Fraternity-Testvériség, 1945 (32. évfolyam, 1-12. szám)
1945-05-01 / 5. szám
TESTVÉRISÉG 13 Deduct liens and interest thereon, not included in Admitted Assets, and not in excess of required reserves on the corresponding individual certificates valued — Basis other than Accumulation------------Balance, item 47 less item 48, above-----$2,031,078.00 Liabilities of mortuary or benefit funds determined as follows: Total Liabilities, except reserve, page 5 of annual statement $47,703.31 less sum of liabilities of general or expense funds, page 5 of annual statement, not in excess of balance in corresponding fund (item 37, above) $4,616.40; liabilities of sick and accident funds when not valued, page 5 of annual statement, not in excess of balance in corresponding funds (item 36, above); and liabilities of special funds (funds other than general or expense funds not available for payment of benefits), page 5 of annual statement, not in excess of balance in corresponding funds (item 37, above) $20,596.57 __________________________ $22,490.34 Liabilities — Actual and Contingent — sum of items 49 and 50, above ______$2,053,568.34 Ratio per cent of Assets—Dec. 31, 1944 _ 111.2% Actual and Contingent —Dec. 31, 1943 __ 112.5% (item 38) to Liabilities —Dec. 31, 1942 — 110.7% Actual and Contingent —Dec. 31, 1941 — 112.0% (Item 51) ________________Dec. 31, 1940 __ 111.5% The above valuation indicates that, on the basis of the Am. Exp. & Stand. Ind. table of mortality with interest at 4 & 3yi per cent., the future assessments of the society at the net rate now being collcted, together with the now invested assets, are sufficient to meet all certificates as they mature by their terms, with a margin of, safety $230,639.22 (or 11.2%) over and above the statuary standards. JUVENILE SCHEDULE A (1) Mortality and Interest Assumptions Used 1.2) Form of Certificates (3) Still Issued? (4) ♦Certificates in Force No. Amount In (a) Calculation of Rates (b) In Valuation of Certificates (a) Am. Exp. 4% Term to 16 & Cash Val. No 1,496 $448,800.00 (b) Stand. Ind. 3^4% Term to 18 Yes 4,927 2,463.000.00 (c) Am. Exp 3 y2% Enndowment at 16 No 244 90,300.00 (d) Endowment at 18 Yes 410 185^750.00 (e) Whole Life End. at 85 Yes 675 573,000.00 (f) 20 Pay. End. at 50 Yes 83 61,500.00 (g) 20 Year Endowment Yes 854 438,250.00 (h) 20 Pay. End. at 65 Yes 117 68,000.00 (i) 99 99 99 Extended Insurance Yes 3 1,750.00 Juvenile Total 8,809 $4,330,350.00 ADULT Whole Life No 7,167 $6,621,450.00 (a) Am. Exp. 4% 20 Payment Life No 613 564,500.00 20 Year End. No 347 320,000.00 (b) 99 End. at Age 60 No 63 61,500.00 (c) 99 99 End. at Age 70 No 15 14,000.00 Extended Insurance Yes 151 132,000.00 (d) 99 99 Paid-Up Insurance Yes 34 16,248.00 Whole Life Yes 5,067 4,108,750.00 (e) 99 99 3y2% 20 Payment Life Yes 1,431 1,308,000.00 20 Year End. Yes 1,449 1,280,750.00 (f) 55 5» End. at Age 60 Yes 88 78,500.00 Paid-Up at Age 70 Yes 2 2,000.00 (g> 55 55 99 20 Pay End. at Age 65 Yes 81 73,500.00 W. L. End. at Age 85 Yes 647 555,500.00 (h) 55 99 99 20 Pay End. at Age 50 Yes 70 58,000.00 Adult Total 17,225 $15,194,698.00
