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" ... certificate on the last day of the current certificate year. The reserve value of a certificate on the last day of any certificate year shall be the full reserve required on such certificate, based on an annual level net premium for twenty... "
Payment of Veterans' Adjusted-service Certificates: Hearings Before the ... - Page 152
by United States. Congress. Senate. Committee on Finance - 1931
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Flitcraft Life Insurance Manual, Volume 12

Insurance, Life - 1899 - 886 pages
...period, It may be>urrendered under like conditions for not less than 90 per cent of the terminal reserve upon the American Experience Table of Mortality and Interest at 4 per cent. . In the calculation of the Cash Surrender Value, account shall be taken only of the number of...
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Annual Report of the Director, United States' Veterans' Bureau, Volume 3

United States. Veteran's Bureau - Military pensions - 1923 - 874 pages
...applied as a net single premium '»¡culated in accordance with the accepted actuarial principal -".<; based upon the American Experience Table of Mortality and interest at 4 per cent per annum compounded annually. It is iurther provided that this certificate shall bo dated and...
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Federal Departmental Organization and Practice: The Executive Departments ...

George Cyrus Thorpe - Executive departments - 1925 - 1124 pages
...of which is equal to the amount of 20-year endowment insurance that the amount of adjusted service credit, increased by 25 per centum, would purchase,...Experience Table of Mortality, and interest at 4 per centum oer annum, compounded annually. 775 Ch. 81, § 9 INDEPENDENT ESTABLISHMENTS UNDER THE PRESIDENT 9....
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Annual Report of the Director, United States' Veterans' Bureau, Volumes 4-5

United States. Veteran's Bureau - Military pensions - 1925 - 908 pages
...endowment insurance that the amount of his (the veteran) adjusted service credit Increased by 25 per cent would purchase at his age on his birthday nearest...Experience Table of Mortality, and interest at 4 per cent per ftnnnm compounded annually." 1 Adjusted service credit: In accordance with sec. 201 of the...
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First Deficiency Appropriation Bill, 1926

United States. Congress. House. Committee on Appropriations - United States - 1926 - 664 pages
...certificate, based on an annual level net premium for twentyyears and calculated in accordance with the American Experience Table of Mortality and interest at 4 per centum per annum, compounded annually. (h) No payment upon any note shall be made under this section by the director to any bank, unless the...
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Loans on Soldiers' Adjusted Service Certificates: Hearings Before the ...

United States. Congress. House. Committee on Ways and Means - Military pensions - 1927 - 64 pages
...option of surrendering their certificates and receiving their full cash value thereof to be determined in accordance with accepted actuarial principles and...experience table of mortality, and interest at 4 per cent, compounded annually. Mr. GARNER. You think that 75 per cent of the, veterans who are now holding...
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The American Year Book

Albert Bushnell Hart - Almanacs, American - 1927 - 1254 pages
...of his certificate, if applied as a net single premium, calculated in accordance with the accepted principles and based upon the American Experience Table of Mortality and interest at 4 per cent per annum, compounded annually. The following table shows the applications received and adjudicated...
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Digest of Rulings of the Federal Reserve Board (1914-1927, Inclusive): With ...

United States. Federal Reserve Board - Banking law - 1928 - 808 pages
...certificate, based on an annual level net premium for twenty years and calculated in accordance with the American Experience Table of Mortality and interest at 4 per centum per annum, compounded annually. (h) No payment upon any note shall be made under this section by the Director to any bank, unless the...
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The World War Adjusted Compensation Act with Amendments Prior to March 15 ...

United States. Veterans' Bureau - Life insurance - 1929 - 28 pages
...certificate, based on an annual level net premium for twenty years and calculated in accordance with the American Experience Table of Mortality and interest at 4 per centum per annum, compounded annually. (h) No payment upon any note shall be made under this section by the Director to any bank, unless the...
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Payment of Soldiers' Adjusted Compensation Certificates: Hearings Before the ...

United States. Congress. House. Committee on Ways and Means - Military pensions - 1931 - 512 pages
...certificate in twenty years from its date or on the prior death of the veteran, such amount to be determined in accordance with accepted actuarial principles and...American Experience Table of Mortality and interest at four per centum per annum, compounded annually. If I take out an insurance policy for $2,000, it reads...
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