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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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