Annuity Factor Calculator
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Discount Rate ( N.NN% )
Annual COLA ( N.NN% )
Annuity Type
Survivor Benefit Prct (%)
Payment Frequency
Certain Period (years)
Benefit Commencement Age
Primary Annuitant Age
Primary Annuitant Gender
Beneficiary Age
Beneficiary Gender
Valuation Year
Mortality Before BCA *
Mortality After BCA *
Projection Method
Projection Scale
Static Projection Years
Blend Mortality Rates?
Blending Male Percentage
Setback Years, Male
Setback Years, Female
(*) BCA = Benefit Commencement Age

About the Annuity Factor Calculator

The Society of Actuaries (SOA) developed the Annuity Factor Calculator to calculate an annuity factor using user-selected annuity forms, mortality tables and projection scales commonly used for defined benefit pension plans in the United States or Canada. This tool is designed to calculate relatively simple annuity factors for users who are accustomed to making actuarial calculations for defined benefit pension plans in the United States or Canada.

The Annuity Factor Calculator is not intended to replace actuarial valuation software or similar software used in the administration of defined benefit plans or pricing of insured annuities, and should not be used for such purposes.

For more information about technical terms as defined for use with this calculator, please see the Technical Terms.

Contact research@soa.org, with any questions or comments about the Annuity Factor Calculator.

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Mortality Tables

The Annuity Factor Calculator allows users to select any of the mortality tables listed below. For some of the tables, reports and background material are available. In addition, the tables are available in electronic form.

