VM-22 Subgroup Agenda – Oct 23

1. VM-22 SPA Draft
   1. SPA Exposure - Mortality
      1. Unbuffered Amount calculation for DR
      2. Location of mortality requirements in SPA section
      3. Future mortality improvement in GAPV calculation
      4. Clarification of valuation date for discounting
      5. Age Nearest Birthday (ANB) vs Age Last Birthday (ALB)
      6. Structured settlement mortality table clarification
      7. Mortality flooring for group annuities
      8. Mortality improvement scale for group annuities
2. VM-22 PBR Draft 
   1. Potential edits based on field test Q&A VM-22 PBR Draft
      1. Settlement options
      2. Funding agreements
      3. Variable annuitization GLBs with exhausted fund value
      4. Treatment of PIMR for starting assets
      5. Applicability of SPA for DR
      6. Reinvestment guardrail
      7. SERT
         1. Threshold
         2. Mortality shocks

To be determined.

To be determined.

To be determined.