​​​​​Pensions Fund

For members who wish to convert their accumulated retirement savings into a regular monthly income, the Plan offers a fixed monthly pension. These monthly pensions are paid from our Pensions Fund, which is invested in high-quality, long-term bonds.​

Around the 20th of each month, the Plan sets the annuity rate for new pensions that will start in the following month. This annuity rate is used to calculate the payments for these new pensions.​

 

Historical annuity rates

% 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Average -- 2.87 2.82 2.88 3.58 3.62 3.52 4.38 4.68 5.27 5.03
January 2.70 3.20 3.00 3.20 4.00 3.30 3.60 4.60 5.00 5.50 4.70
February 2.90 3.10 2.90 2.90 3.90 3.40 3.70 4.80 4.90 5.50 4.80
March 3.00 3.00 2.90 2.70 3.80 3.50 3.70 4.80 4.90 5.40 5.00
April 2.90 3.00 3.00 2.60 3.70 3.40 3.80 4.70 4.80 5.60 5.00
May 3.00 2.70 3.00 2.60 3.70 3.20 3.60 4.70 4.90 5.50 5.00
June 3.10 2.60 2.90 2.90 3.60 3.30 3.50 4.50 4.60 5.40 4.80
July 2.80 2.50 2.80 2.90 3.50 3.60 3.40 4.30 4.70 5.40 4.90
August 2.80 2.80 2.60 2.90 3.40 3.70 3.30 4.30 4.50 5.30 4.90
September 2.90 2.80 2.50 2.70 3.30 4.00 3.50 3.90 4.50 4.90 4.90
October 3.10 3.00 2.60 3.00 3.50 4.10 3.40 4.00 4.50 5.00 5.50
November 3.10 2.90 2.60 3.10 3.30 4.00 3.40 4.10 4.40 4.80 5.30
December -- 2.80 3.00 3.10 3.30 4.00 3.40 3.80 4.40 4.90 5.50