Commutation Table - Pensioners Portal

Age next birthday	Commutation value expressed as number of year’s Purchase	Age next birthday	Commutation value expressed as number of year’s Purchase	Age next birthday	Commutation value expressed as number of year’s Purchase
(x)	(y)	(x)	(y)	(x)	(y)
(1)	(2)	(1)	(2)	(1)	(2)
17	19.28	40	15.87	63	9.15
18	19.20	41	15.64	64	8.82
19	19.11	42	15.40	65	8.50
20	19.01	43	15.15	66	8.17
21	18.91	44	14.90	67	7.85
22	18.81	45	14.64	68	7.53
23	18.70	46	14.37	69	7.22
24	18.59	47	14.10	70	6.91
25	18.47	48	13.82	71	6.60
26	18.34	49	13.54	72	6.30
27	18.21	50	13.25	73	6.01
28	18.07	51	12.95	74	5.72
29	17.93	52	12.66	75	5.44
30	17.78	53	12.35	76	5.17
31	17.62	54	12.05	77	4.90
32	17.46	55	11.73	78	4.65
33	17.29	56	11.42	79	4.40
34	17.11	57	11.10	80	4.17
35	16.92	58	10.78	81	3.94
36	16.72	59	10.46	82	3.72
37	16.52	60	10.13	83	3.52
38	16.31	61	9.81	84	3.32
39	16.09	62	9.48	85	3.13

NOTE:-

1. This Table is based on a rate of interest of 4.75 per cent per annum.

2. Commuted Value (CVP) = 0.4(Maximum) x P x CF x 12

where P = Pension Ordered

CF = Commutation Factor

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