1951_GAM
1951 Group Annuity Mortality (GAM) Table (pages 262-265 in the 1951 Group Annuity Mortality Table Report). Ages 18-110. Base year 1951. MORT Tables # 809 & 890.
1971_GAM
1971 Group Annuity Mortality (GAM) Table (Table 10 on pages 583-584 in the 1971 Group Annuity Mortality Table Report). Ages 18-110. Base year 1971. MORT Tables # 817 & 818.
1983_GAM
1983 Group Annuity Mortality (GAM) Table (Tables 18-A and 18-B on pages 880-881 in the 1983 Group Annuity Mortality Table Report). Ages 18-110. Base year 1983. MORT Tables # 825 & 826.
1983_GAM_Basic
1983 Group Annuity Mortality (GAM) Basic Table (Tables 17-A and 17-B on pages 876-877 in the 1983 Group Annuity Mortality Table Report). Ages 18-110. Base year 1983. MORT Tables # 827 & 828.
UP84_unisex
Unisex Pension (UP) - 1984 (Table 10 on page 37 in the UP-1984 Unisex Mortality Table Report). Ages 18-110. Base year 1984. MORT Tables # 831.
RP1992_CombinedHealthy
Combined Healthy Participants - Central year 1992 rates used to develop RP-2000. Projection these rates to 2000 with Scale AA result in RP-2000 (Table 3-1 in the RP-2000 Mortality Tables Report). Ages 18-120. Base year 1992. MORT Tables # 987 & 991.
RP1992_Employee
Employee - Aggregate - Central year 1992 rates used to develop RP-2000. Projecting these rates to 2000 with Scale AA result in RP-2000 (Table 3-1 in the RP-2000 Mortality Tables Report). Ages 18-70. Base year 1992. MORT Tables # 985 & 989.
RP1992_HealthyAnnuit
Healthy Annuitant - Aggregate - Central year 1992 rates used to develop RP-2000. Projecting these rates to 2000 with Scale AA result in RP-2000 (Table 3-1 in the RP-2000 Mortality Tables Report). Ages 50-120. Base year 1992. MORT Tables # 986 & 990.
RP1992_Disabled
Disabled Retiree - Aggregate - Central year 1992 rates used to develop RP-2000. Projecting these rates to 2000 with Scale AA result in RP-2000 (Table 3-1 in the RP-2000 Mortality Tables Report). Ages 18-120. Base year 1992. MORT Tables # 988 & 992.
1994_GAM_Static
1994 Group Annuitant Mortality (GAM) Static (same as 1994 GAR). Includes a 7% mortality improvement from UP 94 at all but the oldest ages (older than 103) (Table 18 on pages 898-899 in the 1994 Group Annuity Mortality Table and 1994 Group Annuity Reserving Table Report). Basis: Age Nearest Birthday. Ages 18-120. MORT Tables # 834 & 835.
1994_GAR
1994 Group Annuity Reserving (or GAR-94) Table Combination of the GAM-94 Static Table and Projection Scale AA (Table 1 on pages 866-867 in the 1994 Group Annuity Mortality Table and 1994 Group Annuity Reserving Table Report). Ages 18-120. Base year 1994.
UP_94
1994 Uninsured Pensioner (UP-94) Mortality Table (formerly the 1994 GAM Basic Table). It is the same underlying mortality as the GAR-94 Table, but does not include the 7% margin (Table 3 on pages 824-826 in the 1994 Uninsured Pensioner Mortality Table Report). Basis: Age Nearest Birthday. Ages 18-120. Base year 1994. MORT Tables # 832 & 833.
RP2000_CombinedHealthy
RP-2000 Mortality Table - Aggregate - Combined Healthy (Table 4-5, 4-6 in the RP-2000 Mortality Tables Report). Ages 18-120. Base year 2000. MORT Tables # 987 & 991.
RP2000_Employee
RP-2000 Mortality Table - Aggregate - Employees (Table 4-5, 4-6 in the RP-2000 Mortality Tables Report). Ages 18-70. Base year 2000. MORT Tables # 1594 & 1597.
RP2000_HealthyAnnuit
RP-2000 Mortality Table - Aggregate - Healthy Annuitant (Table 4-5, 4-6 in the RP-2000 Mortality Tables Report). Ages 50-120. Base year 2000. MORT Tables # 1595 & 1598.
RP2000_Disabled
RP-2000 Mortality Table - Aggregate - Disabled Retiree, (Table 4-5, 4-6 in the RP-2000 Mortality Tables Report). Ages 18-120. Base year 2000. MORT Tables # 1596 & 1599.
RP2000_BlueCol
RP-2000 Mortality Table - Aggregate - Blue Collar, 1992 Base year Rates (Table S-1 in the Supplement to the RP-2000 Mortality Tables Report). Ages 18-120. Base year 2000. MORT Tables # 1556 & 1558.
RP2000_WhiteCol
RP-2000 Mortality Table - Aggregate - White Collar (Table S-2 in the Supplement to the RP-2000 Mortality Tables Report). Ages 18-120. Base year 2000. MORT Tables # 1555 & 1557.
RP2006_Employee
Total Dataset - Employee central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 18-80. Base year 2006.
RP2006_HealthyAnnuit
Total Dataset - Healthy Annuitant central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 50-120. Base year 2006.
RP2006_Disabled
Total Dataset - Disabled retiree central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 18-120. Base year 2006.
RP2006_BlueCol_Employee
Total Dataset - Blue Collar - Employee central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 18-80. Base year 2006.
RP2006_BlueCol_HealthyAnnuit
Total Dataset - Blue Collar - Healthy Annuitant central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 50-120. Base year 2006.
RP2006_WhiteCol_Employee
Total Dataset - White Collar - Employee central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 18-80. Base year 2006.
RP2006_WhiteCol_HealthyAnnuit
Total Dataset - White Collar - Healthy Annuitant central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 50-120. Base year 2006.
RP2006_Bot25%_Employee
Total Dataset - Bottom Quartile - Employee central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 18-80. Base year 2006.
RP2006_Bot25%_HealthyAnnuit
Total Dataset - Bottom Quartile - Healthy Annuitant central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 50-120. Base year 2006.
RP2006_Top25%_Employee
Total Dataset - Top Quartile - Employee central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 18-80. Base year 2006.
RP2006_Top25%_HealthyAnnuit
Total Dataset - Top Quartile - Healthy Annuitant central year 2006 rates used to develop RP-2014. Same as RP-2014 rates projected back to 2006 using MP-2014 (see RP-2006 Mortality Rates Document). Ages 50-120. Base year 2006.
PubG_2010_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted General Mortality Table - Employee. Ages 18-80. Base year 2010.
