustment ... .01106

Interpolated Factor ...................... .40848

Present value of donor’s retained interest:

($100,000 × .40848)..........$40,848.00

(3) Transitional rule. If the valuation

date of a transfer of property by gift is

after April 30, 1999, and before July 1,

1999, the fair market value of the

interest transferred is determined by use

of the section 7520 interest rate for the

month in which the valuation date

occurs (see §§ 25.7520–1(b) and

25.7520–2(a)(2)) and the appropriate

actuarial tables under either paragraph

(d)(2) of this section or § 25.2512–5A(e),

at the option of the donor. However,

with respect to each individual

transaction and with respect to all

transfers occurring on the valuation

date, the donor must use the same

actuarial tables (for example, gift and

income tax charitable deductions with

respect to the same transfer must be

determined based on the same tables,

and all transfers made on the same date

must be valued based on the same

tables).

(4) Publications and actuarial

computations by the Internal Revenue

Service. Many standard actuarial factors

not included in §§ 20.2031–7(d)(6) or

(d)(7) of this chapter are included in

Internal Revenue Service Publication

1457, ‘‘Actuarial Values, Book Aleph,’’

(7–1999). Internal Revenue Service

Publication 1457 also includes

examples that illustrate how to compute

many special factors for more unusual

situations. A copy of this publication is

available for purchase from the

Superintendent of Documents, United

States Government Printing Office,

Washington, DC 20402. See § 25.2512–

5A for publications containing actuarial

factors for valuing interests for which

the valuation date is before May 1, 1999.

If a special factor is required in the case

of a completed gift, the Service may

furnish the factor to the donor upon a

request for a ruling. The request for a

ruling must be accompanied by a

recitation of the facts including a

statement of the date of birth for each

measuring life, the date of the gift, any

other applicable dates, and a copy of the

will, trust, or other relevant documents.

A request for a ruling must comply with

the instructions for requesting a ruling

published periodically in the Internal

Revenue Bulletin (see §§ 601.201 and

601.601(d)(2)(ii)(b) of this chapter) and

include payment of the required user

fee.

(e) Effective dates. This section

applies after April 30, 1999.

§ 25.2512–5T [Removed]

Par. 19. Section 25.2512–5T is

removed.

Par. 20. Section 25.7520–1 is

amended by revising paragraphs (b)(2),

(c)(1), (c)(2) and (d) to read as follows:

§ 25.7520–1 Valuation of annuities,

unitrust interests, interests for life or term

of years, and remainder or reversionary

interests.

* * * * *

(b) * * *

Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations 36943

(2) Mortality component. The

mortality component reflects the

mortality data most recently available

from the United States Census. As new

mortality data becomes available after

each decennial census, the mortality

component described in this section

will be revised periodically and the

mortality component tables will be

published in the regulations at that

time. For gifts with valuation dates after

April 30, 1999, the mortality component

table (Table 90CM) is included in

§ 20.2031–7(d)(7) of this chapter. See

§ 20.2031–7A of this chapter for

mortality component tables applicable

to decedent’s estates with valuation

dates before May 1, 1999.

(c) * * *

(1) Regulation sections containing

tables with interest rates between 4.2

and 14 percent for valuation dates after

April 30, 1999. Section 1.642(c)–6(e)(6)

of this chapter contains Table S used for

determining the present value of a

single life remainder interest in a pooled

income fund as defined in § 1.642(c)–5

of this chapter. See § 1.642(c)–6A for

single life remainder factors applicable

to valuation dates before May 1, 1999.

Section 1.664–4(e)(6) of this chapter

contains Table F (payout factors) and

Table D (actuarial factors used in

determining the present value of a

remainder interest postponed for a term

of years). Section 1.664–4(e)(7) of this

chapter contains Table U(1) (unitrust

single life remainder factors). These

tables are used in determining the

present value of a remainder interest in

a charitable remainder unitrust as

defined in § 1.664–3 of this chapter. See

§ 1.664–4A for unitrust single life

remainder factors applicable to

valuation dates before May 1, 1999.

Section 20.2031–7(d)(6) of this chapter

contains Table B (actuarial factors used

in determining the present value of an

interest for a term of years), Table K

(annuity end-of-interval adjustment

factors), Table J (term certain annuity

beginning-of-interval adjustment

factors). Section 20.2031–7(d)(7) of this

chapter contains Table S (single life

remainder factors) and Table 90CM

(mortality components). These tables are

used in determining the present value of

annuities, life estates, remainders, and

reversions. See § 20.2031–7A of this

chapter for single life remainder factors

and mortality components applicable to

valuation dates before May 1, 1999.

