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

4 (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 year	Applies to annuitants born in the calendar years
  1945	1890 and before
  1955	1891-1900
  1965	1901-1910
  1975	1911-1920
  1985	1921-1930
  1995	1931-1940
  2005	1941-1950
  2015	1951-1960
  2025	1961-1970

(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(4) [Repealed, SOR/97-495, s. 3]