Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2014

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Market volatility assumption varies by fund type and grades from a current volatility number to a long-term assumption over one year as shown below:


	2014
Fund index type	Current volatility			Long-term forward volatility
Large cap		16.6	%		18.2	%
Bond		3.4			3.9
International		16.3			23.7
Small cap		21.3			21.2


	2013
Fund index type	Current volatility			Long-term forward volatility
Large cap		15.8	%		18.2	%
Bond		3.4			4.0
International		17.0			24.5
Small cap		19.8			21.1

- Definition

Tabular disclosure of the underlying assumptions and percentages or rates used in determining the fair value of guarantee obligations for each type of long-duration contract.

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