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Government Annuities Regulations (C.R.C., c. 879)

Regulations are current to 2020-03-05

Government Annuities Regulations

C.R.C., c. 879

GOVERNMENT ANNUITIES ACT

Regulations Respecting Government Annuities

Short Title

 These Regulations may be cited as the Government Annuities Regulations.

Interpretation

 In these Regulations and in any document or table of rates authorized or approved thereunder,

Act

Act means the Government Annuities Act; (Loi)

Annuity Table for 1983

Annuity Table for 1983 means

  • (a) in the case of an individual annuity contract, 1983 Table a published in Transactions of the Society of Actuaries, Vol. XXXIII (1981), at page 708, and

  • (b) in the case of a group annuity contract, 1983 Group Annuity Mortality Tables for Males and Females published in Transactions of the Society of Actuaries, Vol. XXXV (1983), at pages 880 and 881. (table de rente pour 1983)

application

application means a document, approved as to form in accordance with section 6, completed and submitted to the Department or Branch by the intended purchaser of an annuity contract; (proposition)

Branch

Branch means the Annuities Branch of the Department; (division)

Commission

Commission[Repealed, SOR/97-495, s. 1]

Department

Department means the Department of Human Resources Development. (ministère)

Director of Annuities

Director of Annuities means the officer of the Branch so designated; (directeur des rentes)

effective date

effective date as applicable to an annuity contract, unless otherwise defined therein, means the date on which the first premium payment is made; (date d’entrée en vigueur)

formal contract

formal contract means a document, approved as to form and executed in accordance with section 6, issued to a purchaser as evidence of annuity contract entered into under the Act; (contrat formel)

formal endorsement

formal endorsement means an endorsement, written upon or attached to a formal contract before or after issue, with the consent of the contracting parties and executed in accordance with section 6. (avenant formel)

  • SOR/97-495, s. 1

Rate of Interest

  •  (1) The rate of interest to be used in the computation of values in tables for determining the values of annuities, shall be

    • (a) in any case where a contract for the payment of an immediate annuity is entered into under paragraph 4(a) of the Act,

      • (i) if the date of commencement of the annuity is earlier than the annuitant’s fifty-fifth birthday, four per cent, or

      • (ii) if the date of commencement of the annuity is on or after the annuitant’s fifty-fifth birthday, 5 1/4 per cent;

    • (b) in any case where a contract for the payment of a deferred annuity is entered into under paragraph 4(a) of the Act,

      • (i) if the date of commencement of the annuity is deferred for more than five years from the effective date of the contract, four per cent, or

      • (ii) if the date of commencement of the annuity

        • (A) is deferred for five years or less from the effective date of the contract, and

        • (B) is on or later than the annuitant’s fifty-fifth birthday,

        four per cent in respect of the period commencing on the effective date of the contract and terminating on the day immediately preceding the date of commencement of the annuity and five per cent thereafter;

    • (c) in any case where the contract for the payment of an immediate annuity is entered into under paragraph 4(b) of the Act,

      • (i) if the date of commencement of the annuity is earlier than the fifty-fifth birthday of one or both of the annuitants, four per cent, or

      • (ii) if the date of commencement of the annuity is on or later than the fifty-fifth birthday of both of the annuitants, 5 1/4 per cent;

    • (d) in any case where the contract for the payment of a deferred annuity is entered into under paragraph 4(b) of the Act,

      • (i) if the date of commencement of the annuity is deferred more than five years after the effective date of the contract, four per cent, or

      • (ii) if the date of commencement of the annuity

        • (A) is deferred for five years or less from the effective date of the contract, and

        • (B) is on or later than the fifty-fifth birthday of both of the annuitants,

        four per cent in respect of the period commencing on the effective date of the contract and terminating on the day immediately preceding the date of commencement of the annuity and five per cent thereafter;

    • (e) in any case where a group contract for the payment of annuities is entered into under subsection 6(3) of the Act on or after April 1, 1953, five per cent from April 1, 1964;

    • (f) in any case where an employee is registered on or after April 1, 1964, under a contract entered into under subsection 6(3) of the Act before April 1, 1953, four per cent; and

    • (g) in the case of any other contract entered into under the Act on or after April 1, 1964, four per cent.

  • (2) Where the date of commencement of a deferred annuity under a contract, the effective date of which is April 1, 1964 or later is changed, the rate of interest applicable to that contract shall be adjusted so that the interest rate payable in respect of the contract is the rate of interest that would have been applicable if the amended date of commencement had been used to determine the rate on the effective date of the contract.

  • (3) Interest calculated in accordance with subsections (1) and (2) shall be compounded annually.

  • (4) For the purposes of section 15 of the Government Annuities Improvement Act, the liability outstanding at the end of a fiscal year is, in respect of annuities, whether they have become payable or not, the present value of future payments on those annuities, taken at the end of that year based on a rate of interest of 7% per annum and the Annuity Table for 1983, as modified by Projection Scale G published in Transactions of the Society of Actuaries, Vol. XXXV (1983), at pages 882 and 883.

  • SOR/97-495, s. 2

Value of an Annuity

  •  (1) The mortality tables to be used in the preparation of tables for determining the values of annuities shall be computed as follows:

    • (a) the basic table shall be the Annuity Table for 1949 (without projection) for males and females published in Transactions of the Society of Actuaries Vol. I, pages 386-389,

    • (b) the mortality rates of the Annuity Table referred to in paragraph (a) shall be modified by Projection Scale C, published in Transactions of the Society of Actuaries Vol. IV, page 272, the rates of decrease for intermediate ages being found by direct interpolation between adjacent quinquennial ages, and

    • (c) the modified mortality rates computed in accordance with paragraphs (a) and (b) shall be used to produce a series of generation mortality tables as set forth herein, except that the mortality rate for any age falling in a calendar year prior to 1950 shall be the mortality rate for that age according to the basic table referred to in paragraph (a), and each table shall apply to annuitants born in the calendar years as follows:

      Generation Table in which age 65 occurs in the calendar yearApplies to annuitants born in the calendar years
      19451890 and before
      19551891-1900
      19651901-1910
      19751911-1920
      19851921-1930
      19951931-1940
      20051941-1950
      20151951-1960
      20251961-1970
  • (2) In determining the value of an annuity payable in accordance with paragraph 4(b) of the Act, the following modification in the use of the mortality tables computed in accordance with subsection (1) shall apply:

    • (a) where one annuitant is a male and the other is a female the joint annuity required in determining the value of the annuity shall be computed as though the female life belonged to the same generation as the male life, or

    • (b) where both annuitants are of the same sex, the joint annuity required in determining the value of the annuity shall be computed as though both lives belonged to the generation of the older life.

  • (3) In determining the values of annuities purchased by group annuity contracts entered into pursuant to subsection 6(3) of the Act, the mortality rates for a male life shall be taken as the rates for the age one year older than the actual age.

