{"data":{"id":"us-va/14vac5-280-70-2","jurisdiction":"us-va","citation":"14VAC5-280-70:2","heading":"EXHIBIT 2. SAMPLE FORMULA FOR DETERMINING RESERVE INTEREST RATE ADJUSTMENT","body":"EXHIBIT 2. SAMPLE FORMULA FOR DETERMINING RESERVE INTEREST RATE ADJUSTMENT\n\n(Terms and data are as defined in the NAIC Annual Statement blank)\n\nRate =\n\n2 (I + CG)\n\nX + Y - I - CG\n\nWhere: I is the net investment income\n\nCG is realized and unrealized capital gains less realized and unrealized capital losses\n\nX is the current year cash and invested assets plus investment income due and accrued less borrowed money\n\nY is the same as X but for the prior year","path":["Title 14. Insurance","Agency 5. State Corporation Commission, Bureau of Insurance","Chapter 280. Rules Establishing Standards for Life, Annuity, and Accident and Sickness Reinsurance Agreements"],"source_url":"https://law.lis.virginia.gov/admincode/title14/agency5/chapter280/section70:2/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:51:57Z","sha256":"d0456afe5fa855d8944257d8cf544b428ba010f359ca399cd27a674b6f46f69d","source_id":"us-va-vac","stale":false,"prev":"us-va/14vac5-280-70-1","next":"us-va/14vac5-290-10"},"notice":"GroundRules: Original legal text. Not legal advice."}