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Life Expectancy Factors for Market Linked Income Streams

Based on ALT 2015-17 published by the AGA

Age	M	F	Age	M	F	Age	M	F
50	32.84	36.14	70	15.90	18.18	90	4.50	4.99
51	31.93	35.21	71	15.14	17.35	91	4.22	4.61
52	31.03	34.27	72	14.39	16.53	92	3.96	4.28
53	30.13	33.34	73	13.66	15.73	93	3.72	3.97
54	29.24	32.42	74	12.95	14.93	94	3.50	3.69
55	28.35	31.49	75	12.25	14.15	95	3.29	3.43
56	27.47	30.57	76	11.57	13.39	96	3.11	3.18
57	26.60	29.66	77	10.90	12.64	97	2.93	2.94
58	25.73	28.75	78	10.25	11.90	98	2.77	2.73
59	24.87	27.84	79	9.63	11.18	99	2.62	2.53
60	24.02	26.93	80	9.02	10.49	100	2.49	2.36
61	23.17	26.03	81	8.44	9.81	101	2.36	2.19
62	22.33	25.14	82	7.89	9.16	102	2.24	2.05
63	21.50	24.24	83	7.36	8.54	103	2.14	1.91
64	20.67	23.36	84	6.86	7.94	104	2.04	1.80
65	19.86	22.47	85	6.39	7.37	105	1.94	1.69
66	19.04	21.60	86	5.95	6.83	106	1.86	1.59
67	18.24	20.73	87	5.54	6.32	107	1.78	1.51
68	17.45	19.87	88	5.16	5.84	108	1.71	1.43
69	16.67	19.02	89	4.81	5.40	109	1.64	1.37

Payment Factors for Market Linked Income Streams

Term Remaining (whole years)	Payment Factor	Term Remaining (whole years)	Payment Factor	Term Remaining (whole years)	Payment Factor
70 or more	26.00	46	22.70	22	15.17
69	25.91	45	22.50	21	14.70
68	25.82	44	22.28	20	14.21
67	25.72	43	22.06	19	13.71
66	25.62	42	21.83	18	13.19
65	25.52	41	21.60	17	12.65
64	25.41	40	21.36	16	12.09
63	25.30	39	21.10	15	11.52
62	25.19	38	20.84	14	10.92
61	25.07	37	20.57	13	10.30
60	24.94	36	20.29	12	9.66
59	24.82	35	20.00	11	9.00
58	24.69	34	19.70	10	8.32
57	24.55	33	19.39	9	7.61
56	24.41	32	19.07	8	6.87
55	24.26	31	18.74	7	6.11
54	24.11	30	18.39	6	5.33
53	23.96	29	18.04	5	4.52
52	23.80	28	17.67	4	3.67
51	23.63	27	17.29	3	2.80
50	23.46	26	16.89	2	1.90
49	23.28	25	16.48	1	1.00
48	23.09	24	16.06
47	22.90	23	15.62

Due to the Covid-19 crisis the Government has reduced the minimum annual payment required for market-linked pensions in the 2019-20 to the 2022-23 financial years.