Annuity Table, 1949

A mortality table of the likelihood a person of a certain age will die in the next year, taking into account the fact that people were living longer than they were when the Standard Annuity Table was published in 1937. It was used in determining one's eligibility for some insurance and annuity plans. It has since been replaced.

annuity table

a table that shows the effect of compound interest on an annually invested sum. Specifically, the table shows what the investment of the same amount of money on an annual basis at a fixed rate of interest for a certain number of years will accumulate to. For example, if £250 is invested at 10% at the end of each of the next 6 years, using the annuity table (which shows a figure of 7.716), it would accumulate to £250 x 7.716 = £1,929.

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References in periodicals archive

The SOA published an updated payout annuity table in 2012 called the 2012 Individual Annuity Mortality Table, or IAM Table for short.

Longer lives, bigger issues: for insurers, policyholders' increased longevity means risk and opportunity

Specifically, DU changed its health mortality table from the 1971 to the 1983 Group Annuity Table. The disabled mortality table changed from the 1956 Railroad Board Disabled Mortality table to the 1977 Railroad Board Disabled Mortality table.

Reclassification and reallocation alter administrative costs. (NPT 100)

The resulting number is a present value multiplier found on the annuity table. The multiplier is located on the row representing the number of years the cash flows will last.

Capital investment analysis

Over the long term, it is the larger companies that will be more affected by the new annuity table because they, rather than smaller companies, are spending time and effort on the payout business.

Approaching immortality: insurers calculate how a new mortality table assuming life expectancy of 120 years would affect their reserves, pricing and products. (Cover Story: Life Expectancy)

This amount is determined as follows using the present value factor from a standard annuity table for 12% and 24 quarters, and the quarterly cash flow stream of $2,952.37.

Asset valuation: a practical approach for decision making

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