The Government Annuity Tables Order 1977

Article 3

SCHEDULE 1

Tables showing the sum for which an immediate life annuity of £1, payable quarterly, could have been bought under Part II of the Government Annuities Act 1929 (c. 29) if the power to grant such annuities had not been terminated by section 33(1) of the Finance Act 1962 (c. 44).

In the tables below “age last birthday” means the age in completed years, at the time of the notional purchase of the annuity, of the person upon whose life the annuity is to depend.

TABLE C.423

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 1/2 per cent. Consolidated Stock is £19 1/4.

Age last birthday	Males	Females
16	7·57	7·58
17	7·57	7·57
18	7·56	7·57
19	7·56	7·57
20	7·56	7·56
21	7·55	7·56
22	7·55	7·56
23	7·54	7·56
24	7·54	7·55
25	7·53	7·55
26	7·53	7·54
27	7·52	7·54
28	7·51	7·54
29	7·50	7·53
30	7·50	7·52
31	7·49	7·52
32	7·48	7·51
33	7·46	7·50
34	7·45	7·49
35	7·43	7·48
36	7·42	7·47
37	7·40	7·46
38	7·38	7·45
39	7·36	7·44
40	7·34	7·42
41	7·31	7·40
42	7·28	7·39
43	7·26	7·37
44	7·22	7·35
45	7·19	7·33
46	7·15	7·30
47	7·12	7·28
48	7·07	7·25
49	7·03	7·22
50	6·98	7·18
51	6·93	7·15
52	6·88	7·11
53	6·82	7·07
54	6·76	7·03
55	6·69	6·98
56	6·62	6·93
57	6·55	6·87
58	6·47	6·82
59	6·38	6·75
60	6·30	6·68
61	6·20	6·61
62	6·11	6·54
63	6·01	6·46
64	5·90	6·37
65	5·79	6·28
66	5·68	6·18
67	5·56	6·08
68	5·43	5·98
69	5·31	5·86
70	5·18	5·75
71	5·04	5·63
72	4·91	5·50
73	4·77	5·37
74	4·63	5·24
75	4·48	5·10
76	4·34	4·96
77	4·19	4·81
78	4·05	4·67
79	3·90	4·52
80 or any greater age	3·76	4·36

TABLE C.424

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ percent. Consolidated Stock is £19 5/16 and £19 ⅝.

Age last birthday	Males	Females
16	7·70	7·71
17	7·70	7·70
18	7·69	7·70
19	7·69	7·70
20	7·68	7·70
21	7·68	7·69
22	7·68	7·69
23	7·67	7·69
24	7·67	7·68
25	7·66	7·68
26	7·66	7·68
27	7·65	7·67
28	7·64	7·66
29	7·63	7·66
30	7·62	7·65
31	7·61	7·65
32	7·48	7·51
33	7·59	7·63
34	7·57	7·62
35	7·56	7·61
36	7·54	7·60
37	7·52	7·59
38	7·50	7·57
39	7·48	7·56
40	7·46	7·54
41	7·43	7·53
42	7·40	7·51
43	7·37	7·49
44	7·34	7·47
45	7·30	7·44
46	7·26	7·42
47	7·22	7·39
48	7·18	7·36
49	7·14	7·33
50	7·08	7·30
51	7·03	7·26
52	6·98	7·22
53	6·92	7·18
54	6·85	7·13
55	6·78	7·08
56	6·71	7·03
57	6·64	6·97
58	6·55	6·91
59	6·47	6·85
60	6·38	6·78
61	6·28	6·70
62	6·18	6·63
63	6·08	6·54
64	5·97	6·45
65	5·86	6·36
66	5·74	6·26
67	5·62	6·16
68	5·49	6·05
69	5·36	5·93
70	5·23	5·82
71	5·09	5·69
72	4·95	5·56
73	4·81	5·43
74	4·67	5·29
75	4·52	5·15
76	4·38	5·01
77	4·23	4·86
78	4·08	4·71
79	3·93	4·56
80 or any greater age	3·78	4·40

TABLE C.425

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £19 ⅝, or between £19⅝ and £20.