  • (4) [Repealed, SOR/97-495, s. 3]

  • SOR/97-495, s. 3
  •  (1) Notwithstanding sections 3 and 4,

    • (a) where a person, prior to April 19, 1948, ceased to be employed by an employer who entered into a contract pursuant to subsection 6(3) of the Act, received from the Minister a statement of the annuity payable to him under the contract containing the following words:

      “This contract witnesseth further that in consideration of the payment of premiums in any other manner than above indicated, such annuity shall be paid at the date of maturity of this contract as such premiums will purchase according to the rates of mortality and interest in effect on the date of inclusion of the annuitant under the Group Annuity Contract, provided, however, that the total annuity payable to the Annuitant hereunder and under any other Canadian Government Annuity Contracts shall not exceed $1,200 per year”

      or words to the like effect, or

    • (b) where a person was included as an employee under such a contract made prior to April 19, 1948, and the contract or the agreement between the employer and his employees pursuant to which the contract was made included the following provision:

      “TERMINATION OF EMPLOYMENT”

      “If for any reason other than his death a member should cease to be employed by the employer before his Normal Retirement Date, the total of the contributions which he has made under the Plan will remain at his credit with the Government, to provide him with an annuity commencing at Normal Retirement Date, or any earlier anniversary thereof.  The member will have the privilege of continuing contributions in order to increase the amount of his annuity”

      or words to the like effect,

    and such person purchased or purchases on his own life an annuity with the same day of commencement and duration as that of the annuity payable to him under the contract referred to in paragraph (a), the rate of interest and the mortality table for computing the purchase price of the annuity purchased by that person shall be the rate of interest and the mortality table authorized for use in computing the purchase price of annuities on the date of his inclusion as an employee under the contract referred to in paragraph (a).

  • (2) Subsection (1) applies only if the total annuities payable to a person under the contracts referred to therein would not exceed the maximum amount authorized for payment to any person under the Act at the date of the inclusion of that person as an employee under the contract referred to in paragraph (1)(a).

 The forms of application and formal contracts and the terms therein contained shall be such as are approved by the Governor in Council and all formal contracts when issued and all formal endorsements added thereto shall be signed by, or bear a facsimile or lithographed signature of the Minister or Deputy Minister and be countersigned by such officer or officers of the Branch as the Minister may direct.

 The age, identity, existence, death, residence or domicile of persons shall be proven by submission of such documents or other evidence as the Minister requires or directs.

 The purchaser of a deferred annuity may make payments at an accounting Post Office and when so doing shall be furnished with a passbook in form approved by the Minister, and the postal employee who receives the payments shall enter records thereof in the passbook when the payments are made.

 All annuities shall be paid monthly unless otherwise agreed upon by the purchaser and the Minister.

 Moneys repayable under subsection 12(1) of the Act may, at the request of the person entitled to payment and with the concurrence of the Minister, be paid in instalments.

 Where an annuity contract does not already so provide, the Minister may, upon the written application and consent of the purchaser received before the annuity becomes payable, enter into an agreement with the purchaser varying the terms of the contract

  • (a) if the contract is for the life of one annuitant only, to provide an annuity for the life of the annuitant, or for a term of years certain not to exceed 20 years or the life of the annuitant, whichever period is longer, or

  • (b) to have the annuity become payable on any future day before or after the day on which the annuity becomes payable under the contract

and the annuity or premiums shall be re-calculated to take into account the variation of such terms.

Minister May Vary Terms

  •  (1) The Minister may enter into an agreement to vary the terms of a contract for the payment of an annuity entered into under the Act or other authority of Parliament, as follows:

    • (a) in any case where the contract for the payment of the annuity was not entered into pursuant to subsection 6(3) of the Act,

      • (i) where the person who entered into the contract applies therefor to the Minister, to vary the terms of the contract so that the annuitant shall be placed in the same position as if he were the purchaser,

      • (ii) where the purchaser of a deferred annuity under paragraph 4(a) of the Act applies to the Minister, before the annuity becomes payable, to vary the terms of the contract to provide for the payment of the annuity in monthly instalments payable for the period between the date of maturity of the contract and a date within two months immediately following the date the annuitant by reason of age could become eligible to receive a pension under the Old Age Security Act, provided the annuitant shall so long live,

      • (iii) where the person who entered into a contract to purchase a deferred annuity under paragraph 4(b) of the Act applies therefor to the Minister before the annuity becomes payable, to vary the terms of the contract so that the annuity will be payable on the life of one annuitant only,

      • (iv) where the remaining instalments of annuity are payable to the legal representatives of a deceased person, and the said legal representatives apply therefor to the Minister, to pay the remaining instalments of the annuity to a designated person and his legal representatives,

      • (v) where the purchaser of an annuity contract applies to the Minister, before the annuity becomes payable, to vary the terms of the contract to provide for an annuity the amount of which decreases on a specified day, and under which there may be paid an annuity greater than the maximum permitted under the Government Annuities Improvement Act and the Regulations made thereunder between the due date of the first instalment of annuity and the specified day, but in no case shall the annuity agreed to be paid exceed the actuarial equivalent of a constant annuity for the maximum amount so permitted in respect of the annuitant having the same date of commencement and the same term certain, if any, as the annuity payable under the contract,

      • (vi) where the purchaser of an annuity contract applies to the Minister to vary the terms of the contract to provide that if at any time the premiums held to the credit of the contract are not sufficient to purchase an annuity of $120 a year on the life of the annuitant for 20 years certain or for the life of the annuitant, whichever period is the longer, as of the original due date of the first instalment of annuity, as determined under the Act, the purchaser with the concurrence of the annuitant may surrender the rights of the purchaser and the annuitant under the contract in consideration of a single payment being made to the purchaser, without interest, for the period up to and including March 31, 1975 but with interest at the rate of seven per cent per annum for the period commencing April 1, 1975 or the date the premium was paid, whichever is later, to the date of repayment of the refund of the premiums paid under the contract, and

      • (vii) in any other case, in such manner as the Minister deems advisable and Treasury Board approves;

    • (b) where the contract was entered into pursuant to subsection 6(3) of the Act, to provide that the purchaser may, by instrument in writing received by the Minister before the day of commencement of an annuity payable to an annuitant or registered employee, elect

      • (i) that the annuity shall be payable in accordance with any optional type of annuity described in the contract,

      • (ii) that an annuity otherwise payable in accordance with paragraph 4(a) of the Act, shall be payable to the annuitant or registered employee in accordance with paragraph 4(b) of the Act,

      • (iii) that an annuity otherwise payable in accordance with paragraph 4(b) of the Act, shall be payable to the annuitant or registered employee in accordance with paragraph 4(a) of the Act,

