Table of Life Expectancy for Income Streams with a Commencement Day on or after 01/01/2000 to 31/12/2004
Last amended: 13 May 2008
Income streams commencing between 20 September 2004 and 31 December 2004
Purchased lifetime, life expectancy and market linked income streams commencing between 20 September 2004 and 31 December 2004 may use either these tables or the tables for an income stream commencing on or after 1 January 2005 to determine the person's life expectancy. Whichever table is used to determine the life expectancy must also be used to determine the relevant number for the income stream.
How to use life expectancy tables
The following table shows how to select and use the appropriate life expectancy table in the assessment of an income stream.
|
Step |
Action |
|
1 |
Determine the commencement day of the income stream to be assessed and ensure that the correct table is used. More →
Life expectancy tables |
|
2 |
Determine which persons the relevant number must be obtained for. |
|
3 |
Look down the age column to find the age of those persons at the commencement day in whole years. |
|
4 |
Move across to the corresponding life expectancy factor (one for males, the other for females). |
Table of life expectancy
The following table shows life expectancy factors used for calculating the relevant number for males and females. The factors are based on the 1995 to 1997 life tables, published by the Australian Government Actuary.
The table relates to income streams with a commencement day on or after 1 January 2000 but before 1 January 2005. The age used refers to the age on the income stream's commencement day.
|
Age |
M |
F |
Age |
M |
F |
Age |
M |
F |
|
15 |
61.38 |
66.97 |
44 |
34.15 |
38.76 |
73 |
10.96 |
13.67 |
|
16 |
60.41 |
65.98 |
45 |
33.22 |
37.81 |
74 |
10.38 |
12.96 |
|
17 |
59.44 |
65.00 |
46 |
32.30 |
36.86 |
75 |
9.82 |
12.26 |
|
18 |
58.49 |
64.02 |
47 |
31.38 |
35.92 |
76 |
9.27 |
11.58 |
|
19 |
57.55 |
63.04 |
48 |
30.46 |
34.98 |
77 |
8.74 |
10.92 |
|
20 |
56.61 |
62.07 |
49 |
29.55 |
34.04 |
78 |
8.24 |
10.28 |
|
21 |
55.68 |
61.09 |
50 |
28.64 |
33.11 |
79 |
7.76 |
9.67 |
|
22 |
54.75 |
60.12 |
51 |
27.74 |
32.18 |
80 |
7.30 |
9.09 |
|
23 |
53.81 |
59.14 |
52 |
26.85 |
31.26 |
81 |
6.87 |
8.53 |
|
24 |
52.88 |
58.16 |
53 |
25.97 |
30.34 |
82 |
6.46 |
8.00 |
|
25 |
51.94 |
57.18 |
54 |
25.09 |
29.43 |
83 |
6.08 |
7.48 |
|
26 |
51.01 |
56.21 |
55 |
24.22 |
28.53 |
84 |
5.73 |
7.00 |
|
27 |
50.07 |
55.23 |
56 |
23.36 |
27.63 |
85 |
5.40 |
6.53 |
|
28 |
49.14 |
54.25 |
57 |
22.52 |
26.74 |
86 |
5.10 |
6.10 |
|
29 |
48.20 |
53.27 |
58 |
21.68 |
25.86 |
87 |
4.82 |
5.69 |
|
30 |
47.26 |
52.30 |
59 |
20.86 |
24.98 |
88 |
4.57 |
5.32 |
|
31 |
46.32 |
51.32 |
60 |
20.05 |
24.11 |
89 |
4.35 |
4.98 |
|
32 |
45.38 |
50.35 |
61 |
19.25 |
23.25 |
90 |
4.16 |
4.67 |
|
33 |
44.44 |
49.38 |
62 |
18.46 |
22.39 |
91 |
3.99 |
4.39 |
|
34 |
43.50 |
48.41 |
63 |
17.70 |
21.54 |
92 |
3.86 |
4.15 |
|
35 |
42.57 |
47.44 |
64 |
16.94 |
20.70 |
93 |
3.73 |
3.93 |
|
36 |
41.63 |
46.47 |
65 |
16.21 |
19.88 |
94 |
3.62 |
3.72 |
|
37 |
40.69 |
45.50 |
66 |
15.49 |
19.06 |
95 |
3.50 |
3.54 |
|
38 |
39.75 |
44.53 |
67 |
14.79 |
18.25 |
96 |
3.39 |
3.37 |
|
39 |
38.81 |
43.56 |
68 |
14.11 |
17.46 |
97 |
3.28 |
3.21 |
|
40 |
37.88 |
42.60 |
69 |
13.44 |
16.67 |
98 |
3.18 |
3.07 |
|
41 |
36.94 |
41.64 |
70 |
12.80 |
15.90 |
99 |
3.07 |
2.93 |
|
42 |
36.01 |
40.68 |
71 |
12.17 |
15.14 |
100 |
2.98 |
2.81 |
|
43 |
35.08 |
39.72 |
72 |
11.56 |
14.40 |
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Source URL: https://clik.dva.gov.au/compensation-and-support-policy-library/part-10-types-income-and-assets/105-income-streams/1057-life-expectancy-tables-pension-valuation-factors-and-payment-factors/table-life-expectancy-income-streams-commencement-day-or-after-01012000-31122004