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(a) Determinations of the present value of a life pension under Labor Code Section 5101(b) shall be made in accordance with the Commutation Instructions contained in Section 10169, and shall be based on the actuarial data contained in Section 10169, Table 2 (“Present Value of Life Pension at 3% Interest for a Male”) or Table 3 (“Present Value of Life Pension at 3% Interest for a Female”).
(b) Determinations of the present value of permanent disability indemnity under Labor Code Section 5101(b) shall be made in accordance with the Commutation Instructions contained in Section 10169, and shall be based on the actuarial data contained in Section 10169, Table 1 (“Present Value of Permanent Disability at 3% Interest”).
(c) The Administrative Director shall periodically revise Tables 2 and 3 of Section 10169 to incorporate revisions to the “U.S. Life Tables” and “Actuarial Tables Based On The U.S Life Tables” issued by the United States government following each decennial census.
NOTE: Authority cited: Sections 133, 5100, 5101, 5307.3 and 5307.4, Labor Code. Reference: Sections 5100, 5100.5, 5100.6 and 5101, Labor Code.
HISTORY
1. New section filed 1-17-2001; operative 1-17-2001 pursuant to Government Code section 11343.4(c) (Register 2001, No. 3).
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