      • (iv) to be paid an annuity the amount of which decreases on a specified day and under which there may be paid an annuity greater that the maximum permitted under the Government Annuities Improvement Act and the regulations made thereunder between the due date of the first instalment of annuity and the specified day, but in no case shall the annuity agreed to be paid exceed the actuarial equivalent of a constant annuity for the maximum so permitted in respect of the registered employee having the same date of commencement and the same term certain, if any, as the annuity payable under the contract, or

      • (v) that an annuity otherwise payable in accordance with paragraph 4(a) of the Act shall provide for the payment thereof in monthly instalments payable for the period between the date when the annuity becomes payable under the contract and a date within two months immediately following the date the annuitant or registered employee by reason of age could become eligible to receive a pension under the Old Age Security Act, provided the annuitant or registered employee shall so long live;

    • (c) where the contract was entered into pursuant to subsection 6(3) of the Act, and the purchaser applies therefor to the Minister, to provide

      • (i) for a change in the commencement date of the annuity to be paid to an annuitant or registered employee,

      • (ii) for an increase or decrease in the premium payments to be made with respect to an annuitant or registered employee,

      • (iii) for a change in the conditions whereby premium payments are credited to the accounts of any or all annuitants or registered employees, or

      • (iv) that an annuitant or registered employee shall be placed in the same position with respect to the annuity payable or to become payable to him as if he were the purchaser,

    • (d) where the contract was entered into pursuant to subsection 6(3) of the Act, in any case not provided for in this section, in such manner as the Minister deems advisable and Treasury Board approves; and

    • (e) where, pursuant to section 8 of the Act, an annuity cannot be granted or issued for the reason that accumulated premiums and interest are not sufficient to purchase an annuity greater than $10 a year, to provide for the payment of interest, after April 1, 1975, on such premiums when refunded at the rate of seven per cent per annum to the date of refund.

  • (2) Notwithstanding sections 3, 4 and 5, where an application to vary the terms of a contract pursuant to subparagraph (1)(a)(v) is received by the Minister on or after June 10, 1965, the tables set out in Schedule I shall be used to determine the additional annuity payable if the decrease in the amount of the annuity is to take place within two months immediately following the date the annuitant, by reason of age, could become eligible to receive a pension under the Old Age Security Act prior to attaining the age of 70 years.

  • (3) Notwithstanding sections 3, 4 and 5, where a purchaser elects that an annuity be paid pursuant to subparagraph (1)(b)(iv), and the first instalment of annuity is paid on or after the date of the coming into force of this subsection, the tables set out in Schedule II shall be used to determine the additional annuity payable if the decrease in the amount of the annuity is to take place within two months following the date the annuitant or registered employee, by reason of age, could become eligible to receive a pension under the Old Age Security Act prior to attaining the age of 70 years.

 The Minister may enter into an agreement to substitute another contract for a contract for the payment of an annuity entered into under the Act or other authority of Parliament, as follows:

  • (a) in any case where the contract for the purchase of the annuity was not entered into pursuant to subsection 6(3) of the Act,

    • (i) where two persons have entered into the contract and those two persons apply to the Minister to delete the name of one of the purchasers from the contract, to substitute another contract for the original contract in the name of one purchaser bearing the same effective date as the original contract, and

    • (ii) in any other case, in such manner as the Minister deems advisable and Treasury Board approves; and

  • (b) in any case where the contract was entered into pursuant to subsection 6(3) of the Act

    • (i) where the purchaser ceases to employ registered employees, either in whole or in part, by reason of having disposed of the whole or any part of his undertaking or business and any of the registered employees become employees of the person to whom the purchaser has disposed of his undertaking or business, to provide that the person to whom the purchaser has disposed of his undertaking or business shall stand in the stead of the purchaser and all the rights of the registered employees shall continue as if the undertaking or business or any part thereof had not been disposed of, and

    • (ii) in any other case, in such manner as the Minister deems advisable and Treasury Board approves.

 The Minister may enter into a contract to provide for the payment of an annuity the amount of which decreases on a day specified in the contract and under which there may be paid an annuity greater than the maximum permitted under the Act between the due date of the first instalment of annuity and the said day, but in no case shall the annuity agreed to be paid exceed the actuarial equivalent of a constant annuity for the maximum amount so permitted in respect of the annuitant, having the same date of commencement and the same term certain, if any, as the annuity payable under the contract.

  •  (1) The Minister may enter into an agreement with the purchaser to vary the terms of a contract or to include a term in a contract entered into pursuant to subsection 6(3) of the Act, to provide that, where an employee has retired or has otherwise ceased to be employed by his employer and the premiums then held for his account are not sufficient to purchase, pursuant to such options as are available to him, an annuity on his life of $120 a year commencing at normal retirement date, the employee may, at a time stipulated in the agreement, surrender his rights to receive the whole or part of his annuity under the contract in consideration of a single payment being made to him, without interest, of an amount that bears the same ratio to the amount of premiums unconditionally held for his account as the portion of the annuity being surrendered bears to the whole annuity.

  • (2) Where an agreement is entered into in accordance with subsection (1), it shall provide that an employee shall not be permitted to make an election thereunder where such election would result in a forfeiture of any employer premiums which would otherwise vest in him at retirement.

  • (3) The rate or rates of interest to be used in calculating the annuity that the premiums held for the employee’s account are sufficient to purchase shall be the rate or rates of interest applicable to the annuity contract pursuant to the Act.

  • (4) Notwithstanding subsection (1), interest at seven per cent per annum for the period commencing April 1, 1975 or the date the premium was paid, whichever is later, will be added to the premiums being refunded, such interest to be calculated to the date the refund is made.

  • (5) The provisions of subsections (3) and (4) shall be made provisions of every contract to which subsection (1) applies.

Conversion of Contract

  •  (1) Notwithstanding anything in these Regulations, where the Minister has under the Act entered into a contract, the effective date of which is later than May 31, 1920, for payment of a deferred annuity

    • (a) to two persons during their joint lives with continuation to the survivor, or

    • (b) to one person during his lifetime with continuation to another person, if surviving, during his lifetime,

    and one of them dies before the annuity becomes payable, such contract shall, on application in writing by the survivor received by the Minister, be converted into a contract for the payment of an annuity to the said survivor of an amount not exceeding the maximum that might have been paid to him under the original contract.

  • (2) Where conversion of a contract is made under subsection (1), the premium shall be recalculated in accordance with the rate of interest and the mortality tables that were in effect at the time the contract was entered into and that would have been applied if the survivor had been the sole annuitant thereunder.

  • (3) The conversion of a contract under subsection (1) may be effected by endorsement written upon or attached to the original contract and executed in accordance with section 6.

  • (4) Notwithstanding anything in this section, subsection (1) does not apply to contracts designated or engrossed as a deferred last survivor annuity contract, Plan B.

Surrender of Rights and Benefits

  •  (1) In this section “public service employer” means a Crown corporation as defined in section 76 of the Financial Administration Act (except any such corporation specified in Part I of Schedule A of the Public Service Superannuation Act), the Bank of Canada and the government of a province.