PubG_2010_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted General Mortality Table - Retiree. Ages 50-120. Base year 2010.
PubG_2010A_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted General Above-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubG_2010A_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted General Above-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubG_2010B_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted General Below-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubG_2010B_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted General Below-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubGH_2010_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted General Mortality Table - Employee. Ages 18-80. Base year 2010.
PubGH_2010_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted General Mortality Table - Retiree. Ages 50-120. Base year 2010.
PubGH_2010A_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted General Above-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubGH_2010A_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted General Above-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubGH_2010B_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted General Below-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubGH_2010B_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted General Below-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubNS_2010_Disabled
Exposure draft August 2018: Pub-2010 Amount-weighted Non-Safety Mortality Table - Disabled Retiree. Ages 18-120. Base year 2010.
PubNSH_2010_Disabled
Exposure draft August 2018: Pub-2010 Headcount-weighted Non-Safety Mortality Table - Disabled Retiree. Ages 18-120. Base year 2010.
PubS_2010_Disabled
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Mortality Table - Disabled Retiree. Ages 18-120. Base year 2010.
PubS_2010_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Mortality Table - Employee. Ages 18-80. Base year 2010.
PubS_2010_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Mortality Table - Retiree. Ages 45-120. Base year 2010.
PubS_2010A_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Above-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubS_2010A_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Above-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubS_2010B_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Below-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubS_2010B_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted Safety Below-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubSH_2010_Disabled
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Mortality Table - Disabled Retiree. Ages 18-120. Base year 2010.
PubSH_2010_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Mortality Table - Employee. Ages 18-80. Base year 2010.
PubSH_2010_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Mortality Table - Retiree. Ages 45-120. Base year 2010.
PubSH_2010A_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Above-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubSH_2010A_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Above-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubSH_2010B_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Below-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubSH_2010B_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted Safety Below-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubT_2010_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted Teachers Mortality Table - Employee. Ages 18-80. Base year 2010.
PubT_2010_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted Teachers Mortality Table - Retiree. Ages 55-120. Base year 2010.
PubT_2010A_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted Teachers Above-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubT_2010A_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted Teachers Above-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubT_2010B_Employee
Exposure draft August 2018: Pub-2010 Amount-weighted Teachers Below-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubT_2010B_Retiree
Exposure draft August 2018: Pub-2010 Amount-weighted Teachers Below-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubTH_2010_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted Teachers Mortality Table - Employee. Ages 18-80. Base year 2010.
PubTH_2010_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted Teachers Mortality Table - Retiree. Ages 55-120. Base year 2010.
PubTH_2010A_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted Teachers Above-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubTH_2010A_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted Teachers Above-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
PubTH_2010B_Employee
Exposure draft August 2018: Pub-2010 Headcount-weighted Teachers Below-median Mortality Table - Employee. Ages 18-80. Base year 2010.
PubTH_2010B_Retiree
Exposure draft August 2018: Pub-2010 Headcount-weighted Teachers Below-median Mortality Table - Retiree. Ages 18-80. Base year 2010.
Pub_2010_ContSurvivor
Exposure draft August 2018: Pub-2010 Amount-weighted Mortality Table - Contingent Survivor. Ages 45-120. Base year 2010.
Pub_2010A_ContSurvivor
Exposure draft August 2018: Pub-2010 Amount-weighted Above-median Mortality Table - Contingent Survivor. Ages 45-120. Base year 2010.
Pub_2010B_ContSurvivor
Exposure draft August 2018: Pub-2010 Amount-weighted Below-median Mortality Table - Contingent Survivor. Ages 45-120. Base year 2010.
PubH_2010_ContSurvivor
Exposure draft August 2018: Pub-2010 Headcount-weighted Mortality Table - Contingent Survivor. Ages 45-120. Base year 2010.
PubH_2010A_ContSurvivor
