BENDZULLA ACTUARIAL PTY LTD
CONSULTING ACTUARIES
GPO BOX 1181, HOBART, TASMANIA 7001. LEVEL 3, 33 SALAMANCA
PLACE, HOBART, 7000
TELEPHONE 1800 203 123 FACSIMILE 1800 103 123
ABN 13 009 492 219
Return to Superannuation page.
LIFE EXPECTANCY FOR PENSION PURPOSES
Life expectancy factors are used for the calculation of pension deductible
amounts - the tax free return of capital component in each pension payment.
They are also used for the calculation of duration options in market-linked
pensions and life expectancy defined pensions. The above are ALT 1990-92,
ALT 1995-97 and ALT 2000-02 respectively.
|
Pension Commenced |
Age |
From 1/1/96 to 31/12/99 |
From 1/1/2000 to 31/12/2004 *
|
From 1/1/2005 onwards
|
Male |
Female |
Male |
Female |
Male |
Female |
| 0 |
74.32 |
80.39 |
75.69 |
81.37 |
77.64 |
82.87 |
| 1 |
73.92 |
79.91 |
75.15 |
80.78 |
77.08 |
82.25 |
| 2 |
72.97 |
78.95 |
74.20 |
79.81 |
76.12 |
81.29 |
| 3 |
72.01 |
77.98 |
73.22 |
78.83 |
75.14 |
80.30 |
| 4 |
71.03 |
76.99 |
72.25 |
77.85 |
74.16 |
79.32 |
| 5 |
70.05 |
76.01 |
71.26 |
76.87 |
73.17 |
78.33 |
| 6 |
69.06 |
75.02 |
70.28 |
75.88 |
72.18 |
77.34 |
| 7 |
68.08 |
74.03 |
69.29 |
74.89 |
71.20 |
76.35 |
| 8 |
67.09 |
73.04 |
68.30 |
73.90 |
70.21 |
75.35 |
| 9 |
66.10 |
72.05 |
67.31 |
72.91 |
69.21 |
74.36 |
| 10 |
65.11 |
71.06 |
66.32 |
71.91 |
68.22 |
73.37 |
| 11 |
64.13 |
70.07 |
65.33 |
70.92 |
67.23 |
72.37 |
| 12 |
63.14 |
69.08 |
64.34 |
69.93 |
66.24 |
71.38 |
| 13 |
62.15 |
68.09 |
63.35 |
68.94 |
65.25 |
70.39 |
| 14 |
61.16 |
67.10 |
62.36 |
67.96 |
64.26 |
69.39 |
| 15 |
60.18 |
66.11 |
61.38 |
66.97 |
63.28 |
68.41 |
| 16 |
59.21 |
65.13 |
60.41 |
65.98 |
62.30 |
67.42 |
| 17 |
58.24 |
64.15 |
59.44 |
65.00 |
61.33 |
66.44 |
| 18 |
57.29 |
63.17 |
58.49 |
64.02 |
60.37 |
65.45 |
| 19 |
56.35 |
62.20 |
57.55 |
63.04 |
59.43 |
64.48 |
| 20 |
55.42 |
61.22 |
56.61 |
62.07 |
58.48 |
63.50 |
| 21 |
54.48 |
60.25 |
55.68 |
61.09 |
57.54 |
62.52 |
| 22 |
53.55 |
59.28 |
54.75 |
60.12 |
56.59 |
61.54 |
| 23 |
52.62 |
58.30 |
53.81 |
59.14 |
55.65 |
60.57 |
| 24 |
51.69 |
57.33 |
52.88 |
58.16 |
54.71 |
59.59 |
| 25 |
50.76 |
56.35 |
51.94 |
57.18 |
53.77 |
58.61 |
| 26 |
49.82 |
55.38 |
51.01 |
56.21 |
52.83 |