  • (2) Where an employee registered under a contract entered into pursuant to subsection 6(3) of the Act becomes

    he may, with the concurrence of the Minister and the purchaser, surrender all or part of his rights and benefits under the contract in consideration of having an amount that bears the same ratio to the total of the employee premiums and accrued interest and such employer premiums and accrued interest as may be unconditionally held for his account as the portion of the annuity rights and benefits being surrendered bears to the whole annuity transferred to his credit to the Superannuation Account or to the superannuation or pension fund or plan of the public service employer concerned.

  • (3) The Minister shall not concur with a surrender mentioned in subsection (1) by a contributor under the Public Service Superannuation Act unless he is satisfied that the contributor will be entitled, upon surrendering all his rights and benefits in accordance with subsection (2) to make a valid election under the Public Service Superannuation Act to count thereunder as pensionable service his service with the purchaser.

  • (4) The Minister shall not concur with a surrender mentioned in subsection (1) by a participant in a superannuation or pension fund or plan for employees of a public service employer unless he is satisfied that the participant is eligible to count and does count his service with the purchaser as pensionable service under such superannuation or pension fund or plan.

 The Minister may enter into an agreement to vary the terms of a contract entered into pursuant to section 4 of the Act, or he may vary the terms of an approved form of contract being entered into pursuant to that section, so that the contract conforms to the requirements of the Income Tax Act respecting a “Registered Retirement Savings Plan” within the meaning of that Act.

Amount Payable

 Where the amount payable by way of an annuity or annuities to an employee who is registered under an annuity contract mentioned in subsection 6(3) of the Act is increased and that increase is purchased with moneys that have been paid by the employer pursuant to the contract and that would otherwise be refundable under the contract to the employer without interest, the total amount payable by way of an increased annuity or increased annuities may exceed the maximum permitted by subsection 6(1) of the Government Annuities Improvement Act.

 The amount of the lump sum payment that is payable pursuant to section 9 of the Government Annuities Improvement Act shall be calculated as the value of the remaining instalments that would

  • (a) be payable under the contract pursuant to section 5 of the Government Annuities Improvement Act, discounted at the rate of seven per cent per annum, or

  • (b) otherwise have been payable under the contract, discounted at the rate or rates of interest applicable to the annuity contract pursuant to the Act,

whichever produces the greater amount.

Death of Annuitant

 Where the purchaser or an annuitant under an annuity contract dies outside Canada, a grant of letters probate, or similar document of a court or authority outside Canada may be proved by the production of a copy of such document duly certified or authenticated by a judge or officer of that court or authority or a notary public or in such other manner as is acceptable to the Minister.

SCHEDULE I(Section 12)

TABLE 1(a)Individual Contracts — Premium Series 1 and 2Integration with Old Age Security At Age 65

Monthly additional annuity for each $10 a month Old Age Security Pension. Take maturity age to years and completed months, and add the monthly difference times the number of months. For full monthly additional annuity multiply the resulting figure by the Monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1905 and after.

Males

AgeOrdinaryGuaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$
502.448.0162.335.0142.217.0212.674.024
512.642.0172.510.0162.475.0252.966.026
522.856.0192.702.0172.779.0273.280.028
533.093.0212.913.0193.109.0293.618.030
543.355.0243.145.0213.467.0323.980.032
553.648.0273.400.0323.856.0354.368.034
563.974.0303.793.0384.276.0374.783.036
574.339.0344.250.0414.731.0415.226.039
584.750.0384.750.0455.223.0445.697.041
595.213.0435.298.0495.752.0476.197.044
605.736.0495.896.0546.321.0506.727.046
616.331.0566.548.0596.931.0547.290.049
627.010.0647.260.0647.586.0587.881.052
637.787.0748.034.0708.284.0628.505.054
648.6828.8749.0299.160

Females

AgeOrdinaryGuaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$
502.781.0172.668.0162.557.0212.906.023
512.988.0182.860.0172.814.0243.186.025
523.213.0203.069.0193.110.0263.487.026
533.460.0223.297.0203.428.0283.809.028
543.732.0243.547.0223.771.0304.154.030
554.030.0273.819.0314.140.0334.523.033
564.360.0304.200.0364.538.0354.919.035
574.725.0334.633.0394.967.0385.342.037
585.130.0375.103.0425.431.0415.794.040
595.580.0415.614.0465.930.0446.275.042
606.083.0476.170.0506.467.0486.788.045
616.648.0526.775.0557.047.0517.334.048
627.283.0597.435.0607.670.0557.911.050
638.001.0688.155.0658.339.0598.522.053
648.8178.9399.0559.168

TABLE 1(b)Individual Contracts — Premium Series 1 and 2Integration with Old Age Security Commencing Between Ages 65 and 70

Monthly additional annuity for each $10 a month Old Age Security Pension. For full monthly additional annuity multiply by the monthly amount of Old Age Security Pension divide by 10 and round off to nearest cent.

The last increased payment is the one falling due in the month for which Old Age Security is first payable.

This table applies to persons born in 1904 and before.

Males

Number of Months at Full RateOrdinaryGuar. 10Guar. 15 and Guar. 20
$$$
138.7408.8979.074
148.6568.8229.010
158.5728.7478.946
168.4878.6718.881
178.4038.5968.817
188.3198.5218.753
198.2358.4458.688
208.1508.3708.624
218.0668.2958.560
227.9828.2198.495
237.8988.1448.431
247.8138.0698.367
257.7297.9938.302
267.6457.9188.238
277.5797.8528.178
287.5127.7858.119
297.4467.7198.059
307.3807.6538.000
317.3147.5867.940
327.2477.5207.880
337.1817.4547.821
347.1157.3877.761
357.0497.3217.702
366.9827.2557.642
376.9167.1887.583
386.8507.1227.523
396.7997.0657.469
406.7487.0097.416
416.6976.9527.362
426.6466.8967.309
436.5956.8397.255
446.5436.7837.201
456.4926.7267.148
466.4416.6707.094
476.3906.6137.041
486.3396.5576.987
496.2886.5006.934
506.2376.4446.880
516.1936.3956.832
526.1496.3466.783
536.1056.2976.735
546.0606.2476.686
556.0166.1986.638
565.9726.1496.590
575.9286.1006.541
585.8846.0516.493
595.8396.0026.444
605.7955.9526.396
615.7515.9036.347
625.7075.8546.299

