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Alberta Superintendent
of Financial Institutions
Interest Rate Tables & Prescribed Amounts


February 6, 2006 - please note:
The annual average rate for 2005 previously was stated at 2.2%.
Due to an error in the calculation of the average, this rate was understated.
We apologize for any confusion this discrepancy may have caused.

TABLE 3

Interest Rates Applied to Employee Contributions
of DEFINED BENEFIT Pension Plans as per
Section 26(3) of the Alberta Employment
Pension Plans Regulation

Chartered Bank Administered 5-Year Personal Fixed Term Interest Rates
CANSIM Series V122515
Month 
2000 2001 2002 2003 2004 2005 2006
Jan 5.60% 4.45% 3.40% 3.35%
2.50%
2.63%
2.53%
Feb 5.60% 4.45% 3.75% 3.35%
2.50%
2.63%
2.88%
Mar 5.35% 4.05% 3.75% 3.35%
2.25%
2.73%
2.88%
Apr 5.35% 4.05% 4.00% 3.35%
2.75%
2.53%
2.88%
May 5.60% 4.05% 4.00% 3.10%
3.00%
2.53%
3.18%
June 5.30% 4.05% 4.00% 2.55%
3.13%
2.23%
3.18%
July 5.05% 4.05% 3.75% 2.80%
3.03%
2.23%
3.18%
Aug 5.05% 4.05% 3.80% 2.80%
2.78%
2.23% 
2.98%
Sept 5.05% 3.60% 3.50% 2.80%
2.63%
2.23% 2.88%
Oct 5.05% 3.35% 3.80% 2.80%
2.78%
2.43% 2.88%
Nov 5.05% 3.30% 3.80% 2.80%
2.78%
2.53%  
Dec 4.60% 3.30% 3.80% 2.80%
2.63%
2.53%  
Average 5.2% 3.8% 3.7% 2.9%
 2.7%
2.4%  

For further information please contact:

Alberta Superintendent of Financial Institutions
Alberta Finance
402, 9515 - 107 Street
Edmonton, Alberta, Canada
T5K 2C3
Telephone: (780) 427-8322
Fax: (780) 422-4283 

Updated November 24, 2006

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