Age last birthday	Males	Females
16	7·84	7·84
17	7·83	7·84
18	7·83	7·84
19	7·82	7·83
20	7·82	7·83
21	7·82	7·83
22	7·81	7·82
23	7·81	7·82
24	7·80	7·82
25	7·80	7·81
26	7·79	7·81
27	7·78	7·80
28	7·77	7·80
29	7·76	7·79
30	7·75	7·79
31	7·74	7·78
32	7·73	7·77
33	7·72	7·76
34	7·70	7·75
35	7·68	7·74
36	7·67	7·73
37	7·65	7·72
38	7·63	7·70
39	7·60	7·69
40	7·58	7·67
41	7·55	7·65
42	7·52	7·63
43	7·49	7·61
44	7·46	7·59
45	7·42	7·57
46	7·38	7·54
47	7·34	7·51
48	7·29	7·48
49	7·24	7·45
50	7·19	7·41
51	7·14	7·38
52	7·08	7·33
53	7·02	7·29
54	6·95	7·24
55	6·88	7·19
56	6·81	7·14
57	6·73	7·08
58	6·64	7·01
59	6·55	6·95
60	6·46	6·87
61	6·36	6·80
62	6·26	6·72
63	6·15	6·63
64	6·04	6·54
65	5·93	6·44
66	5·81	6·34
67	5·68	6·23
68	5·55	6·12
69	5·42	6·00
70	5·28	5·88
71	5·14	5·76
72	5·00	5·62
73	4·86	5·49
74	4·71	5·35
75	4·56	5·20
76	4·41	5·06
77	4·26	4·91
78	4·11	4·75
79	3·96	4·60
80 or any greater age	3·81	4·44

TABLE C.426

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £20, or between £20 and £20⅜

Age last birthday	Males	Females
16	7·98	7·98
17	7·97	7·98
18	7·97	7·98
19	7·96	7·97
20	7·96	7·97
21	7·96	7·97
22	7·95	7·96
23	7·94	7·96
24	7·94	7·96
25	7·93	7·95
26	7·93	7·95
27	7·92	7·94
28	7·91	7·94
29	7·90	7·93
30	7·89	7·92
31	7·88	7·92
32	7·86	7·91
33	7·85	7·90
34	7·83	7·89
35	7·82	7·88
36	7·80	7·86
37	7·78	7·85
38	7·76	7·84
39	7·73	7·82
40	7·70	7·80
41	7·68	7·78
42	7·64	7·76
43	7·61	7·74
44	7·58	7·72
45	7·54	7·69
46	7·50	7·66
47	7·45	7·64
48	7·41	7·60
49	7·36	7·57
50	7·30	7·53
51	7·25	7·49
52	7·18	7·45
53	7·12	7·40
54	7·05	7·35
55	6·98	7·30
56	6·90	7·24
57	6·82	7·18
58	6·73	7·12
59	6·64	7·05
60	6·55	6·97
61	6·45	6·89
62	6·34	6·81
63	6·23	6·72
64	6·12	6·63
65	6·00	6·53
66	5·87	6·42
67	5·74	6·31
68	5·61	6·20
69	5·48	6·08
70	5·34	5·95
71	5·20	5·82
72	5·05	5·69
73	4·90	5·55
74	4·76	5·41
75	4·60	5·26
76	4·45	5·11
77	4·30	4·95
78	4·15	4·80
79	3·99	4·64
80 or any greater age	3·84	4·48

TABLE C. 427

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £20⅜ or between £20⅜ and £20¾.

Age last birthday	Males	Females
16	8·12	8·13
17	8·12	8·13
18	8·11	8·12
19	8·11	8·12
20	8·10	8·12
21	8·10	8·11
22	8·09	8·11
23	8·09	8·11
24	8·08	8·10
25	8·08	8·10
26	8·07	8·09
27	8·06	8·09
28	8·05	8·08
29	8·04	8·07
30	8·03	8·07
31	8·02	8·06
32	8·00	8·05
33	7·99	8·04
34	7·97	8·03
35	7·95	8·02
36	7·93	8·00
37	7·91	7·99
38	7·89	7·97
39	7·86	7·96
40	7·84	7·94
41	7·81	7·92
42	7·77	7·90
43	7·74	7·87
44	7·70	7·85
45	7·66	7·82
46	7·62	7·79
47	7·57	7·76
48	7·52	7·73
49	7·47	7·69
50	7·42	7·65
51	7·36	7·61
52	7·29	7·57
53	7·23	7·52
54	7·16	7·47
55	7·08	7·41
56	7·00	7·35
57	6·92	7·29
58	6·83	7·22
59	6·73	7·15
60	6·63	7·07
61	6·53	6·99
62	6·42	6·91
63	6·31	6·81
64	6·19	6·72
65	6·07	6·61
66	5·94	6·51
67	5·81	6·39
68	5·68	6·27
69	5·54	6·15
70	5·40	6·02
71	5·25	5·89
72	5·10	5·75
73	4·95	5·61
74	4·80	5·46
75	4·65	5·31
76	4·49	5·16
77	4·34	5·00
78	4·18	4·84
79	4·02	4·68
80 or any greater age	3·87	4·52

TABLE C.428

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £20¾ or between £20¾ and £21⅛.