Females

Number of Months at Full RateOrdinaryGuar. 10Guar. 15 and Guar. 20
$$$
138.8378.9409.089
148.7638.8709.027
158.6898.8008.965
168.6158.7308.902
178.5418.6608.840
188.4678.5908.778
198.3938.5208.715
208.3188.4518.653
218.2448.3818.591
228.1708.3118.528
238.0968.2418.466
248.0228.1718.404
257.9488.1018.341
267.8748.0318.279
277.8137.9698.222
287.7527.9088.165
297.6917.8468.108
307.6307.7858.050
317.5697.7237.993
327.5077.6617.936
337.4467.6007.879
347.3857.5387.822
357.3247.4777.765
367.2637.4157.707
377.2027.3547.650
387.1417.2927.593
397.0937.2407.542
407.0457.1887.492
416.9977.1367.441
426.9497.0857.391
436.9017.0337.340
446.8536.9817.289
456.8056.9297.239
466.7576.8777.188
476.7096.8257.138
486.6616.7747.087
496.6136.7227.037
506.5656.6706.986
516.5236.6256.941
526.4806.5806.895
536.4386.5356.850
546.3966.4906.805
556.3546.4456.759
566.3116.3996.714
576.2696.3546.669
586.2276.3096.623
596.1856.2646.578
606.1426.2196.533
616.1006.1746.487
626.0586.1296.442

TABLE 2(a)Individual Contracts — Premium Series 3 and 4Integration with Old Age Security At Age 65

Monthly additional annuity for each $10 a month Old Age Security Pension. Take maturity age to years and completed months, and add the monthly difference times the number of months. For full monthly additional annuity multiply the resulting figure by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security is first payable.

This table applies to persons born in 1905 and after.

Males

Mty AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
502.901.0172.881.0162.824.0152.729.0203.024.022
513.105.0183.082.0183.015.0172.979.0233.292.024
523.329.0203.302.0203.224.0183.257.0253.582.026
533.574.0223.542.0213.449.0203.559.0273.894.028
543.842.0243.804.0243.696.0223.888.0294.230.030
554.139.0274.094.0263.964.0304.245.0324.590.032
564.465.0304.411.0294.334.0344.632.0344.978.034
574.826.0334.762.0324.750.0385.050.0375.394.037
585.226.0375.150.0355.207.0415.504.0405.838.039
595.672.0415.581.0395.704.0455.994.0446.312.042
606.169.0466.060.0496.249.0496.522.0476.819.044
616.725.0526.657.0556.843.0537.092.0517.356.047
627.350.0587.326.0617.490.0587.705.0547.929.050
638.055.0668.064.0678.196.0648.364.0588.534.053
648.8548.8778.9649.0699.173

Females

Mty AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
503.346.0173.328.0173.280.0173.205.0203.387.021
513.561.0193.541.0193.487.0183.451.0223.641.022
523.794.0203.771.0203.710.0203.719.0243.914.024
534.045.0224.020.0223.952.0214.008.0254.207.026
544.319.0244.291.0244.214.0234.318.0274.521.028
554.617.0274.585.0264.496.0294.652.0294.858.030
564.941.0294.904.0294.848.0325.011.0325.219.032
575.295.0325.253.0315.234.0355.399.0345.606.034
585.682.0355.634.0345.655.0385.818.0376.021.037
596.107.0386.052.0386.111.0416.269.0406.466.039
606.574.0436.510.0446.605.0446.756.0436.943.042
617.094.0477.049.0497.143.0487.282.0477.451.045
627.662.0527.644.0547.728.0537.849.0517.995.048
638.296.0588.297.0598.364.0578.461.0548.575.051
649.0019.0139.0589.1209.192

TABLE 2(b)Individual Contracts — Premium Series 3 and 4Integration with Old Age Security Commencing Between Ages 65 and 70

Monthly additional annuity for each $10 a month Old Age Security Pension. For full monthly additional annuity multiply by the monthly amount of Old Age Security Pension divide by 10 and round off to nearest cent.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1904 and before.

Males

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
138.8318.9569.096
148.7588.8889.034
158.6848.8198.973
168.6118.7518.911
178.5388.6838.849
188.4648.6148.788
198.3928.5468.726
208.3198.4798.664
218.2478.4118.603
228.1748.3448.542
238.1028.2768.481
248.0298.2098.420
257.9578.1418.359
267.8938.0808.303
277.8298.0198.246
287.7647.9598.189
297.7007.8988.133
307.6367.8378.076
317.5737.7768.019
327.5097.7157.963
337.4467.6547.906
347.3837.5947.849
357.3197.5337.793
367.2567.4727.737
377.1937.4117.681
387.1407.3597.630
397.0897.3087.579
407.0377.2567.529
416.9857.2047.479
426.9347.1537.429
436.8827.1017.379
446.8307.0497.329
456.7796.9987.279
466.7276.9467.229
476.6756.8947.179
486.6246.8447.129
496.5726.7937.079
506.5286.7487.034
516.4846.7036.989
526.4396.6586.944
536.3966.6136.899
546.3536.5686.854
556.3096.5236.809
566.2666.4786.764
576.2236.4336.719
586.1796.3896.674
596.1366.3446.630
606.0936.3006.586
616.0496.2566.542
626.0066.2126.498

Females

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
138.9749.0429.131
148.9118.9819.074
158.8478.9209.016
168.7848.8598.959
178.7218.7998.902
188.6578.7378.844
198.5948.6758.786
208.5298.6148.729
218.4658.5528.671
228.4018.4908.614
238.3378.4298.556
248.2738.3678.498
258.2098.3058.439
268.1538.2518.387
278.0978.1978.334
288.0418.1438.282
297.9858.0898.229
307.9298.0348.177
317.8747.9798.124
327.8187.9248.072
337.7627.8698.019
347.7067.8147.967
357.6507.7597.914
367.5947.7047.862
377.5397.6497.809
387.4937.6047.764
397.4477.5587.718
407.4017.5127.672
417.3557.4667.626
427.3097.4207.580
437.2647.3747.534
447.2187.3297.489
457.1727.2827.443
467.1257.2357.397
477.0797.1897.351
487.0327.1427.305
496.9857.0957.259
506.9467.0557.219
516.9077.0157.179
526.8686.9757.138
536.8296.9357.097
546.7896.8957.056
556.7496.8557.015
566.7096.8156.974
576.6696.7756.934
586.6296.7346.893
596.5896.6946.852
606.5496.6536.811
616.5096.6126.770
626.4696.5716.729

TABLE 3(a)Individual Contracts — Premium Series 5, 6, 7Integration with Old Age Security At Age 65

Monthly additional annuity for each $10 a month Old Age Security Pension. Take maturity age to years and completed months, and add the monthly difference times the number of months. For full monthly additional annuity multiply the resulting figure by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1905 and after.

