Rev. Rul. 2001-11

For purposes of § 807(d)(4) of the Internal Revenue Code, for taxable years beginning after December 31, 1999, this ruling supplements the schedules of prevailing state assumed interest rates set forth in Rev. Rul. 92-19, 1992-1 C.B. 227. This information is to be used by insurance companies in computing their reserves for (1) life insurance and supplementary total and permanent disability benefits, (2) individual annuities and pure endowments, and (3) group annuities and pure endowments. As § 807(d)(2)(B) requires that the interest rate used to compute these reserves be the greater of (1) the applicable federal interest rate, or (2)

the prevailing state assumed interest rate, the table of applicable federal interest rates in Rev. Rul. 92-19 is also supplemented.

Following are supplements to schedules A, B, C, and D to Part III of Rev. Rul. 92-19, providing prevailing state assumed interest rates for insurance products with different features issued in 2000 and 2001, and a supplement to the table in Part IV of Rev. Rul. 92-19, providing the applicable federal interest rate under § 807(d) for 2000 and 2001. This ruling does not supplement Parts I and II of Rev. Rul. 92-19.

This is the ninth supplement to the interest rates provided in Rev. Rul. 9219. Earlier supplements were published in Rev. Rul. 93-58, 1993-2 C.B. 241 (interest rates for insurance products issued in 1992 and 1993), Rev. Rul. 9411, 1994-1 C.B. 196 (1993 and 1994), Rev. Rul. 95-4, 1995-1 C.B. 141 (1994 and 1995), Rev. Rul. 96-2, 1996-1 C.B. 141 (1995 and 1996), Rev. Rul. 97-2, 1997-1 C.B. 134 (1996 and 1997), Rev. Rul. 98-2, 1998-1 C.B. 259 (1997 and 1998), Rev. Rul. 99-10, 1999-10 I.R.B. 10 (1998 and 1999), and Rev. Rul. 2000-17, 2000-13 I.R.B. 842 (1999 and 2000).

March 5, 2001 780 2001–10 I.R.B.