Age last birthday	Males	Females
16	8·28	8·28
17	8·27	8·28
18	8·26	8·28
19	8·26	8·27
20	8·25	8·27
21	8·25	8·27
22	8·24	8·26
23	8·24	8·26
24	8·23	8·25
25	8·22	8·25
26	8·22	8·24
27	8·21	8·24
28	8·20	8·23
29	8·19	8·22
30	8·17	8·21
31	8·16	8·21
32	8·15	8·20
33	8·13	8·19
34	8·11	8·17
35	8·09	8·16
36	8·07	8·15
37	8·05	8·13
38	8·03	8·12
39	8·00	8·10
40	7·97	8·08
41	7·94	8·06
42	7·91	8·04
43	7·87	8·01
44	7·83	7·99
45	7·79	7·76
46	7·74	7·93
47	7·70	7·89
48	7·65	7·86
49	7·59	7·82
50	7·53	7·78
51	7·47	7·74
52	7·41	7·69
53	7·34	7·64
54	7·26	7·59
55	7·19	7·53
56	7·10	7·47
57	7·02	7·40
58	6·92	7·33
59	6·83	7·26
60	6·72	7·18
61	6·62	7·09
62	6·51	7·00
63	6·39	6·91
64	6·27	6·81
65	6·14	6·70
66	6·01	6·59
67	5·88	6·48
68	5·74	6·35
69	5·60	6·23
70	5·45	6·10
71	5·30	5·96
72	5·15	5·82
73	5·00	5·67
74	4·85	5·52
75	4·69	5·37
76	4·53	5·21
77	4·37	5·05
78	4·21	4·89
79	4·06	4·72
80 or any greater age	3·90	4·56

TABLE C.429

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £ 21⅛ or between £21⅛ and £21 9/16.

Age last birthday	Males	Females
16	8·43	8·44
17	8·43	8·44
18	8·42	8·43
19	8·42	8·43
20	8·41	8·43
21	8·41	8·42
22	8·40	8·42
23	8·39	8·41
24	8·39	8·14
25	8·38	8·40
26	8·37	8·40
27	8·36	8·39
28	8·35	8·38
29	8·34	8·38
30	8·33	8·37
31	8·31	8·36
32	8·30	8·35
33	8·28	8·34
34	8·26	8·33
35	8·24	8·31
36	8·22	8·30
37	8·19	8·28
38	8·17	8·26
39	8·14	8·25
40	8·11	8·23
41	8·08	8·20
42	8·04	8·18
43	8·00	8·15
44	7·96	8·13
45	7·92	8·10
46	7·87	8·07
47	7·82	8·03
48	7·77	7·99
49	7·71	7·96
50	7·65	7·91
51	7·59	7·87
52	7·52	7·82
53	7·45	7·77
54	7·37	7·71
55	7·29	7·65
56	7·21	7·59
57	7·12	7·52
58	7·02	7·45
59	6·92	7·37
60	6·82	7·29
61	6·71	7·20
62	6·59	7·10
63	6·47	7·01
64	6·35	6·90
65	6·22	6·79
66	6·09	6·68
67	5·95	6·56
68	5·81	6·43
69	5·66	6·30
70	5·51	6·17
71	5·36	6·03
72	5·21	5·88
73	5·05	5·74
74	4·89	5·58
75	4·73	5·43
76	4·57	5·27
77	4·41	5·10
78	4·25	4·94
79	4·09	4·77
80 or any greater age	3·93	4·60

TABLE C.430

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £21 9/16 or between £21 9/16; and £22.

Age last birthday	Males	Females
16	8·60	8·61
17	8·59	8·60
18	8·58	8·60
19	8·58	8·59
20	8·57	8·59
21	8·57	8·59
22	8·56	8·58
23	8·55	8·58
24	8·55	8·57
25	8·54	8·57
26	8·53	8·56
27	8·52	8·55
28	8·51	8·55
29	8·50	8·54
30	8·48	8·53
31	8·47	8·52
32	8·45	8·51
33	8·43	8·50
34	8·41	8·48
35	8·39	8·47
36	8·37	8·45
37	8·34	8·44
38	8·32	8·42
39	8·29	8·40
40	8·26	8·38
41	8·22	8·35
42	8·18	8·33
43	8·14	8·30
44	8·10	8·27
45	8·06	8·24
46	8·01	8·21
47	7·96	8·17
48	7·90	8·13
49	7·84	8·09
50	7·78	8·05
51	7·71	8·00
52	7·64	7·95
53	7·57	7·90
54	7·49	7·84
55	7·40	7·78
56	7·32	7·71
57	7·22	7·64
58	7·12	7·56
59	7·02	7·48
60	6·91	7·40
61	6·80	7·30
62	6·68	7·21
63	6·56	7·11
64	6·43	7·00
65	6·30	6·89
66	6·16	6·77
67	6·02	6·65
68	5·87	6·52
69	5·72	6·38
70	5·57	6·25
71	5·42	6·10
72	5·26	5·95
73	5·10	5·80
74	4·94	5·64
75	4·78	5·48
76	4·61	5·32
77	4·45	5·15
78	4·29	4·98
79	4·12	4·81
80 or any greater age	3·96	4·64

TABLE C.431

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £22 or between £22 and £22 7/16.