Males

Mty AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
503.211.0173.194.0173.144.0163.063.0203.277.021
513.424.0193.404.0193.345.0183.309.0223.535.023
523.654.0213.632.0203.564.0193.579.0243.814.024
533.906.0223.879.0223.801.0213.872.0264.113.026
544.181.0244.149.0244.059.0234.189.0284.434.028
554.480.0274.443.0264.337.0304.532.0304.780.030
564.809.0304.764.0294.697.0334.902.0335.151.033
575.169.0325.117.0325.096.0365.302.0365.549.035
585.564.0365.504.0355.532.0395.734.0385.976.038
596.000.0405.930.0396.005.0426.200.0426.433.040
606.483.0446.400.0466.519.0466.704.0456.921.043
617.018.0496.962.0527.079.0507.248.0487.444.046
627.613.0557.587.0577.689.0557.834.0528.000.049
638.276.0618.273.0628.353.0608.464.0568.591.052
649.0199.0279.0779.1449.219

Females

Mty AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
503.698.0183.690.0183.668.0173.629.0193.719.019
513.915.0193.906.0193.880.0193.859.0203.957.021
524.149.0214.139.0204.109.0204.110.0224.213.022
534.401.0224.389.0224.355.0224.379.0244.487.024
544.674.0244.659.0244.619.0234.670.0264.783.026
554.968.0264.952.0264.905.0274.984.0285.099.028
565.286.0295.269.0285.236.0305.321.0305.440.030
575.634.0315.611.0315.599.0325.685.0325.807.032
586.009.0345.984.0335.991.0356.079.0356.201.035
596.419.0376.389.0366.417.0386.504.0386.624.037
606.867.0416.832.0416.879.0416.963.0417.079.040
617.359.0447.334.0467.381.0457.459.0447.567.043
627.898.0497.886.0507.927.0497.996.0488.091.046
638.491.0548.489.0558.523.0538.577.0528.651.050
649.1469.1499.1709.2059.251

TABLE 3(b)Individual Contracts — Premium Series 5, 6, 7Integration with Old Age Security Commencing Between Ages 65 and 70

Monthly additional annuity for each $10 a month Old Age Security Pension. For full monthly additional annuity multiply by the monthly amount of Old Age Security Pension divide by 10 and round off to the nearest cent.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1904 and before.

Males

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
138.9629.0459.151
148.8928.9799.091
158.8238.9149.031
168.7548.8488.971
178.6848.7828.911
188.6158.7178.851
198.5468.6528.791
208.4778.5878.731
218.4088.5228.671
228.3398.4578.611
238.2698.3928.551
248.2008.3278.491
258.1318.2628.431
268.0708.2048.376
278.0098.1458.321
287.9498.0878.266
297.8888.0298.211
307.8277.9708.156
317.7667.9128.101
327.7057.8548.046
337.6447.7957.991
347.5847.7377.936
357.5247.6797.881
367.4647.6207.826
377.4047.5627.772
387.3647.5177.726
397.3257.4737.680
407.2867.4297.634
417.2477.3847.589
427.2087.3407.543
437.1697.2967.497
447.1297.2527.451
457.0907.2087.406
467.0517.1647.361
477.0127.1197.316
486.9737.0757.271
496.9347.0317.226
506.8906.9897.184
516.8466.9467.141
526.8016.9047.099
536.7566.8617.056
546.7116.8197.014
556.6666.7766.971
566.6216.7346.929
576.5766.6936.886
586.5316.6516.844
596.4866.6096.803
606.4416.5686.761
616.3966.5266.719
626.3496.4846.678

Females

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
139.1039.1419.201
149.0449.0849.146
158.9849.0259.091
168.9248.9679.036
178.8648.9098.980
188.8048.8508.924
198.7448.7928.869
208.6848.7348.813
218.6248.6758.757
228.5648.6178.701
238.5048.5598.645
248.4448.5008.589
258.3848.4428.534
268.3318.3908.484
278.2798.3398.434
288.2268.2878.384
298.1748.2358.334
308.1218.1848.284
318.0698.1328.233
328.0168.0808.182
337.9648.0298.131
347.9117.9778.080
357.8587.9248.029
367.8047.8727.979
377.7517.8197.928
387.7127.7797.887
397.6737.7397.846
407.6347.6997.805
417.5947.6597.764
427.5557.6197.724
437.5167.5797.682
447.4777.5397.640
457.4387.4997.599
467.3997.4597.557
477.3597.4197.515
487.3197.3787.474
497.2797.3377.432
507.2437.2997.394
517.2067.2627.357
527.1697.2247.319
537.1337.1877.281
547.0957.1497.243
557.0587.1127.204
567.0207.0747.166
576.9837.0377.128
586.9456.9997.089
596.9086.9627.051
606.8706.9247.013
616.8336.8856.974
626.7956.8476.936

TABLE 4(a)Individual Contracts — All Immediate Annuities and Series 8 MaturedIntegration with Old Age Security At Age 65

Monthly additional annuity for each $10 a month Old Age Security Pension. Take maturity age to years and completed months, and add the monthly difference times the number of months. For full monthly additional annuity multiply the resulting figure by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1905 and after.

Males

AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
502.872.0182.849.0182.812.0172.749.0202.958.021
513.091.0193.066.0193.020.0182.997.0223.215.023
523.329.0213.303.0213.247.0203.271.0243.493.025
533.590.0233.560.0233.493.0223.569.0263.794.027
543.874.0253.842.0253.761.0243.893.0294.119.029
554.185.0284.150.0274.053.0314.244.0314.471.031
564.529.0314.484.0304.427.0344.626.0344.854.034
574.905.0344.853.0344.844.0375.041.0375.268.037
585.323.0385.262.0375.297.0415.494.0405.712.040
595.783.0425.715.0415.795.0455.982.0446.193.043
606.295.0476.215.0496.338.0496.512.0486.711.046
616.866.0536.813.0556.930.0547.091.0527.267.050
627.505.0597.483.0617.581.0597.716.0567.867.053
638.215.0668.218.0678.291.0658.399.0618.509.057
649.0149.0259.0749.1369.202

Females

AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
503.218.0193.209.0193.187.0183.156.0203.237.020
513.447.0203.437.0203.411.0203.397.0213.487.022
523.694.0223.683.0223.652.0213.660.0233.758.024
533.960.0233.948.0233.913.0233.945.0254.050.026
544.247.0254.235.0254.193.0254.252.0274.366.027
554.558.0284.541.0274.494.0294.582.0294.701.030
564.896.0304.876.0304.847.0324.939.0325.062.032
575.264.0335.241.0335.232.0355.328.0355.450.035
585.666.0375.641.0365.653.0385.749.0385.873.038
596.111.0406.076.0406.113.0416.206.0416.330.041
606.597.0446.559.0456.614.0456.705.0456.822.044
617.132.0497.107.0507.162.0497.248.0497.354.048
627.724.0547.713.0557.760.0557.838.0537.930.051
638.381.0608.380.0618.422.0598.479.0588.549.055
649.1119.1169.1399.1769.219

TABLE 4(b)Individual Contracts — All Immediate Annuities and Series 8 MaturedIntegration with Old Age Security Commencing Between Ages 65 and 70

Monthly additional annuity for each $10 a month Old Age Security Pension. For full monthly additional annuity multiply by the monthly amount of Old Age Security Pension divide by 10 and round off to the nearest cent.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1904 and before.

