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Valuation Manual (VM)-22 (A) Subgroup

2025 Membership (PDF)

2025 Charge

  1. The Valuation Manual (VM)-22 (A) Subgroup will:
    1. Recommend requirements for non-variable (fixed) annuities in the accumulation and payout phases for consideration by the Task Force, as appropriate. Continue working with the Academy on a PBR methodology for non-variable annuities.
Valuation Manual (VM)-22 (A) Subgroup - 04162025

Public Webex Meeting
Wednesday, April 16, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 90 Minutes
Webex Link

VM-22 Subgroup Agenda – April 16, 2025

 

  1. VM-22 Subgroup Schedule in 2025
  2. Reserve Category for Deferred Annuities with GLBs and Depleted Fund Value
    1. Discuss status of this topic
  3. Payout Annuity Threshold for Automatic Exclusion
    1. 2024 YE Statistics on Payout Reserves
    2. Vote on Payout Threshold
  4. Deterministic Certification Option
    1. Academy Comments
    2. ACLI Comments
      1. Proposed Language
    3. Revised Draft
    4. Finalize Decision
  5. Guidance Note on LATF SPA Referral  

Valuation Manual (VM)-22 (A) Subgroup - 04232025

Public Webex Meeting
Wednesday, April 23, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Valuation Manual (VM)-22 (A) Subgroup - 04302025

Public Webex Meeting
Wednesday, April 30, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Valuation Manual (VM)-22 (A) Subgroup - 05072025

Public Webex Meeting
Wednesday, May 07, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Valuation Manual (VM)-22 (A) Subgroup - 05142025

Public Webex Meeting
Wednesday, May 14, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr
Webex Link

To be determined.


Valuation Manual (VM)-22 (A) Subgroup - 05272025

Public Webex Meeting
Tuesday, May 27, 2025
3:00 PM ET, 2:00 PM CT, 1:00 PM MT, 12:00 PM PT
Expected Length of Call: 1 hr
Webex Link

The purpose of this meeting will be to finalize all VM-22 related guidance to propose as a recommendation to LATF.


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