Age last birthday	Males	Females
16	8·77	8·78
17	8·76	8·77
18	8·75	8·77
19	8·75	8·76
20	8·74	8·76
21	8·74	8·76
22	8·73	8·75
23	8·72	8·75
24	8·71	8·74
25	8·71	8·73
26	8·70	8·73
27	8·68	8·72
28	8·67	8·71
29	8·66	8·70
30	8·65	8·70
31	8·63	8·68
32	8·61	8·67
33	8·59	8·66
34	8·57	8·64
35	8·55	8·63
36	8·53	8·61
37	8·50	8·60
38	8·47	8·58
39	8·44	8·56
40	8·41	8·53
41	8·37	8·51
42	8·33	8·48
43	8·29	8·45
44	8·24	8·42
45	8·20	8·39
46	8·15	8·36
47	8·09	8·32
48	8·03	8·28
49	7·97	8·24
50	7·91	8·19
51	7·84	8·14
52	7·76	8·09
53	7·69	8·03
54	7·61	7·97
55	7·52	7·90
56	7·43	7·83
57	7·33	7·76
58	7·23	7·68
59	7·12	7·60
60	7·01	7·51
61	6·89	7·41
62	6·77	7·32
63	6·64	7·21
64	6·51	7·10
65	6·38	6·98
66	6·24	6·86
67	6·09	6·74
68	5·94	6·60
69	5·79	6·47
70	5·63	6·32
71	5·48	6·18
72	5·31	6·02
73	5·15	5·87
74	4·99	5·71
75	4·82	5·54
76	4·66	5·38
77	4·49	5·21
78	4·32	5·03
79	4·16	4·86
80 or any greater age	3·99	4·68

TABLE C.432

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 1/2 percent. Consolidated Stock is £22 7/16 or between £22 7/16; and £22 15/16;

Age last birthday	Males	Females
16	8·95	8·96
17	8·94	8·95
18	8·93	8·95
19	8·92	8·94
20	8·92	8·94
21	8·91	8·93
22	8·90	8·93
23	8·90	8·92
24	8·89	8·92
25	8·88	8·91
26	8·87	8·90
27	8·86	8·89
28	8·84	8·89
29	8·83	8·88
30	8·81	8·87
31	8·80	8·86
32	8·78	8·84
33	8·76	8·83
34	8·74	8·81
35	8·71	8·80
36	8·69	8·78
37	8·66	8·76
38	8·63	8·74
39	8·60	8·72
40	8·56	8·70
41	8·52	8·67
42	8·48	8·64
43	8·44	8·61
44	8·39	8·58
45	8·34	8·55
46	8·29	8·51
47	8·23	8·47
48	8·17	8·43
49	8·11	8·38
50	8·04	8·33
51	7·97	8·28
52	7·89	8·23
53	7·81	8·17
54	7·73	8·10
55	7·64	8·04
56	7·54	7·96
57	7·44	7·89
58	7·34	7·80
59	7·23	7·72
60	7·11	7·63
61	6·99	7·53
62	6·86	7·43
63	6·73	7·32
64	6·60	7·20
65	6·46	7·08
66	6·31	6·96
67	6·17	6·83
68	6·01	6·69
69	5·86	6·55
70	5·70	6·40
71	5·53	6·25
72	5·37	6·10
73	5·20	5·94
74	5·04	5·77
75	4·87	5·60
76	4·70	5·43
77	4·53	5·26
78	4·36	5·08
79	4·19	4·90
80 or any greater age	4·02	4·73

TABLE C.433

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £22 15/16 or between £22 15/16 and £23 7/16.

Age last birthday	Males	Females
16	9·13	9·14
17	9·12	9·14
18	9·12	9·13
19	9·11	9·13
20	9·10	9·12
21	9·09	9·12
22	9·09	9·11
23	9·08	9·11
24	9·07	9·10
25	9·06	9·09
26	9·05	9·09
27	9·03	9·08
28	9·02	9·07
29	9·01	9·06
30	8·99	9·05
31	8·97	9·03
32	8·95	9·02
33	8·93	9·01
34	8·91	8·99
35	8·88	8·97
36	8·86	8·95
37	8·83	8·93
38	8·79	8·91
39	8·76	8·89
40	8·72	8·86
41	8·68	8·84
42	8·64	8·81
43	8·59	8·78
44	8·54	8·74
45	8·49	8·71
46	8·44	8·67
47	8·38	8·63
48	8·31	8·58
49	8·25	8·53
50	8·18	8·48
51	8·10	8·43
52	8·02	8·37
53	7·94	8·31
54	7·85	8·24
55	7·76	8·17
56	7·66	8·10
57	7·55	8·02
58	7·45	7·93
59	7·33	7·84
60	7·21	7·75
61	7·09	7·64
62	6·96	7·54
63	6·82	7·43
64	6·69	7·31
65	6·54	7·18
66	6·39	7·06
67	6·24	6·92
68	6·08	6·78
69	5·92	6·63
70	5·76	6·48
71	5·60	6·33
72	5·43	6·17
73	5·26	6·00
74	5·09	5·84
75	4·92	5·67
76	4·74	5·49
77	4·57	5·31
78	4·40	5·13
79	4·23	4·95
80 or any greater age	4·06	4·77

TABLE C.434

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £23 7/16 or between £23 7/16 and £23 15/16.

