Table 9 The income replacement ratio (percentage) under HPI of various occupation groups.

From: Structural analysis of reverse mortgages in Taiwan

Age of men

Annuity

Monthly pension

Educator

Public servant

Military personnel

Laborer

60

12.056

1.005

0.148

0.178

0.203

0.621

65

16.242

1.353

0.199

0.240

0.274

0.837

70

22.407

1.867

0.274

0.331

0.378

1.154

75

31.491

2.624

0.386

0.465

0.531

1.622

80

44.688

3.724

0.547

0.660

0.754

2.302

85

63.182

5.265

0.774

0.934

1.066

3.254

90

86.879

7.240

1.064

1.284

1.466

4.475

95

110.892

9.241

1.358

1.639

1.871

5.712

Age of women

Annuity

Monthly pension

Educator

Public servant

Military personnel

Laborer

60

9.382

0.782

0.115

0.139

0.158

0.483

65

12.722

1.060

0.156

0.188

0.215

0.655

70

17.646

1.470

0.216

0.261

0.298

0.909

75

25.163

2.097

0.308

0.372

0.425

1.296

80

36.682

3.057

0.449

0.542

0.619

1.889

85

54.173

4.514

0.663

0.801

0.914

2.790

90

79.293

6.608

0.971

1.172

1.338

4.084

95

110.921

9.243

1.358

1.639

1.872

5.713