Part III. Prevailing — Internal Revenue Bulletin 2001-10

Schedule A

STATUTORY VALUATION INTEREST RATES BASED ON THE 1980 AMENDMENTS TO THE

NAIC STANDARD VALUATION LAW

A. Life insurance valuation:

Guarantee Duration

(years) Calendar Year of Issue

2001 10 or fewer 5.00** More than 10 4.75** but not more than 20

More than 20 4.50**

Source: Rates calculated from the monthly averages, ending June 30, 2000, of Moody’s Corporate Bond Yield Average — Monthly Average Corporates.

** As the applicable federal interest rate for 2001 of 6.00 percent exceeds this prevailing state assumed interest rate, the interest rate to be used for this product under § 807 is 6.00 percent.

* The terms used in the schedules in this ruling and in Part III of Rev. Rul. 92-19 are those used in the Standard Valuation Law; the terms are defined in Rev. Rul. 92-19.

Part III, Schedule B

STATUTORY VALUATION INTEREST RATES BASED ON THE 1980 AMENDMENTS TO THE

NAIC STANDARD VALUATION LAW

B. Single premium immediate annuities and annuity benefits involving life contingencies arising from other annuities with cash settlement options and from guaranteed interest contracts with cash settlement options:

Calendar Year of Issue Valuation Interest Rate

2000 7.00*

Source: Rates calculated from the monthly averages, ending June 30, 2000, of Moody’s Corporate Bond Yield Average — Monthly Average Corporates. The terms used in this schedule are those used in the Standard Valuation Law as defined in Rev. Rul. 92-19.

*As this prevailing state assumed interest exceeds the applicable federal interest rate for 2000 of 6.09 percent, the valuation interest rate of 7.00 percent is to be used for this product under § 807.

2001–10 I.R.B. 781 March 5, 2001

Part III, Schedule C18 - 2000

STATUTORY VALUATION INTEREST RATES BASED ON NAIC STANDARD VALUATION LAW

FOR 2000 CALENDAR YEAR BUSINESS GOVERNED BY THE 1980 AMENDMENTS

C. Valuation interest rates for other annuities and guaranteed interest contracts that are valued on an issue year basis:

Cash Future Valuation Interest Rate Settlement Interest Guarantee Duration For Plan Type Options? Guarantee? (years) A B C

Yes Yes 5 or fewer 7.00 6.00* 5.50* More than 5, but no 6.75 6.00* 5.50* more than 10 More than 10, but not 5.75* 5.25* 5.00* more than 20 More than 20 5.00* 4.50* 4.50* Yes No 5 or fewer 7.25 6.25 5.75* More than 5, but not 7.00 6.25 5.75* more than 10 More than 10, but not 6.00* 5.50* 5.25* more than 20 More than 20 5.25* 4.75* 4.75* No Yes or No 5 or fewer 7.00 More than 5, but not 6.75 more than 10 NOT APPLICABLE More than 10, but not 6.25 more than 20 More than 20 5.25*

Source: Rates calculated from the monthly averages, ending June 30, 2000, of Moody’s Corporate Bond Yield Average — Monthly Average Corporates.

*As the applicable federal interest rate for 2000 of 6.09 percent exceeds this prevailing state assumed interest rate, the interest rate to be used for this product under § 807 is 6.09 percent.

March 5, 2001 782 2001–10 I.R.B.

Part III, Schedule D18 - 2000

STATUTORY VALUATION INTEREST RATES BASED ON NAIC STANDARD VALUATION LAW

FOR 2000 CALENDAR YEAR BUSINESS GOVERNED BY THE 1980 AMENDMENTS

D. Valuation interest rates for other annuities and guaranteed interest contracts that are contracts with cash settlement options and that are valued on a change in fund basis:

Cash Future Valuation Interest Rate Settlement Interest Guarantee Duration For Plan Type Options? Guarantee? (years) A B C

Yes Yes 5 or fewer 7.75 7.25 5.75* More than 5, but no 7.50 7.25 5.75* more than 10 More than 10, but not 7.00 6.75 5.50* more than 20 More than 20 6.00* 6.00* 5.00* Yes No 5 or fewer 8.00 7.50 6.00* More than 5, but not 7.75 7.50 6.00* more than 10 More than 10, but not 7.25 7.00 5.75* more than 20 More than 20 6.25 6.25 5.25*

Source: Rates calculated from the monthly averages, ending June 30, 2000, of Moody’s Corporate Bond Yield Average — Monthly Average Corporates.

*As the applicable federal interest rate for 2000 of 6.09 percent exceeds this prevailing state assumed interest rate, the interest rate to be used for this product under § 807 is 6.09 percent.