Age last birthday	Males	Females
16	9·32	9·34
17	9·32	9·33
18	9·31	9·33
19	9·30	9·32
20	9·29	9·32
21	9·28	9·31
22	9·28	9·30
23	9·27	9·30
24	9·26	9·29
25	9·25	9·28
26	9·23	9·28
27	9·22	9·27
28	9·21	9·26
29	9·19	9·25
30	9·17	9·23
31	9·15	9·22
32	9·13	9·21
33	9·11	9·19
34	9·09	9·17
35	9·06	9·16
36	9·03	9·14
37	9·00	9·11
38	8·96	9·09
39	8·93	9·07
40	8·89	9·04
41	8·85	9·01
42	8·80	8·98
43	8·75	8·95
44	8·70	8·91
45	8·65	8·87
46	8·59	8·83
47	8·53	8·79
48	8·46	8·74
49	8·39	8·69
50	8·32	8·64
51	8·24	8·58
52	8·16	8·52
53	8·07	8·46
54	7·98	8·39
55	7·88	8·31
56	7·78	8·23
57	7·67	8·15
58	7·56	8·06
59	7·44	7·97
60	7·32	7·87
61	7·19	7·76
62	7·06	7·65
63	6·92	7·54
64	6·78	7·42
65	6·63	7·29
66	6·47	7·16
67	6·32	7·02
68	6·16	6·87
69	5·99	6·72
70	5·83	6·57
71	5·66	6·41
72	5·49	6·24
73	5·31	6·08
74	5·14	5·90
75	4·96	5·73
76	4·79	5·55
77	4·61	5·37
78	4·43	5·18
79	4·26	5·00
80 or any greater age	4·09	4·82

TABLE C.435

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £23 15/16 or between £23 15/16 and £24 ½.

Age last birthday	Males	Females
16	9·53	9·54
17	9·52	9·53
18	9·51	9·53
19	9·50	9·52
20	9·49	9·52
21	9·48	9·51
22	9·47	9·50
23	9·46	9·50
24	9·45	9·49
25	9·44	9·48
26	9·43	9·47
27	9·41	9·46
28	9·40	9·45
29	9·38	9·44
30	9·36	9·43
31	9·34	9·41
32	9·32	9·40
33	9·30	9·38
34	9·27	9·36
35	9·24	9·35
36	9·21	9·32
37	9·18	9·30
38	9·14	9·28
39	9·10	9·25
40	9·06	9·22
41	9·02	9·19
42	8·97	9·16
43	8·92	9·12
44	8·87	9·09
45	8·81	9·05
46	8·75	9·00
47	8·68	8·96
48	8·61	8·91
49	8·54	8·86
50	8·46	8·80
51	8·38	8·74
52	8·30	8·68
53	8·21	8·61
54	8·11	8·54
55	8·01	8·46
56	7·90	8·38
57	7·79	8·29
58	7·68	8·20
59	7·55	8·10
60	7·43	8·00
61	7·29	7·89
62	7·16	7·77
63	7·01	7·65
64	6·87	7·53
65	6·71	7·40
66	6·56	7·26
67	6·40	7·12
68	6·23	6·97
69	6·07	6·81
70	5·89	6·65
71	5·72	6·49
72	5·54	6·32
73	5·37	6·15
74	5·19	5·97
75	5·01	5·79
76	4·83	5·61
77	4·65	5·42
78	4·47	5·24
79	4·30	5·05
80 or any greater age	4·12	4·86

TABLE C.436

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £24 ½ or between £24 ½ and £25 1/16.