57.63 |
| 27 |
48.89 |
54.40 |
50.07 |
55.23 |
51.89 |
56.65 |
| 28 |
47.95 |
53.30 |
49.14 |
54.25 |
50.85 |
55.68 |
| 29 |
47.01 |
52.45 |
48.20 |
53.27 |
50.01 |
54.70 |
| 30 |
46.07 |
51.48 |
47.26 |
52.30 |
49.07 |
53.72 |
| 31 |
45.13 |
50.50 |
46.32 |
51.32 |
48.13 |
52.75 |
| 32 |
44.19 |
49.53 |
45.38 |
50.35 |
47.19 |
51.77 |
| 33 |
43.25 |
48.56 |
44.44 |
49.38 |
46.24 |
50.80 |
| 34 |
42.31 |
47.58 |
43.50 |
48.41 |
45.30 |
49.82 |
| 35 |
41.37 |
46.61 |
42.57 |
47.44 |
44.35 |
48.85 |
| 36 |
40.42 |
45.64 |
41.63 |
46.47 |
43.41 |
47.88 |
| 37 |
39.48 |
44.67 |
40.69 |
45.50 |
42.47 |
46.91 |
| 38 |
38.54 |
43.70 |
39.75 |
44.53 |
41.53 |
45.94 |
| 39 |
37.60 |
42.74 |
38.81 |
43.56 |
40.58 |
44.98 |
| 40 |
36.66 |
41.77 |
37.88 |
42.60 |
39.65 |
44.01 |
| 41 |
35.73 |
40.81 |
36.94 |
41.64 |
38.71 |
43.05 |
| 42 |
34.79 |
39.85 |
36.01 |
40.68 |
37.77 |
42.09 |
| 43 |
33.86 |
38.90 |
35.08 |
39.72 |
36.84 |
41.14 |
| 44 |
32.94 |
37.95 |
34.15 |
38.76 |
35.91 |
40.18 |
| 45 |
32.01 |
37.00 |
33.22 |
37.81 |
34.98 |
39.23 |
| 46 |
31.09 |
36.05 |
32.30 |
36.86 |
34.06 |
38.28 |
| 47 |
30.18 |
35.11 |
31.38 |
35.92 |
33.13 |
37.33 |
| 48 |
29.27 |
34.18 |
30.46 |
34.98 |
32.22 |
36.39 |
| 49 |
28.37 |
33.25 |
29.55 |
34.04 |
31.30 |
35.45 |
| 50 |
27.48 |
32.32 |
28.64 |
33.11 |
30.38 |
34.51 |
| 51 |
26.59 |
31.10 |
27.74 |
32.18 |
29.49 |
33.58 |
| 52 |
25.71 |
30.49 |
26.85 |
31.26 |
28.59 |
32.66 |
| 53 |
24.84 |
29.58 |
25.97 |
30.34 |
27.69 |
31.73 |
| 54 |
23.98 |
28.68 |
25.09 |
29.43 |
26.80 |
30.82 |
| 55 |
23.13 |
27.78 |
24.22 |
28.53 |
25.92 |
29.91 |
| 56 |
22.30 |
26.90 |
23.36 |
27.63 |
25.05 |
29.00 |
| 57 |
21.47 |
26.02 |
22.51 |
26.74 |
24.19 |
28.10 |
| 58 |
20.66 |
25.14 |
21.68 |
25.86 |
23.34 |
27.21 |
| 59 |
19.87 |
24.27 |
20.86 |
24.98 |
22.49 |
26.32 |
| 60 |
19.09 |
23.42 |
20.05 |
24.11 |
21.66 |
25.44 |
| 61 |
18.32 |
22.57 |
19.25 |
23.25 |
20.84 |
24.57 |
| 62 |
17.57 |
21.72 |
18.46 |
22.39 |
20.04 |
23.71 |
| 63 |
16.83 |
20.89 |
17.70 |
21.54 |
19.24 |
22.85 |
| 64 |
16.12 |
20.07 |
16.94 |
20.70 |
18.46 |
22.00 |
| 65 |
15.41 |
19.26 |
16.21 |
19.88 |
17.70 |
21.15 |
| 66 |
14.73 |
18.45 |
15.49 |
19.06 |
16.95 |
20.32 |
| 67 |
14.06 |
17.66 |
