Retirement Age Probability Tables
The Retirement Age Probability Table stores annual retirement probabilities used by valuation decrement assumptions.
Screen items
- Description: identifies the table in valuation assumption selections.
- Rates Base: retrieves rates by
Attained Age ,Valuation Table-Lookup Service , orBoth . - Select Period: defines the final service select period; later service uses the
Ultimate column. - Minimum Age / Maximum Age: defines the table range. A lookup outside the range uses the applicable endpoint rate.
- Unisex: uses one rate series for all participants. When cleared, separate male and female rates are available.
- Male / Female: switches between the
Male andFemale annual-rate series when the table is not unisex. - Annual Rates: stores one-year retirement probabilities from zero to one by the selected rate basis.
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