Age last birthday	Males	Females
16	9·74	9·75
17	9·73	9·75
18	9·72	9·74
19	9·71	9·73
20	9·70	9·73
21	9·69	9·72
22	9·68	9·71
23	9·67	9·71
24	9·66	9·70
25	9·65	9·69
26	9·63	9·68
27	9·62	9·67
28	9·60	9·66
29	9·58	9·65
30	9·56	9·63
31	9·54	9·62
32	9·52	9·60
33	9·49	9·58
34	9·46	9·56
35	9·43	9·54
36	9·40	9·52
37	9·36	9·50
38	9·33	9·47
39	9·29	9·44
40	9·24	9·41
41	9·20	9·38
42	9·15	9·34
43	9·09	9·31
44	9·04	9·27
45	8·98	9·23
46	8·91	9·18
47	8·84	9·13
48	8·77	9·08
49	8·70	9·02
50	8·62	8·97
51	8·53	8·90
52	8·44	8·84
53	8·35	8·77
54	8·25	8·69
55	8·14	8·61
56	8·03	8·52
57	7·92	8·43
58	7·80	8·34
59	7·67	8·24
60	7·54	8·13
61	7·40	8·02
62	7·26	7·90
63	7·11	7·77
64	6·96	7·64
65	6·80	7·51
66	6·64	7·36
67	6·48	7·22
68	6·31	7·06
69	6·14	6·90
70	5·96	6·74
71	5·79	6·57
72	5·61	6·40
73	5·42	6·22
74	5·24	6·04
75	5·06	5·86
76	4·88	5·67
77	4·69	5·48
78	4·51	5·29
79	4·33	5·10
80 or any greater age	4·16	4·91

TABLE C.437

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £25 1/16 or between £25 1/16 and £25 5/8.

Age last birthday	Males	Females
16	9·96	9·98
17	9·95	9·97
18	9·94	9·96
19	9·93	9·95
20	9·92	9·95
21	9·91	9·94
22	9·90	9·93
23	9·88	9·92
24	9·87	9·92
25	9·86	9·91
26	9·84	9·90
27	9·83	9·88
28	9·81	9·87
29	9·79	9·86
30	9·77	9·84
31	9·74	9·83
32	9·72	9·81
33	9·69	9·79
34	9·66	9·77
35	9·63	9·75
36	9·60	9·72
37	9·56	9·70
38	9·52	9·67
39	9·48	9·64
40	9·43	9·61
41	9·38	9·61
42	9·33	9·54
43	9·27	9·50
44	9·21	9·46
45	9·15	9·41
46	9·08	9·36
47	9·01	9·31
48	8·94	9·26
49	8·86	9·20
50	8·77	9·14
51	8·68	9·07
52	8·59	9·00
53	8·49	8·93
54	8·39	8·85
55	8·28	8·77
56	8·17	8·68
57	8·05	8·58
58	7·92	8·48
59	7·79	8·38
60	7·65	8·26
61	7·51	8·15
62	7·37	8·02
63	7·21	7·90
64	7·06	7·76
65	6·90	7·62
66	6·73	7·47
67	6·56	7·32
68	6·39	7·16
69	6·21	7·00
70	6·03	6·83
71	5·85	6·66
72	5·67	6·48
73	5·48	6·30
74	5·30	6·11
75	5·11	5·93
76	4·92	5·73
77	4·74	5·54
78	4·55	5·35
79	4·37	5·15
80 or any greater age	4·19	4·95

TABLE C.438

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £25 ⅝ or between £25 ⅝ and £26 ¼

Age last birthday	Males	Females
16	10·19	10·21
17	10·18	10·20
18	10·16	10·19
19	10·15	10·19
20	10·14	10·18
21	10·13	10·17
22	10·12	10·16
23	10·11	10·15
24	10·10	10·14
25	10·08	10·13
26	10·06	10·12
27	10·05	10·11
28	10·03	10·10
29	10·01	10·08
30	9·98	10·07
31	9·96	10·05
32	9·93	10·03
33	9·90	10·01
34	9·87	9·99
35	9·84	9·96
36	9·80	9·94
37	9·76	9·91
38	9·72	9·88
39	9·67	9·85
40	9·62	9·81
41	9·57	9·78
42	9·52	9·74
43	9·46	9·70
44	9·40	9·65
45	9·33	9·61
46	9·26	9·56
47	9·18	9·50
48	9·11	9·44
49	9·02	9·38
50	8·93	9·32
51	8·84	9·25
52	8·74	9·18
53	8·64	9·10
54	8·53	9·01
55	8·42	8·93
56	8·30	8·83
57	8·18	8·73
58	8·05	8·63
59	7·91	8·52
60	7·77	8·40
61	7·63	8·28
62	7·47	8·15
63	7·32	8·02
64	7·16	7·88
65	6·99	7·74
66	6·82	7·58
67	6·65	7·43
68	6·47	7·26
69	6·29	7·10
70	6·10	6·92
71	5·92	6·75
72	5·73	6·56
73	5·54	6·38
74	5·35	6·19
75	5·16	6·00
76	4·97	5·80
77	4·78	5·60
78	4·59	5·40
79	4·41	5·20
80 or any greater age.	4·22	5·00

TABLE C.439

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £26 ¼ or between £26 ¼ and £26 15/16.

