Events

FINAL Joint Meeting Agenda

For Agenda Item #2, Management Committee and Commission Consideration of Adoption of Index Linked Variable Annuity Contract Standards:

• Standards for Individual Deferred Index Linked Variable Annuity Contracts (Commonly Marketed as Registered Index Linked Annuities)
• Amendments to the Additional Standards for Market Value Adjustment Feature Provided Through a Separate Account
• Briefing Sheet
• PSC Transmittal Memo dated January 31, 2024
• PSC Transmittal Letter on ACLI-CAI Comment
• Comments Received 
  o    ACLI and CAI Comment Letter - February, 29, 2024
  o    IRI Comment Letter dated March 27, 2024 
  o    Oregon Division of Financial Regulation Comment Letter dated March 26, 2024 

For Agenda Item #3, Public Hearing on Proposed Amendments to Certain Uniform Standards for use with Index Linked Variable Annuity Contract Standards

• Additional Standards for Index-Linked Crediting feature for Deferred Non-Variable Annuities and the General Account Portion of Individual Deferred Variable Annuity Contracts
• Additional Standards for Bonus Benefits (for Individual Deferred Non-Variable Annuities)
• Additional Standards for Market Value Adjustment Feature Provided Through the General Account
• Additional Standards for Bonus Benefits for Individual Deferred Variable Annuity Contracts
• Additional Standards for Guaranteed Minimum Death Benefits for Individual Deferred Variable Annuities
• Additional Standards for Waiver of Surrender Charge Benefit
• Transmittal Memo dated March 18, 2024

For Agenda Item #4, Report And Recommendation of the Product Standards Committee to Commence Rulemaking of Uniform Standards and Consideration by the Management Committee to Approve the Report and Recommendation 

• Transmittal Memo dated April 25, 2024
• Additional Standard for Guaranteed Living Benefits for Individual Deferred Variable Annuities
• ACLI and CAI Comment Letter - April 24, 2024

For Agenda Item #5, Commission Consideration of Request by North Dakota for Extension of its Stay of the Disability Income Uniform Standards

• Commission Consideration of Request for Stay of Disability Income Insurance Uniform Standards from the North Dakota Insurance Department 

For Agenda Item #6, Management Committee Consideration of Appointment to the Consumer Advisory Committee

• CAC Application 

For Agenda Item #7, Consent Agenda

• Consent Agenda