14.79 |
18.25 |
16.21 |
19.49 |
| 68 |
13.40 |
16.89 |
14.11 |
17.46 |
15.48 |
18.67 |
| 69 |
12.76 |
16.12 |
13.44 |
16.67 |
14.78 |
17.87 |
| 70 |
12.14 |
15.37 |
12.80 |
15.90 |
14.08 |
17.08 |
| 71 |
11.54 |
14.64 |
12.17 |
15.14 |
13.41 |
16.29 |
| 72 |
10.95 |
13.92 |
11.56 |
14.40 |
12.75 |
15.53 |
| 73 |
10.39 |
13.22 |
10.96 |
13.67 |
12.11 |
14.78 |
| 74 |
9.84 |
12.53 |
10.38 |
12.96 |
11.50 |
14.05 |
| 75 |
9.31 |
11.87 |
9.82 |
12.26 |
10.90 |
13.33 |
| 76 |
8.80 |
11.22 |
9.27 |
11.58 |
10.32 |
12.63 |
| 77 |
8.32 |
10.60 |
8.74 |
10.92 |
9.77 |
11.94 |
| 78 |
7.86 |
9.99 |
8.24 |
10.28 |
9.24 |
11.27 |
| 79 |
7.42 |
9.41 |
7.76 |
9.67 |
8.73 |
10.61 |
| 80 |
7.00 |
8.85 |
7.30 |
9.09 |
8.24 |
9.98 |
| 81 |
6.60 |
8.31 |
6.87 |
8.53 |
7.77 |
9.38 |
| 82 |
6.23 |
7.80 |
6.46 |
8.00 |
7.32 |
8.81 |
| 83 |
5.87 |
7.31 |
6.08 |
7.46 |
6.89 |
8.27 |
| 84 |
5.54 |
6.84 |
5.73 |
7.00 |
6.48 |
7.76 |
| 85 |
5.23 |
6.40 |
5.40 |
6.53 |
6.11 |
7.28 |
| 86 |
4.93 |
5.99 |
5.10 |
6.10 |
5.77 |
6.83 |
| 87 |
4.66 |
5.60 |
4.82 |
5.69 |
5.47 |
6.41 |
| 88 |
4.40 |
5.24 |
4.57 |
5.32 |
5.20 |
6.02 |
| 89 |
4.15 |
4.90 |
4.35 |
4.98 |
4.95 |
5.66 |
| 90 |
3.93 |
4.59 |
4.16 |
4.67 |
4.74 |
5.33 |
| 91 |
3.72 |
4.30 |
3.99 |
4.39 |
4.54 |
5.03 |
| 92 |
3.52 |
4.04 |
3.86 |
4.15 |
4.36 |
4.75 |
| 93 |
3.34 |
3.81 |
3.73 |
3.93 |
4.19 |
4.50 |
| 94 |
3.19 |
3.60 |
3.62 |
3.72 |
4.03 |
4.28 |
| 95 |
3.05 |
3.41 |
3.50 |
3.54 |
3.87 |
4.07 |
| 96 |
2.93 |
3.24 |
3.39 |
3.37 |
3.73 |
3.88 |
| 97 |
2.84 |
3.09 |
3.28 |
3.21 |
3.60 |
3.71 |
| 98 |
2.76 |
2.94 |
3.18 |
3.07 |
3.47 |
3.55 |
| 99 |
2.70 |
2.82 |
3.07 |
2.93 |
3.35 |
3.40 |
| 100 |
2.64 |
2.69 |
2.98 |
2.81 |
3.24 |
3.26 |
| 101 |
2.59 |
2.58 |
2.88 |
2.70 |
3.14 |
3.13 |
| 102 |
2.55 |
2.47 |
2.79 |
2.59 |
3.04 |
3.01 |
| 103 |
2.51 |
2.36 |
2.71 |
2.50 |
2.94 |
2.90 |
| 104 |
2.47 |
2.26 |
2.64 |
2.41 |
2.85 |
2.79 |
| 105 |
2.44 |
2.16 |
2.57 |
2.32 |
2.77 |
2.69 |
| 106 |
2.40 |
2.07 |
2.51 |
2.24 |
2.69 |
2.80 |
| 107 |
2.37 |
1.98 |
2.45 |
2.17 |
2.61 |
2.52 |
| 108 |
2.34 |
1.89 |
2.40 |
2.10 |
2.54 |
2.43 |
| 109 |
2.31 |
1.81 |
2.36 |
2.03 |
2.47 |
2.35 |
* Optional from 1/7/2004 to 31/12/2004.
Return to Superannuation page.
|