Males

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
139.0109.0779.159
148.9389.0099.095
158.8678.9409.031
168.7958.8718.968
178.7248.8038.904
188.6528.7358.840
198.5808.6678.777
208.5098.5988.713
218.4378.5308.649
228.3668.4618.585
238.2948.3938.521
248.2238.3248.458
258.1518.2568.394
268.0888.1958.336
278.0258.1348.278
287.9628.0748.220
297.9008.0138.162
307.8377.9528.104
317.7747.8918.046
327.7117.8317.988
337.6487.7707.930
347.5857.7097.872
357.5237.6487.814
367.4607.5887.756
377.3977.5277.698
387.3467.4757.647
397.2937.4237.596
407.2417.3717.545
417.1897.3197.494
427.1377.2677.443
437.0847.2167.392
447.0327.1647.341
456.9807.1127.290
466.9287.0607.239
476.8767.0087.188
486.8246.9567.137
496.7726.9047.086
506.7266.8577.038
516.6796.8106.990
526.6336.7626.942
536.5866.7156.895
546.5406.6686.847
556.4936.6216.799
566.4476.5746.751
576.4016.5276.703
586.3546.4796.655
596.3086.4326.608
606.2616.3856.560
616.2156.3386.512
626.1696.2916.464

Females

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
139.1069.1419.193
149.0419.0789.132
158.9769.0149.072
168.9118.9519.011
178.8468.8888.950
188.7818.8248.890
198.7178.7618.829
208.6528.6988.768
218.5878.6348.708
228.5228.5718.647
238.4578.5088.586
248.3928.4448.526
258.3278.3818.465
268.2708.3258.410
278.2138.2688.355
288.1568.2128.300
298.0998.1568.246
308.0428.1008.191
317.9848.0438.136
327.9277.9878.081
337.8707.9318.026
347.8137.8757.971
357.7567.8187.917
367.6997.7627.862
377.6427.7067.807
387.5947.6587.759
397.5467.6117.712
407.4987.5637.664
417.4517.5157.616
427.4037.4687.569
437.3557.4207.521
447.3077.3727.473
457.2597.3257.426
467.2117.2777.378
477.1647.2297.330
487.1167.1827.283
497.0687.1347.235
507.0267.0917.191
516.9837.0477.147
526.9417.0047.102
536.8986.9617.058
546.8566.9177.014
556.8136.8746.970
566.7716.8316.926
576.7296.7876.882
586.6866.7446.837
596.6446.7016.793
606.6016.6576.749
616.5596.6146.705
626.5176.5716.661

SCHEDULE II(Section 12)

TABLE 5(a)Group Rates — Premium Series 4Integration with Old Age Security At Age 65

Yearly additional, payable in monthly instalments, for each $10 a month Old Age Security Pension. Take retirement age to years and completed months and add the monthly difference times the number of months. For full yearly additional annuity multiply the resulting figure by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1905 and after.

Males

AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
5034.82.2034.58.2033.89.1932.76.2436.29.26
5137.27.2236.99.2236.19.2035.75.2739.51.29
5239.95.2439.63.2438.69.2239.09.3042.99.31
5342.89.2642.51.2641.40.2442.72.3246.73.33
5446.11.2945.66.2844.36.2646.66.3550.77.36
5549.67.3249.13.3147.58.3650.95.3855.09.38
5653.59.3652.94.3552.01.4155.59.4159.74.41
5757.92.4057.15.3857.01.4560.61.4564.73.44
5862.72.4461.81.4362.49.4966.05.4970.06.47
5968.07.4966.98.4768.46.5471.93.5275.75.50
6074.03.5572.73.5975.00.5978.27.5781.83.53
6180.71.6279.89.6682.12.6485.11.6188.28.57
6288.21.7087.92.7389.89.7092.47.6595.15.60
6396.67.7996.77.8198.36.76100.37.70102.42.63
64106.25106.53107.57108.84110.08

Females

AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
5040.16.2139.94.2139.37.2038.47.2440.65.25
5142.74.2342.50.2341.85.2241.42.2643.70.27
5245.53.2545.26.2444.53.2444.63.2846.98.29
5348.55.2748.25.2747.43.2648.10.3150.49.31
5451.84.2951.50.2950.57.2851.82.3354.26.33
5555.41.3255.03.3153.96.3555.83.3558.30.36
5659.30.3558.86.3458.18.3860.14.3862.63.38
5763.55.3863.04.3862.82.4264.79.4167.28.41
5868.19.4267.62.4167.87.4569.82.4572.26.44
5973.29.4672.63.4573.34.4975.23.4877.60.47
6078.90.5178.13.5379.27.5381.08.5283.32.50
6185.13.5684.60.5985.72.5887.39.5689.42.54
6291.95.6391.74.6592.74.6394.19.6195.95.58
6399.56.7099.57.71100.37.69101.54.65102.91.61
64108.02108.16108.70109.45110.31

TABLE 5(b)Group Rates — Premium Series 4Integration with Old Age Security Commencing Between Ages 65 and 70

Yearly additional annuity payable in monthly instalments, for each $10 a month Old Age Security Pension. For full yearly additional annuity multiply by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1904 and before.

Males

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
13105.98107.48109.16
14105.10106.66108.42
15104.22105.84107.68
16103.34105.02106.94
17102.46104.20106.20
18101.58103.38105.46
19100.71102.56104.72
2099.84101.75103.98
2198.97100.94103.24
2298.10100.13102.51
2397.2399.32101.78
2496.3698.51101.05
2595.4997.70100.32
2694.7296.9799.64
2793.9596.2498.96
2893.1895.5198.28
2992.4194.7897.60
3091.6494.0596.92
3190.8893.3296.24
3290.1292.5995.56
3389.3691.8694.88
3488.6091.1394.20
3587.8490.4093.52
3687.0889.6792.85
3786.3288.9492.18
3885.6988.3291.57
3985.0787.7090.96
4084.4587.0890.35
4183.8386.4689.75
4283.2185.8489.15
4382.5985.2288.55
4481.9784.6087.95
4581.3583.9887.35
4680.7383.3686.75
4780.1182.7486.15
4879.4982.1385.55
4978.8781.5284.95
5078.3480.9884.41
5177.8180.4483.87
5277.2879.9083.33
5376.7679.3682.79
5476.2478.8282.25
5575.7278.2881.71
5675.2077.7481.17
5774.6877.2080.63
5874.1676.6780.10
5973.6476.1479.57
6073.1275.6179.04
6172.6075.0878.51
6272.0874.5577.98

