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Organizations: Treasury Board and Finance Tags: life income funds

Views: 4117
Updated

September 3, 2019

Description

All banks, credit unions, trust companies and insurance companies offering LIRAs, LIFs and LRIFs to customers must be on the Superintendent’s List of Financial Institutions offering locked-in pension products, in order to accept transfers of locked-in funds. NOTE: This list is updated regularly....


Views: 837
Updated

January 2, 2019

Description

This document contains: Life Income Fund (LIF) interest rate and withdrawal calculations as per CANSIM (Canadian Socio-Economic Information Management System); Table A: LIF minimum and maximum withdrawal rates; Table B: Employment Pension Plans Act and Regulation Prescribed Amounts (on or after...


Views: 2590
Updated

October 17, 2018

Description

The following document provides questions and answers on reasons to unlock funds in your locked-in retirement account (LIRA) or life income fund (LIF) due to financial hardship. Please refer to the CURRENT version. Previous versions are included for historical purposes only.


Views: 2726
Updated

October 17, 2018

Description

The following document provides questions and answers on the process to unlock funds in your locked-in retirement account (LIRA) or life income fund (LIF) due to financial hardship. Please refer to the CURRENT version. Previous versions are included for historical purposes only.


Views: 1760
Updated

September 1, 2014

Description

The following document describes the process to unlock funds in your locked-in retirement account (LIRA) or life income fund (LIF) due to financial hardship.