GMIB annuitization: 5-15%; GMWB withdrawal: 30-50% of eligible policies
| source | SOA GMxB Experience Study |
| derivation | data_calibrated |
| quality | calibrated |
| regulatory frameworks | NAIC VM-21 |
| set | 2026-05-25 |
| last reviewed | 2026-05-25 |
| next review due | 2026-12-31 |
Election rate for living benefit riders; ranges reflect issue-year cohort variation.