Females

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
13107.69108.51109.58
14106.93107.78108.89
15106.17107.05108.20
16105.41106.32107.51
17104.65105.59106.82
18103.89104.85106.13
19103.13104.11105.44
20102.36103.37104.75
21101.59102.63104.06
22100.82101.89103.37
23100.05101.15102.68
2499.28100.41101.98
2598.5199.67101.28
2697.8499.02100.65
2797.1798.37100.02
2896.5097.7299.39
2995.8397.0798.76
3095.1696.4298.13
3194.4995.7697.50
3293.8295.1096.87
3393.1594.4496.24
3492.4893.7895.61
3591.8193.1294.98
3691.1492.4694.35
3790.4791.8093.72
3889.9291.2593.17
3989.3790.7092.62
4088.8290.1592.07
4188.2789.6091.52
4287.7289.0590.97
4387.1788.5090.42
4486.6287.9589.87
4586.0787.3989.32
4685.5186.8388.77
4784.9586.2788.22
4884.3985.7187.67
4983.8385.1587.11
5083.3684.6786.63
5182.8984.1986.15
5282.4283.7185.66
5381.9583.2385.17
5481.4782.7584.68
5580.9982.2784.19
5680.5181.7983.70
5780.0381.3183.21
5879.5580.8282.72
5979.0780.3382.23
6078.5979.8481.74
6178.1179.3581.25
6277.6378.8680.76

TABLE 6(a)Group Rates — Premium Series 5, 6, 7, 8Integration with Old Age Security At Age 65

Yearly additional annuity, payable in monthly instalments, for each $10 a month Old Age Security Pension. Take retirement age in years and completed months and add the monthly difference times the number of months. For full yearly additional annuity multiply the resulting figure by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1905 and after.

Males

AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
5038.54.2138.33.2137.73.2036.76.2439.33.25
5141.09.2340.85.2240.15.2139.71.2742.43.27
5243.86.2543.59.2442.77.2342.95.2945.77.29
5346.88.2746.56.2645.62.2546.47.3149.36.32
5450.18.2949.79.2948.71.2750.27.3453.22.34
5553.77.3253.32.3252.05.3654.39.3757.37.37
5657.71.3657.18.3556.37.3958.83.4061.82.39
5762.03.3961.41.3861.16.4363.63.4366.59.42
5866.78.4366.05.4266.39.4768.81.4671.72.45
5972.01.4871.17.4772.07.5174.41.5077.20.48
6077.80.5376.81.5678.24.5680.45.5483.06.52
6184.22.5983.55.6284.96.6086.98.5889.33.55
6291.36.6691.05.6892.27.6694.01.6396.01.59
6399.32.7499.28.75100.24.72101.58.68103.10.62
64108.23108.33108.93109.74110.64

Females

AgeOrdinaryGuaranteed 5Guaranteed 10Guaranteed 15Guaranteed 20
Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.Mon. Diff.
$$$$$
5044.38.2144.29.2144.02.2143.55.2344.64.23
5146.99.2346.88.2346.57.2246.32.2547.49.25
5249.79.2549.67.2549.31.2449.33.2650.56.27
5352.82.2752.68.2752.27.2652.56.2953.85.29
5456.09.2955.92.2955.44.2856.05.3157.40.31
5559.62.3159.43.3158.87.3359.81.3361.20.34
5663.44.3463.23.3462.84.3663.86.3665.29.36
5767.61.3767.34.3767.19.3968.23.3969.69.39
5872.12.4071.81.4071.90.4272.95.4274.42.42
5977.03.4476.68.4477.01.4678.05.4579.50.45
6082.41.4981.99.5082.56.5083.56.4984.96.48
6188.31.5388.02.5588.58.5489.52.5390.81.52
6294.78.5994.64.6095.13.5995.96.5897.10.56
63101.90.65101.88.66102.28.64102.93.62103.82.60
64109.76109.80110.05110.47111.02

TABLE 6(b)Group Rates — Premium Series 5, 6, 7, 8Integration with Old Age Security Commencing Between Ages 65 and 70

Yearly additional annuity, payable in monthly instalments, for each $10 a month Old Age Security Pension. For full yearly additional annuity multiply by the monthly Old Age Security Pension and divide by 10.

The last increased payment is the one falling due in the month for which Old Age Security Pension is first payable.

This table applies to persons born in 1904 and before.

Males

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
13107.55108.55109.82
14106.71107.76109.10
15105.88106.97108.38
16105.05106.18107.66
17104.22105.39106.94
18103.39104.61106.22
19102.56103.83105.50
20101.73103.05104.78
21100.90102.27104.06
22100.07101.49103.34
2399.24100.71102.62
2498.4199.93101.90
2597.5899.15101.18
2696.8598.45100.52
2796.1297.7599.86
2895.3997.0599.20
2994.6696.3598.54
3093.9395.6597.88
3193.2094.9597.22
3292.4794.2596.56
3391.7493.5595.90
3491.0192.8595.24
3590.2992.1594.58
3689.5791.4593.92
3788.8590.7593.27
3888.3890.2192.72
3987.9189.6892.17
4087.4489.1591.62
4186.9788.6291.07
4286.5088.0990.52
4386.0387.5689.97
4485.5687.0389.42
4585.0986.5088.88
4684.6285.9788.34
4784.1585.4487.80
4883.6884.9187.26
4983.2284.3886.72
5082.6983.8786.21
5182.1683.3685.70
5281.6282.8585.19
5381.0882.3484.68
5480.5481.8384.17
5580.0081.3283.66
5679.4680.8283.15
5778.9280.3282.64
5878.3879.8282.14
5977.8479.3281.64
6077.3078.8281.14
6176.7678.3280.64
6276.2077.8280.14

Females

Number of Months at Full RateOrdinary and Guar. 5Guar. 10Guar. 15 and Guar. 20
$$$
13109.24109.70110.42
14108.53109.01109.76
15107.81108.31109.10
16107.09107.61108.44
17106.37106.91107.77
18105.65106.21107.10
19104.93105.51106.43
20104.21104.81105.76
21103.49104.11105.09
22102.77103.41104.42
23102.05102.71103.75
24101.33102.01103.08
25100.61101.31102.41
2699.98100.69101.81
2799.35100.07101.21
2898.7299.45100.61
2998.0998.83100.01
3097.4698.2199.41
3196.8397.5998.80
3296.2096.9798.19
3395.5796.3597.58
3494.9495.7396.97
3594.3095.1096.36
3693.6694.4795.75
3793.0293.8495.14
3892.5593.3694.65
3992.0892.8894.16
4091.6192.4093.67
4191.1491.9293.18
4290.6791.4492.69
4390.2090.9692.19
4489.7390.4891.69
4589.2690.0091.19
4688.7989.5290.69
4788.3289.0390.19
4887.8488.5489.69
4987.3688.0589.19
5086.9287.6088.74
5186.4887.1588.29
5286.0486.7087.84
5385.6086.2587.38
5485.1585.8086.92
5584.7085.3586.46
5684.2584.9086.00
5783.8084.4585.54
5883.3584.0085.08
5982.9083.5584.62
6082.4583.0984.16
6182.0082.6383.70
6281.5582.1783.24
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