Exposure draft August 2018: Pub-2010 Headcount-weighted Above-median Mortality Table - Contingent Survivor. Ages 45-120. Base year 2010.
PubH_2010B_ContSurvivor
Exposure draft August 2018: Pub-2010 Headcount-weighted Below-median Mortality Table - Contingent Survivor. Ages 45-120. Base year 2010.
2012_IAM_Basic
2012 Individual Annuity Mortality Basic Table (Exhibit I on pages 25-26 in the 2012 Individual Annuity Reserving Table Report). Basis: Age Nearest Birthday. Ages 18-120. Base year 2012. MORT Tables # 2581 & 2582.
2012_IAM_Period
2012 Individual Annuity Mortality Period Table (Exhibit II on pages 28-29 in the 2012 Individual Annuity Reserving Table Report). Basis: Age Nearest Birthday. Ages 18-120. Base year 2012. MORT Tables # 2585 & 2586.
CPM2014
Canadian Pensioners' Mortality Table, composite of public and private sector plans for 1999-2008, projected forward to 2014 using the CPM Improvement Scale B (Memorandum: CPM 2014 Mortality Tables). Ages 18-115. Base year 2014. MORT Tables # 2790 & 2791.
CPM2014_Private
Canadian Pensioners' Mortality Table, based on private sector data for 1999-2008, projected forward to 2014 using the CPM Improvement Scale B (Memorandum: CPM 2014 Mortality Tables). Ages 18-115. Base year 2014. MORT Tables # 2794 & 2795.
CPM2014_Public
Canadian Pensioners' Mortality Table, based on public sector plans for 1999-2008, projected forward to 2014 using the CPM Improvement Scale B (Memorandum: CPM 2014 Mortality Tables). Ages 18-115. Base year 2014. MORT Tables # 2792 & 2793.
RP2014_Employee
RP-2014 Amount-weighted Total Dataset - Employee (Appendix A on pages 54-56 in the RP-2014 Mortality Tables Report). Ages 18-80. Base year 2014. MORT Tables # 3123 & 3124.
RP2014_HealthyAnnuit
RP-2014 Amount-weighted Total Dataset - Healthy Annuitant (Appendix A on pages 54-56 in the RP-2014 Mortality Tables Report). Ages 50-120. Base year 2014. MORT Tables # 3123 & 3124.
RP2014_Disabled
RP-2014 Amount-weighted Total Dataset - Disabled Retiree (Appendix A on pages 54-56 in the RP-2014 Mortality Tables Report). Ages 18-120. Base year 2014. MORT Tables # 3123 & 3124.
RP2014_BlueCol_Employee
RP-2014 Amount-weighted Blue Collar - Employee (Appendix A on pages 57-59 in the RP-2014 Mortality Tables Report). Ages 18-80. Base year 2014. MORT Tables # 3125 & 3126.
RP2014_BlueCol_HealthyAnnuit
RP-2014 Amount-weighted Blue Collar - Healthy Annuitant (Appendix A on pages 57-59 in the RP-2014 Mortality Tables Report). Ages 50-120. Base year 2014. MORT Tables # 3125 & 3126.
RP2014_WhiteCol_Employee
RP-2014 Amount-weighted White Collar - Employee (Appendix A on pages 60-62 in the RP-2014 Mortality Tables Report). Ages 18-80. Base year 2014. MORT Tables # 3127 & 3128.
RP2014_WhiteCol_HealthyAnnuit
RP-2014 Amount-weighted White Collar - Healthy Annuitant (Appendix A on pages 60-62 in the RP-2014 Mortality Tables Report). Ages 50-120. Base year 2014. MORT Tables # 3127 & 3128.
RP2014_Bot25%_Employee
RP-2014 Amount-weighted Bottom Quartile - Employee (Appendix A on pages 63-65 in the RP-2014 Mortality Tables Report). Ages 18-80. Base year 2014. MORT Tables # 3129 & 3130.
RP2014_Bot25%_HealthyAnnuit
RP-2014 Amount-weighted Bottom Quartile - Healthy Annuitant (Appendix A on pages 63-65 in the RP-2014 Mortality Tables Report). Ages 50-120. Base year 2014. MORT Tables # 3129 & 3130.
RP2014_Top25%_Employee
RP-2014 Amount-weighted Top Quartile - Employee (Appendix A on pages 66-68 in the RP-2014 Mortality Tables Report). Ages 18-80. Base year 2014. MORT Tables # 3131 & 3132.
RP2014_Top25%_HealthyAnnuit
RP-2014 Amount-weighted Top Quartile - Healthy Annuitant (Appendix A on pages 66-68 in the RP-2014 Mortality Tables Report). Ages 50-120. Base year 2014. MORT Tables # 3131 & 3132.
RPH2014_Employee
RPH-2014 Headcount-weighted Total Dataset - Employee (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 18-80. Base year 2014. MORT Tables # 3141 & 3142.
RPH2014_HealthyAnnuit
RPH-2014 Headcount-weighted Total Dataset - Healthy Annuitant (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 50-120. Base year 2014. MORT Tables # 3141 & 3142.
RPH2014_Disabled
RPH-2014 Headcount-weighted Total Dataset - Disabled Retiree (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 18-120. Base year 2014. MORT Tables # 3141 & 3142.
RPH2014_BlueCol_Employee
RPH-2014 Headcount-weighted Blue Collar - Employee (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 18-80. Base year 2014. MORT Tables # 3143 & 3144.
RPH2014_BlueCol_HealthyAnnuit
RPH-2014 Headcount-weighted Blue Collar - Healthy Annuitant (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 50-120. Base year 2014. MORT Tables # 3143 & 3144.
RPH2014_WhiteCol_Employee
Headcount-weighted RPH-2014 White Collar - Employee (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 18-80. Base year 2014. MORT Tables # 3145 & 3146.
RPH2014_WhiteCol_HealthyAnnuit
Headcount-weighted RPH-2014 White Collar - Healthy Annuitant (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 50-120. Base year 2014. MORT Tables # 3145 & 3146.
RPH2014_Bot25%_Employee
Headcount-weighted RPH-2014 Bottom Quartile - Employee (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 18-80. Base year 2014. MORT Tables # 3147 & 3148.
RPH2014_Bot25%_HealthyAnnuit
Headcount-weighted RPH-2014 Bottom Quartile - Healthy Annuitant (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 50-120. Base year 2014. MORT Tables # 3147 & 3148.
RPH2014_Top25%_Employee
Headcount-weighted RPH-2014 Top Quartile - Employee (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 18-80. Base year 2014. MORT Tables # 3149 & 3150.
RPH2014_Top25%_HealthyAnnuit
Headcount-weighted RPH-2014 Top Quartile - Healthy Annuitant (not RP-2014, which is amount-weighted) (Supplemental RPH-2014 Mortality Rates). Ages 50-120. Base year 2014. MORT Tables # 3149 & 3150.
None
Mortality rates are set to zero below the benefit commencement age.
Projection Scales

