CR_14-076 2012 Individual annuity mortality reserving table and affecting small business

OFFICE OF THE COMMISSIONER OF INSURANCE

SUBJECT:   Section Ins 2.30 , Wis. Adm. Code, relating to 2012 Individual Annuity Mortality Reserving Table and affecting small business

NOTICE OF SUBMITTAL TO LEGISLATIVE COUNCIL STAFF

Rule Submittal Date

In accordance with ss. 227.14 (4m) and 227.15 , Stats., the Office of the Commissioner of Insurance is submitting a proposed rule to the Wisconsin Legislative Council Rules Clearinghouse on December 22, 2014. The statement of scope for this rule SS 086-14 was approved by the Governor on July 14, 2014, published in Register No. 705 , on September 14, 2014, and approved by the Commissioner on September 26, 2014.

Analysis

These changes will affect Section Ins 2.30 , Wis. Adm. Code, relating to 2012 Individual Annuity Mortality Reserving Table and affecting small business.

Agency Procedure for Promulgation

The date for the public hearing is January 23, 2015 .

Contact Person

A copy of the proposed rule may be obtained from the W eb site at:

  http://oci.wi.gov/ocirules.htm

or by contacting Inger Williams, Public Information and Communications , Office of the Commissioner of Insurance, at [phone]. For additional information, please contact Richard B. Wicka at [phone] or e-mail at [e-mail] in the OCI Legal Unit.

This Notice of Submittal to Legislative Council Staff is prepared under s. 227.135 , Stats., and approved on December 22 , 2014 .