Income Tax Assessment (1997 Act) Regulations 2021

SCHEDULES

SCHEDULE 1AA  

Note: See subsection 293-115.20(2) .


WORKING OUT DEFINED BENEFIT CONTRIBUTIONS

PART 3 - VALUATION PARAMETERS  

18  

18   Mortality of pensioners  
The following table sets out the rates of pensioner mortality ( qx ) that are to be assumed.


Pensioner mortality (qx) rates
Item Age qx
1 35-49 0.003
2 50-54 0.004
3 55 0.005
4 56 0.006
5 57 0.006
6 58 0.007
7 59 0.008
8 60 0.008
9 61 0.009
10 62 0.010
11 63 0.012
12 64 0.013
13 65 0.014
14 66 0.016
15 67 0.017
16 68 0.019
17 69 0.021
18 70 0.023
19 71 0.026
20 72 0.029
21 73 0.032
22 74 0.035
23 75 0.039
24 76 0.043
25 77 0.048
26 78 0.053
27 79 0.059
28 80 0.064
29 81 0.070
30 82 0.077
31 83 0.085
32 84 0.095
33 85 0.106
34 86 0.116
35 87 0.128
36 88 0.139
37 89 0.149
38 90 0.159
39 91 0.168
40 92 0.176
41 93 0.184
42 94 0.193
43 95 0.202
44 96 0.211
45 97 0.219
46 98 0.228
47 99 0.236
48 100 1.000

 

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