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
December 2024 - 4.50%		January 2025 - 4.50%
23, 24, or 25	46	23, 24, or 25	46
26	46	26	46
27	47	27	47
28	47	28	47
29	47	29	47
30	47	30	47
31	47	31	47
32	48	32	48
33	48	33	48
34	48	34	48
35	48	35	48
36	49	36	49
37	49	37	49
38	49	38	49
39	50	39	50
40	50	40	50
41	50	41	50
42	51	42	51
43	51	43	51
44	51	44	51
45	52	45	52
46	52	46	52
47	53	47	53
48	53	48	53
49	54	49	54
50	55	50	55
51	55	51	55
52	56	52	56
53	57	53	57
54	57	54	57
55	58	55	58
56	59	56	59
57	60	57	60
58	61	58	61
59	62	59	62
60	63	60	63
61	64	61	64
62	65	62	65
63	67	63	67
64	68	64	68
65	70	65	70
66	71	66	71
67	73	67	73
68	76	68	76
69	78	69	78
70	81	70	81
71	83	71	83
72	84	72	84
73	87	73	87
74	90	74	90
75	93	75	93
76	97	76	97
77	102	77	102
78	107	78	107
79	112	79	112
80	118	80	118
81	125	81	125
82	132	82	132
83	140	83	140
84	148	84	148
85 or over	158	85 or over	158

GAD rates

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