 |
Alberta
Superintendent
of Financial Institutions
Interest
Rate Tables & Prescribed Amounts |
TABLE
4 |
| Interest
Rate For Life Income Fund (LIF)
Term Certain Factors as per Section 40(3)(q) of the
Alberta Employment Pension Plans Regulation,
and LIF Factors for the Current Fiscal Year |
Long Term
(10+ Years) Marketable Government of Canada Bonds (Average
Yields)
CANSIM Series V122487 - November of Prior Year |
| Year |
Rate |
| 1998
* |
= 5.78% |
| 1999
* |
= 5.35% |
| 2000 |
= 6.12% |
| 2001
* |
= 5.63% |
| 2002
* |
= 5.66% |
| 2003
* |
= 5.55% |
| 2004 * |
= 5.24% |
| 2005 * |
= 4.87% |
| 2006 * |
= 4.20% |
and 6.00% after the first 15 years
* when
the CANSIM rate falls below 6.00%,
a rate of 6.00% is used for all years.
Click
here for a pdf
file showing LIF withdrawal factors for 2006:
using an age 90 factor (OLD LIF Factors) and
using an age 85 factor (NEW LIF factors). |
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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