GAD Tables | Capped Drawdown

The maximum annual capped drawdown pension income is determined with reference to the value of the member’s fund that is being used for capped drawdown (‘capped drawdown fund’), the member’s age and the relevant GAD rate.

The relevant GAD rate, which will depend on the UK medium/long dated gilt yield at that time, is used to calculate the amount of ‘basic pension’ that can be drawn for each £1,000 of the member’s capped drawdown fund. For example, if the GAD rate for a member is £53 per £1000 and their capped drawdown fund is £100,000, their basic pension would be £5,300 p.a. This is then uprated by 150% to give a maximum capped drawdown pension income of £7,950 p.a., which will need to be recalculated every three years up to age 75 and annually thereafter.

For more information please view the Gov.UK website.

Age	£	Age	£
Government Actuary’s Department (GAD) table
June 2022 - 2%		May 2022 - 2%
23, 24 or 25	27	23, 24 or 25	27
26	28	26	28
27	28	27	28
28	28	28	28
29	28	29	28
30	29	30	29
31	29	31	29
32	29	32	29
33	30	33	30
34	30	34	30
35	30	35	30
36	31	36	31
37	31	37	31
38	31	38	31
39	32	39	32
40	32	40	32
41	33	41	33
42	33	42	33
43	33	43	33
44	34	44	34
45	34	45	34
46	35	46	35
47	36	47	36
48	36	48	36
49	37	49	37
50	37	50	37
51	38	51	38
52	39	52	39
53	40	53	40
54	40	54	40
55	41	55	41
56	42	56	42
57	43	57	43
58	44	58	44
59	45	59	45
60	46	60	46
61	47	61	47
62	49	62	49
63	50	63	50
64	51	64	51
65	53	65	53
66	55	66	55
67	56	67	56
68	58	68	58
69	60	69	60
70	62	70	62
71	65	71	65
72	67	72	67
73	70	73	70
74	73	74	73
75	77	75	77
76	81	76	81
77	85	77	85
78	90	78	90
79	95	79	95
80	101	80	101
81	108	81	108
82	115	82	115
83	122	83	122
84	131	84	131
85 or over	140	85 or over	140

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