The Annuity Factor Calculator allows users to select any of the mortality projection scales listed below. For some of the projection scales, reports and background material are available. In addition, the projection scales are available in electronic form.

G2
Mortality Improvement Projection Scale G2. (Tables 13 and 14 on pages 13-14 in the 2012 Individual Annuity Reserving Table Report). Basis: Age Nearest Birthday. MORT # 2583 (Male) 2584 (Female).
BB_1D
Interim One-Dimensional Mortality Improvement Scale BB. (Appendix A on pages 28-30 in the Mortality Improvement Scale BB Report). MORT # 1511 (Male) 1512 (Female).
BB_2D
Two-Dimensional Mortality Improvement Rates Underlying Projection Scale BB. (Mortality Improvement Scale BB Report). MORT # 1608 (Male) 1609 (Female).
AA
1994 Mortality Improvement Projection Scale AA. (Table 7-3 in the RP-2000 Mortality Tables Report). MORT # 924 (Male) 923 (Female).
MP2014
Scale MP-2014. (Appendix A on pages 30-37 in the Mortality Improvement Scale MP-2014 Report). MORT # 3135 (Male) 3136 (Female).
MP2015
Scale MP-2015. (Mortality Improvement Scale MP-2015 Report). MORT # 3373 (Male) 3374 (Female).
MP2016
Scale MP-2016. (Mortality Improvement Scale MP-2016 Report). MORT # 3386 (Male) 3385 (Female).
MP2017
Scale MP-2017. (Mortality Improvement Scale MP-2017 Report).
CPM2014_B
CPM Improvement Scale B for use with the CPM2014 tables. (Memorandum: CPM 2014 Mortality Tables). MORT # 2798 (Male) 2799 (Female).
CPM2014_B1
CPM Improvement Scale B1-2014 for use with the CPM-RPP14 tables before 2016. (Memorandum: CPM 2014 Mortality Tables). MORT # 2796 (Male) 2797 (Female).
Questions or Comments
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Technical Terms

