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What are the SPAF rates?

April 26, 2017rates spaf

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What are the SPAF rates?

1 Answer

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Effective June 2008, SPAF uses a three-tiered annuity rate determined weekly by current Government of Canada benchmark mid to long-term bond yields. PEPP members that are within one year of retirement can call PEPP at 1-877-275-7377 to request an estimate of monthly annuity income that may be provided by SPAF. If you wish to purchase an annuity from SPAF, please complete the SPAF Annuity Request form at least 14 days prior to the commencement of an annuity. All annuities commence the first of the month.