Table 3.

Life annuity indicators based on deterministic approach, t = 2020.

Country	Age	Scenario	Female	Male
Turkey	45	$\mathbb{E}(Y\mid F_t)$	16.5331	15.2189
		$\mathrm{Var}(Y\mid F_t)$	7.3559	11.7619
		c	0.1640	0.2253
	58	$\mathbb{E}(Y\mid F_t)$	13.3127	11.6897
		$\mathrm{Var}(Y\mid F_t)$	12.2327	15.8879
		c	0.2627	0.3410
	65	$\mathbb{E}(Y\mid F_t)$	10.9900	9.4698
		$\mathrm{Var}(Y\mid F_t)$	14.2007	15.5352
		c	0.3429	0.4162
Germany	45	$\mathbb{E}(Y\mid F_t)$	17.4954	16.6881
		$\mathrm{Var}(Y\mid F_t)$	6.5555	9.4814
		c	0.1463	0.1845
	58	$\mathbb{E}(Y\mid F_t)$	15.0077	13.9034
		$\mathrm{Var}(Y\mid F_t)$	10.5039	13.9656
		c	0.2160	0.2688
	65	$\mathbb{E}(Y\mid F_t)$	13.1590	11.9738
		$\mathrm{Var}(Y\mid F_t)$	11.7751	14.6606
		c	0.2608	0.3198
Japan	45	$\mathbb{E}(Y\mid F_t)$	17.8556	16.7445
		$\mathrm{Var}(Y\mid F_t)$	5.3788	8.8749
		c	0.1299	0.1779
	58	$\mathbb{E}(Y\mid F_t)$	15.5369	13.9025
		$\mathrm{Var}(Y\mid F_t)$	8.9282	13.5554
		c	0.1923	0.2648
	65	$\mathbb{E}(Y\mid F_t)$	13.7305	11.9072
		$\mathrm{Var}(Y\mid F_t)$	10.9840	14.8321
		c	0.2414	0.3234