Mortality Table

A mortality table is a table of expected survivors at each age, given an assumed number of survivors at the starting age for the table. A mortality table is based on the mortality experience of a large sample of people.

For example, the first lines of the 80CNSMT mortality table look like this:

Age Survivors

100000
98740
98648

A mortality table can be used to compute life expectancies or the probability that a person of a certain age will live to achieve a certain older age. For example, the likelihood that someone age 1 will survive to age 2 according to the 80CNSMT mortality table is 98648/98740 or 99.9068%.

GiftWrap uses your choice of several mortality tables for gift annuity reserve (non-state method), FASB liability, gift years remaining, and cash flow projection computations. The gift annuity reserve state method computations pick the appropriate mortality table(s) for you.