In either a Benefit Component Table or a Conversion Table, you may generate actuarial equivalence conversion values at various lookup ages and store the values in the table by selecting the Actuarial Equivalence Conversion option after checking the Calculate factors box, and then clicking the Params... button to specify the parameters. 

There are two identical sections, side by side, on the dialog box to specify the parameters for the numerator of the conversion factor (on the left) and the denominator (on the right). The dialog box defaults to a joint and survivor annuity conversion from a life annuity normal form by defaulting to Life Annuity as the Numerator (normal form) and Joint Life Annuity as the Denominator (optional form), but these choices can be freely changed.

On each side (i.e., for both the Numerator (normal form) and the Denominator (optional form) of the conversion factor), there are three (3) sections of parameters comparable to the parameters specifiable for annuity factor calculations:

• Mortality, interest & timing, which includes the Mortality rates, Valuation year if applicable, Interest rate (four (4) rate types are currently available), payment frequency and payment timing;

• Additional form parameters, which includes Deferral, Certain, and Temporary options (none, to age or for period (years), and the  COLA rate(s); and

• Joint and survivor annuities parameters which are available (unghosted) if Joint Life Annuity is selected for the calculation. This section specifies the Beneficiary mortality rates, Fraction of joint & survivor benefit received when, and the Number of years husband is older than wife. 

Please see the discussion of Annuity factor option for a full description of each of the available numerator and denominator parameters.