Calculation of Awards for Future Pecuniary Damages Rules 53.09(1) and (2) Rules of Civil Procedure
For Trials Commencing After January 1st Each Year
Discount Rate
15-YEAR PERIOD FROM THE START OF THE TRIAL SELECT REAL RATE |
THEREAFTER ULTIMATE REAL RATE (FIXED RATE) |
|
---|---|---|
2000 | 3.00% | 2.50% |
2001 | 2.75% | 2.50% |
2002 | 2.50% | 2.50% |
2003 | 2.50% | 2.50% |
2004 | 2.25% | 2.50% |
2005 | 1.50% | 2.50% |
2006 | 1.00% | 2.50% |
2007 | 0.75% | 2.50% |
2008 | 0.75% | 2.50% |
2009 | 0.75% | 2.50% |
2010 | 1.25% | 2.50% |
2011 | 0.50% | 2.50% |
2012 | 0% | 2.50% |
2013 | -0.50% | 2.50% |
2014 | 0.30% | 2.50% |
2015 | 0.30% | 2.50% |
2016 | 0% | 2.50% |
2017 | 0% | 2.50% |
2018 | 0.10% | 2.50% |
2019 | 0.10% | 2.50% |
2020 | 0% | 2.50% |
2021 | 0% | 2.50% |
Gross Up Rate
15-YEAR PERIOD FROM THE START OF THE TRIAL SELECT INFLATION RATE |
THEREAFTER ULTIMATE INFLATION RATE |
|
---|---|---|
2000 | 2.25% | 2.75% |
2001 | 3.00% | 3.50% |
2002 | 3.25% | 3.25% |
2003 | 3.00% | 3.25% |
2004 | 3.00% | 2.75% |
2005 | 3.50% | 2.50% |
2006 | 3.50% | 2.00% |
2007 | 3.75% | 1.75% |
2008 | 3.50% | 1.75% |
2009 | 3.25% | 1.50% |
2010 | 2.75% | 1.25% |
2011 | 3.25% | 1.25% |
2012 | 3.25% | 1.00% |
2013 | 3.00% | 0% |
2014 | 2.30% | 0.10% |
2015 | 2.40% | 0.20% |
2016 | 2.10% | -0.40% |
2017 | 1.70% | -0.70% |
2018 | 2.0% | -0.40% |
2019 | 2.2% | -0.20% |
2020 | 1.7% | -0.80% |
2021 | 1.0% | -1.50% |