The Retirement Age Probability (RAP) Table stores annual retirement probabilities by age, service, or a combination of age and service. Valuation decrement assumptions use the selected table to determine retirement rates.

• Description: provides optional notes about the purpose or intended use of the table.
• Rates Basis: determines how DB Precision looks up a rate. Select Age for attained age, Service for valuation table-lookup service, or Age/Service to use age rows and service-period columns.
• Select Period: sets the number of service-period columns in the rate grid. The last column is labeled >= N and applies to the selected period and all later periods. This item is unavailable when Age is the Rates Basis.
• Minimum Age / Maximum Age: limits the rows included in the table. The rows represent age when the basis is Age or Age/Service and service when the basis is Service. A Maximum Age of zero includes values through 120; lookups outside a limited range use the applicable endpoint rate.
• Unisex: uses one rate series for all participants. Clear this item to maintain separate male and female rates.
• Annual Rates by Age / Service / Age/Service: displays the editable rate grid for the selected basis. Enter each one-year retirement probability as a decimal from zero to one; for example, 0.2500 represents a 25% probability.
• Male / Female: switches the grid between the male and female rate series when separate sex-based rates and service-period columns are used. When no select period is defined, separate Male and Female columns appear in the grid instead.

Note: After the grid contains a nonzero rate, DB Precision locks Rates Basis, Select Period, Minimum Age, Maximum Age, and Unisex to protect the existing table structure. Clear the rates to zero before changing these items.