The definitions and descriptions below apply to the Society of Actuaries Annuity Factor Calculator (AFC). These terms may have different definitions or applications in other contexts, including other materials or products prepared by the Society of Actuaries or other actuarial organizations.

Age
In whole years to the nearest birthday.
Annuity factor
Annuity factors computed by the AFC are for use with annualized benefit amounts.
BCA
Benefit commencement age.
BOM
Monthly payments occur at the beginning of each month, before the mortality decrement is applied.
BOY
Annual payments occur at the beginning of each year, before the mortality decrement is applied.
Certain and life annuity
Annual or monthly benefits paid beginning immediately and continuing for as long as the primary annuitant lives, but for at least as long as the specified certain period. For a deferred annuity, the certain period begins when benefits begin. If the annuitant dies during the certain period, payments continue to a beneficiary or estate until the end of the certain period.
COLA (Cost of Living Adjustment)
The annual rate at which benefits are increased after benefit commencement. No increases are assumed to occur prior to benefit commencement.
Deferred annuity
Annual or monthly benefits paid beginning at a specified future benefit commencement age provided that the annuitant lives to that age. For joint and survivor annuities, survivorship contingency is included during deferral.
Duration
The approximate percentage change in annuity factor per 100 basis point change in discount rate. Duration of 8.2 means that for discount rate decrease of 100 basis points, the annuity factor will increase by approximately 8.2%. There are a variety of types of duration; AFC calculates effective duration.
EOM
Monthly payments occur at the end of each month, after the mortality decrement is applied.
EOY
Annual payments occur at the end of each year, after the mortality decrement is applied.
Generational mortality projection
Mortality rates are projected from the table's base year as noted in the AFC's Mortality Tables descriptions.
Joint and survivor annuity
Annual or monthly benefits paid beginning immediately to a primary annuitant for as long as the primary annuitant lives. Upon the primary annuitant’s death, if the beneficiary is living, a specified percentage of the primary annuitant’s benefit continues to the beneficiary for as long as he or she lives.
Joint life annuity
Annual or monthly benefits paid for as long as both the primary annuitant and beneficiary live; benefits cease upon the first death of the primary annuitant or beneficiary.
Monthly exact
Mortality decrements are applied assuming a uniform distribution of deaths throughout the year.
Monthly approx 11/24 BOM
The Woolhouse approximation formula to determine the present value of an annuity with monthly payments from an annuity factor for annual payments: äx(12) = äx – 11/24 * prob(x survives to BCA) * interest discount from BCA to x
MORT #
SOA table identity number in Mortality and Other Rate Tables.
Mortality projection
Mortality improvement is assumed for whole numbers of years. For descriptions of the specific mortality projection (improvement) scales available in the AFC see Projection Scales.
Mortality table
For the descriptions of the specific mortality tables available in the AFC see Mortality Tables.
Single life annuity
Annual or monthly benefits paid beginning immediately and continuing for as long as the annuitant lives; payments cease when the annuitant dies.
Static mortality projection
Mortality rates are projected from the table's base year to the valuation year plus the number of static projection years. Each table’s base year is noted in AFC’s Mortality Tables descriptions.
Uniform distribution of deaths
AFC assumes uniform distribution of deaths during a year.