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R-10, r. 2 - Regulation under the Act respecting the Government and Public Employees Retirement Plan

Section 46.8
Disposition versions

Full text
46.8. The rate of interest in Schedule VII to the Act is applicable from 1 June of a given year to 31 May of the following year. The rate is established by determining the arithmetic mean, for the 12-month period ending on 31 December of the preceding year, of the nominal rates of interest on negotiable bonds issued by the Government of Canada for a term of 3 to 5 years as compiled by Statistics Canada and published in the Bank of Canada Review under the identification No. V-122485 in the CANSIM System.
T.B. 202419, s. 17; T.B. 213342, s. 2.
46.8. The annual rate of interest in Schedule VII to the Act is established as at 1 June of each year. It is equal to the arithmetic mean, for the 12-month period ending on 31 December of the preceding year, of the nominal rates of interest on negotiable bonds issued by the Government of Canada for a term of 3 to 5 years as compiled by Statistics Canada and published in the Bank of Canada Review under the identification No. V-122485 in the CANSIM System.
T.B. 202419, s. 17.
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