Code of Virginia

Creating a Report: Check the sections you'd like to appear in the report, then use the "Create Report" button at the bottom of the page to generate your report. Once the report is generated you'll then have the option to download it as a pdf, print or email the report.

Code of Virginia
Title 55.1. Property and Conveyances [Effective October 1, 2019]
Chapter 5. Commutation and Valuation of Certain Estates and Interests
12/5/2019

§ 55.1-500. (Effective October 1, 2019) Annuity table.

When a party as tenant for life is entitled to the annual interests on a sum of money, or is entitled to the use of any estate, or a part thereof, and is willing to accept a gross sum in lieu thereof, or the party liable for such interest, or affected by such claim, has the right to pay a gross sum in lieu thereof, or if the court in any legal proceeding orders a gross sum to be paid in lieu thereof, the sum shall be estimated according to the then value of an annuity of eight percent on the principal sum during the probable life of such person, according to the following table, showing in Column I the present value, on the basis of eight percent interest, of an annuity of $1, payable at the end of every year that a person of a given age may be living, for the ages therein stated:

PRESENT VALUE

---------------------------------------------------------------
---------------------------------------------------------------
---------------------------------------------------------------
 Age last birthdayI lifeII lives
Less than one year12.06011.670
112.29112.124
212.29112.127
312.28612.120
412.27812.107
512.26712.091
612.25612.071
712.24212.049
812.22712.024
912.21111.996
1012.19211.965
1112.17111.930
1212.14911.892
1312.12511.852
1412.10211.812
1512.07811.773
1612.05511.736
1712.03211.701
1812.01011.666
1911.98811.632
2011.96411.596
2111.93911.559
2211.91311.521
2311.88611.480
2411.85711.437
2511.82411.389
2611.78911.336
2711.75111.278
2811.70911.215
2911.66411.148
3011.61511.075
3111.56410.998
3211.51010.917
3311.45210.831
3411.39110.741
3511.32610.645
3611.25810.545
3711.18610.440
3811.11010.331
3911.03110.217
4010.94810.098
4110.8619.975
4210.7709.847
4310.6759.714
4410.5769.576
4510.4739.434
4610.3659.288
4710.2549.138
4810.1388.983
4910.0188.824
509.8938.661
519.7648.493
529.6318.322
539.4938.147
549.3527.970
559.2077.790
569.0577.608
578.9047.423
588.7477.237
598.5867.048
608.4216.856
618.2526.662
628.0786.466
637.9006.267
647.7186.067
657.5325.865
667.3435.663
677.1505.460
686.9545.256
696.7555.052
706.5524.847
716.3454.640
726.1344.431
735.9204.222
745.7054.015
755.4913.812
765.2793.615
775.0693.424
784.8613.239
794.6543.057
804.4482.879
814.2442.706
824.0442.538
833.8462.376
843.6522.217
853.4592.061
863.2721.911
873.0971.774
882.9341.651
892.7801.537
902.6301.426
912.4851.319
922.3501.220
932.2271.131
942.1181.053
952.0240.986
961.9430.931
971.8730.885
981.8110.845
991.7540.810
1001.7010.779
1011.6510.751
1021.6020.726
1031.5500.703
1041.4920.682
1051.4200.661
1061.3220.637
1071.1780.602
1080.9550.535
1090.5950.383

1973, c. 355, § 55-269.1; 1981, c. 612; 1990, c. 831; 2019, c. 712.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.