(2) Internal Revenue Service

publications containing tables with

interest rates between 2.2 and 22

percent for valuation dates after April

30, 1999. The following documents are

available for purchase from the

Superintendent of Documents, United

States Government Printing Office,

Washington, DC 20402:

(i) Internal Revenue Service

Publication 1457, ‘‘Actuarial Values,

Book Aleph,’’ (7–1999). This

publication includes tables of valuation

factors, as well as examples that show

how to compute other valuation factors,

for determining the present value of

annuities, life estates, terms of years,

remainders, and reversions, measured

by one or two lives. These factors may

also be used in the valuation of interests

in a charitable remainder annuity trust

as defined in § 1.664–2 of this chapter

and a pooled income fund as defined in

§ 1.642(c)–5 of this chapter. See § 25–

2512–5A for publications containing

tables for valuation dates before May 1,

1999.

(ii) Internal Revenue Service

Publication 1458, ‘‘Actuarial Values,

Book Beth,’’ (7–1999). This publication

includes term certain tables and tables

of one and two life valuation factors for

determining the present value of

remainder interests in a charitable

remainder unitrust as defined in

§ 1.664–3 of this chapter. See § 1.664–

4A of this chapter for publications

containing tables for valuation dates

before May 1, 1999.

(iii) Internal Revenue Service

Publication 1459, ‘‘Actuarial Values,

Book Gimel,’’ (7–1999). This publication

includes tables for computing

depreciation adjustment factors. See

§ 1.170A–12 of this chapter.

(d) Effective date. This section applies

after April 30, 1989.

§ 25.7520–1T [Removed]

Par. 21. Section 25.7520–1T is

removed.

PARTS 1, 20 AND 25—[AMENDED]

Par. 22. In the list below, for each

section indicated in the left column,

remove the language in the middle

column and add the language in the

right column:

Section Remove Add

1.170A–12(e)(2), following the formula ............................... § 20.2031–7T ..................................................................... § 20.2031–7.

1.642(c)–6A(e)(2)(ii), last sentence ..................................... § 1.642(c)–6T(e)(3)(ii) ........................................................ § 1.642(c)–6(e)(3)(ii).

1.642(c)–6A(e)(3) ................................................................ § 1.642(c)–6T(e)(4) ............................................................ § 1.642(c)–6(e)(4).

1.642(c)–6A(e)(4), last sentence ......................................... § 1.642(c)–6T(e)(5) ............................................................ § 1.642(c)–6(e)(5).

1.664–1(a)(6), introductory text ........................................... §§ 1.664–4T(e), 1.664–4T(e) and 1.664–4A(d) and (e) .... §§ 1.664–4(e) and

1.664–4A(d) and (e).

1.664–4(e)(6), second sentence ......................................... § 1.664–4T(e)(7) ................................................................. paragraph (e)(5) of this

section.

1.664–4A(e)(4), fifth sentence ............................................. § 1.664–4T(e)(4) ................................................................. § 1.664–4(e)(4).

1.664–4A(e)(4), last sentence ............................................. § 1.664–4T(e)(4) ................................................................. § 1.664–4(e)(4).

1.664–4A(e)(5), fourth sentence ......................................... § 1.664–4T(e)(5) ................................................................. § 1.664–4(e)(5).

1.664–4A(e)(5), last sentence ............................................. § 1.664–4T(e)(5) ................................................................. § 1.664–4(e)(5).

1.7520–1(a)(2) ..................................................................... § 1.642(c)–6T(e) ................................................................. § 1.642(c)–6(e).

20.2031–7A(e)(1), first sentence ......................................... § 20.2031–7T(d) ................................................................. § 20.2031–7(d).

20.2055–2(f)(4) .................................................................... § 20.2031–7T(d) ................................................................. § 20.2031–7(d).

25.2512–5A(e)(1), first sentence ......................................... § 25.2512–5T(d) ................................................................. § 25.2512–5(d).

25.7520–1(a)(2) ................................................................... § 1.642(c)–6T(e) ................................................................. § 1.642(c)–6(e).

25.7520–3(b)(2)(v), Example 5 (iii) ..................................... § 20.2031–7T(d)(7) ............................................................. § 20.2031–7(d)(7).

36944 Federal Register / Vol. 65, No. 113 / Monday, June 12, 2000 / Rules and Regulations

Robert E. Wenzel,

Deputy Commissioner of Internal Revenue.

Approved: May 17, 2000.

Jonathan Talisman,

Deputy Assistant Secretary of the Treasury

(Tax Policy).

[FR Doc. 00–12986 Filed 6–9–00; 8:45 am]

BILLING CODE 4830–01–P