Age last birthday	Males	Females
16	10·43	10·45
17	10·42	10·44
18	10·40	10·44
19	10·39	10·43
20	10·38	10·42
21	10·37	10·41
22	10·36	10·40
23	10·34	10·39
24	10·33	10·38
25	10·31	10·37
26	10·30	10·36
27	10·28	10·34
28	10·26	10·33
29	10·23	10·31
30	10·21	10·30
31	10·18	10·28
32	10·15	10·26
33	10·12	10·24
34	10·09	10·21
35	10·05	10·19
36	10·01	10·16
37	9·97	10·13
38	9·93	10·10
39	9·88	10·07
40	9·83	10·03
41	9·77	9·99
42	9·71	9·95
43	9·65	9·90
44	9·59	9·86
45	9·52	9·81
46	9·44	9·75
47	9·36	9·70
48	9·28	9·64
49	9·19	9·57
50	9·10	9·50
51	9·00	9·43
52	8·90	9·35
53	8·80	9·27
54	8·68	9·18
55	8·57	9·09
56	8·44	9·00
57	8·31	8·89
58	8·18	8·78
59	8·04	8·67
60	7·89	8·55
61	7·74	8·42
62	7·59	8·29
63	7·43	8·15
64	7·26	8·01
65	7·09	7·86
66	6·91	7·70
67	6·73	7·54
68	6·55	7·37
69	6·37	7·20
70	6·18	7·02
71	5·99	6·83
72	5·80	6·65
73	5·60	6·46
74	5·41	6·26
75	5·21	6·07
76	5·02	5·86
77	4·83	5·66
78	4·64	5·46
79	4·45	5·26
80 or any greater age	4·26	5·05

TABLE C.440

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £26 15/16 or between £27 ⅝.

Age last birthday	Males	Females
16	10·68	10·71
17	10·67	10·70
18	10·66	10·69
19	10·64	10·68
20	10·63	10·67
21	10·62	10·66
22	10·60	10·65
23	10·59	10·64
24	10·57	10·63
25	10·56	10·62
26	10·54	10·61
27	10·52	10·59
28	10·49	10·57
29	10·47	10·56
30	10·44	10·54
31	10·41	10·52
32	10·38	10·50
33	10·35	10·47
34	10·31	10·45
35	10·28	10·42
36	10·23	10·39
37	10·19	10·36
38	10·14	10·33
39	10·09	10·29
40	10·04	10·25
41	9·98	10·21
42	9·92	10·17
43	9·85	10·12
44	9·78	10·07
45	9·71	10·02
46	9·63	9·96
47	9·55	9·90
48	9·46	9·84
49	9·37	9·77
50	9·27	9·70
51	9·17	9·62
52	9·07	9·54
53	8·96	9·45
54	8·84	9·36
55	8·72	9·27
56	8·59	9·16
57	8·45	9·06
58	8·31	8·94
59	8·17	8·82
60	8·02	8·70
61	7·86	8·57
62	7·70	8·43
63	7·54	8·28
64	7·36	8·14
65	7·19	7·98
66	7·01	7·82
67	6·82	7·65
68	6·64	7·48
69	6·45	7·30
70	6·25	7·11
71	6·06	6·93
72	5·86	6·73
73	5·66	6·54
74	5·47	6·34
75	5·27	6·14
76	5·07	5·93
77	4·87	5·73
78	4·68	5·52
79	4·49	5·31
80 or any greater age	4·30	5·10

TABLE C.441

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2 ½ per cent. Consolidated Stock is £27 ⅝ or between £27 ⅝ and £28 ⅜.

Age last birthday	Males	Females
16	10·95	10·98
17	10·93	10·97
18	10·92	10·96
19	10·91	10·95
20	10·89	10·94
21	10·88	10·93
22	10·86	10·92
23	10·85	10·91
24	10·83	10·89
25	10·81	10·88
26	10·79	10·86
27	10·77	10·85
28	10·74	10·83
29	10·72	10·81
30	10·69	10·79
31	10·66	10·77
32	10·63	10·75
33	10·59	10·72
34	10·55	10·69
35	10·51	10·67
36	10·47	10·63
37	10·42	10·60
38	10·37	10·56
39	10·31	10·53
40	10·26	10·49
41	10·19	10·44
42	10·13	10·39
43	10·06	10·34
44	9·99	10·29
45	9·91	10·23
46	9·83	10·17
47	9·74	10·11
48	9·65	10·04
49	9·55	9·97
50	9·45	9·90
51	9·35	9·82
52	9·24	9·73
53	9·12	9·64
54	9·00	9·54
55	8·87	9·44
56	8·74	9·34
57	8·60	9·22
58	8·45	9·11
59	8·30	8·98
60	8·15	8·85
61	7·99	8·71
62	7·82	8·57
63	7·65	8·42
64	7·47	8·27
65	7·29	8·11
66	7·11	7·94
67	6·92	7·77
68	6·72	7·59
69	6·53	7·40
70	6·33	7·21
71	6·13	7·02
72	5·93	6·82
73	5·73	6·62
74	5·52	6·42
75	5·32	6·21
76	5·12	6·00
77	5·92	5·79
78	4·72	5·58
79	4·53	5·36
80 or any greater age	4·33	5·15

TABLE C.442

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £28 ⅜ or between £28 ⅜ and £29 ⅛.

