S5315 — Modifies the interest rate within the standard nonforfeiture law for annuities

S5315 — Modifies the interest rate within the standard nonforfeiture law for annuities · Informed CitizenryThis bill amends the insurance law to modify the minimum guaranteed interest rates (the 'statutory floor') for annuities. Specifically, it reduces the minimum guaranteed interest rate to 0.5% for a…Open in Informed Citizenry