Why a
  Pension ?

  What is a
  Pension ?

   Allocated
      Rules
      Min Max

   Lifetime
      Rules

   Life
 Expectancy
      Rules

   Limited
      Rules

  How to Save

  Centrelink

  Tax
  Treatment

   Life
 Expectancies

   Pension
 Valuation
 Factors

Pension Valuation Factors


The capital value of a lifetime pension is assessed for the purposes of the RBLs as:

Capital Value = Annual value × Pension valuation factor
-- Undeducted purchase price + Residual capital value.

The pension valuation factors for lifetime and fixed term pensions are set out below.