Age last birthday	Males	Females
16	11·22	11·26
17	11·21	11·25
18	11·20	11·24
19	11·18	11·23
20	11·17	11·22
21	11·15	11·21
22	11·13	11·19
23	11·12	11·18
24	11·10	11·17
25	11·08	11·15
26	11·06	11·14
27	11·03	11·12
28	11·00	11·10
29	10·98	11·08
30	10·95	11·06
31	10·91	11·03
32	10·88	11·01
33	10·84	10·98
34	10·80	10·95
35	10·75	10·92
36	10·71	10·89
37	10·66	10·85
38	10·60	10·81
39	10·55	10·77
40	10·48	10·73
41	10·42	10·68
42	10·35	10·63
43	10·28	10·58
44	10·20	10·52
45	10·12	10·46
46	10·03	10·40
47	9·94	10·33
48	9·85	10·26
49	9·75	10·18
50	9·64	10·10
51	9·53	10·02
52	9·41	9·93
53	9·29	9·83
54	9·16	9·73
55	9·03	9·63
56	8·89	9·52
57	8·75	9·40
58	8·60	9·28
59	8·44	9·15
60	8·28	9·01
61	8·11	8·87
62	7·94	8·72
63	7·76	8·56
64	7·58	8·40
65	7·40	8·24
66	7·20	8·06
67	7·01	7·88
68	6·81	7·70
69	6·61	7·51
70	6·41	7·32
71	6·20	7·12
72	6·00	6·91
73	5·79	6·71
74	5·58	6·50
75	5·38	6·29
76	5·17	6·07
77	4·97	5·85
78	4·77	5·64
79	4·57	5·42
80 or any greater age	4·37	5·20

TABLE C. 443

Cost of an immediate life annuity of £1, payable quarterly, when the average price of £100 of 2½ per cent. Consolidated Stock is £29 ⅛ or between £29 ⅜ and £29 ⅜.

Age last birthday	Males	Females
16	11·52	11·56
17	11·50	11·54
18	11·49	11·53
19	11·47	11·52
20	11·45	11·51
21	11·44	11·50
22	11·42	11·48
23	11·40	11·47
24	11·38	11·46
25	11·36	11·44
26	11·33	11·42
27	11·31	11·40
28	11·28	11·38
29	11·25	11·36
30	11·22	11·34
31	11·18	11·31
32	11·14	11·28
33	11·10	11·25
34	11·06	11·22
35	11·01	11·19
36	10·96	11·15
37	10·91	11·11
38	10·85	11·07
39	10·79	11·03
40	10·72	10·98
41	10·65	10·93
42	10·58	10·88
43	10·50	10·82
44	10·42	10·76
45	10·34	10·70
46	10·25	10·63
47	10·15	10·56
48	10·05	10·48
49	9·94	10·40
50	9·83	10·32
51	9·72	10·23
52	9·60	10·14
53	9·47	10·04
54	9·34	9·93
55	9·20	9·82
56	9·05	9·70
57	8·90	9·58
58	8·75	9·45
59	8·59	9·32
60	8·42	9·17
61	8·25	9·03
62	8·07	8·87
63	7·88	8·71
64	7·70	8·54
65	7·50	8·37
66	7·31	8·19
67	7·11	8·01
68	6·90	7·82
69	6·70	7·62
70	6·49	7·42
71	6·28	7·22
72	6·07	7·01
73	5·86	6·79
74	5·65	6·58
75	5·44	6·36
76	5·22	6·14
77	5·02	5·92
78	4·81	5·70
79	4·61	5·48
80 or any greater age	4·41	5·26

Article 4

SCHEDULE 2

Rules observed in framing the new tables set out in Schedule 1

The tables set out in Schedule 1 to this are based on an investigation into the mortality of life office annuitants during the period 1921–1948 by the Joint Continuous Mortality Investigation Committee of the Institute of Actuaries and the Faculty of Actuaries and published in their Journal and Transactions respectively. Subsequently the rates of mortality for ages 20 and above, allowing for improvement of mortality related to an annuity purchased in 1955, together with monetary functions at various rates of interest were published on behalf of the Institute and Faculty in a series of separate volumes entitled “The a(55) tables for annuitants”. The tables set out in Schedule 1 have been adapted from the a(55) tables to allow for the payment of quarterly instalments of annuity; no loading has been added to provide for any expenses that might have been incurred by the National Debt Commissioners in connection with the grant and payment of each annuity if the Commissioners were to resume the granting of such annuities.

The rates of mortality at ages below 20 have been calculated by reference to the relationship between the mortality of life office annuitants above that age and that of the population of England and Wales in 1950–52; the latter was investigated by the Government Actuary in a report dated 13th September 1956 and published as a Stationery Office publication.