# ON Maximum Existing LIF Payment 2013

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2/7/2013
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```							                                        Ontario Jurisdiction Maximum 2013 LIF Payment Calculation
Existing LIF
This calculation worksheet assists in determining the maximum LIF payments under the Ontario pension jurisdiction.
This worksheet is not meant to replace any manual calculation requirements of your credit union's trustee or internal policies.
RP Success does not accept any liability for any loss or damage which may arise directly or indirectly from the use of this worksheet.

Annuitant's Name
Annuitant's Birth Date                                             DD-MMM-YY                  Annuitant's Age at 2013 Jan 1st                    112
LIF contract #
LIF Value as at Jan 1, 2013     \$                   -     value equals principle plus interest up to and including Dec 31, 2012.
Plan value as at Jan 1, 2012     \$                       - value equals principle plus interest up to and including Dec 31, 2011.
All amounts transferred to this LIF in 2012    \$                       -
Total 2012 payment received        \$                       -
Maximum Payment Calculation Based on CANSIM
Plan Value               x                Factor % based on Age
\$                 -           x                   100.00000%                   \$                      -
Maximum Payment Calculation Based on Income Earned in Prior Year                       Completed applicable information in shaded boxes
minus amounts trsf-in       plus amounts trst-out    plus payments & w/ds in plus income from trsf-in LIF/LRIF from
Plan Value @ Jan 1'13       minus Plan value @ Jan 1'12
during 2012               during 2012                   2012                  2012 (2nd year of plan only)
\$                 -     \$                  -                    \$                    -     \$                   -      \$                 -                       \$                   -
\$0.00

Minimum Payment Calculation                         Based on annuitant's age. If minimum age is based on spouse's, refer to data system's calculation
Plan Value               x                Minimum Payment %
\$                 -           x                        20.00%                  \$                      -

Existing Contract
Annual Maximum Payment                                                  #REF!

1/1/2013
Print date:         2/7/2013
50     6.26996%
51     6.31073%
52     6.35454%
53     6.40164%
54     6.45234%
55     6.50697%
56     6.56589%
57     6.62952%
58     6.69833%
59     6.77285%
60     6.85367%
61     6.94147%
62     7.03703%
63     7.14124%
64     7.25513%
65     7.37988%
66     7.51689%
67     7.66778%
68     7.83449%
69     8.01930%
70     8.22496%
71     8.45480%
72     8.71288%
73     9.00423%
74     9.33511%
75     9.71347%
76    10.14952%   Life Income Table Nov 11 CANSIM minimum 6.00%
77    10.65661%
78    11.25255%
79    11.96160%
80    12.81773%
81    13.87002%
82    15.19207%
83    16.89953%
84    19.18515%
85    22.39589%
86    27.22561%
87    35.29338%
88    51.45631%
89   100.00000%
35   1.82%
36   1.85%
37   1.89%
38   1.92%
39   1.96%
40   2.00%
41   2.04%
42   2.08%
43   2.13%
44   2.17%
45   2.22%
46   2.27%
47   2.33%
48   2.38%
49   2.44%
50   2.50%
51   2.56%
52   2.63%
53   2.70%
54   2.78%
55   2.86%
56   2.94%
57   3.03%
58   3.13%
59   3.23%
60   3.33%
61   3.45%
62   3.57%
63   3.70%
64   3.85%
65   4.00%
66   4.17%
67   4.35%
68   4.55%
69   4.76%
70   5.00%
71   7.38%
72   7.48%
73   7.59%
74   7.71%
75   7.85%
76   7.99%
77   8.15%
78   8.33%
79   8.53%
80   8.75%
81   8.99%
82    9.27%
83    9.58%
84    9.93%
85   10.33%
86   10.79%
87   11.33%
88   11.96%
89   12.71%
90   13.62%
91   14.73%
92   16.12%
93   17.92%
94   20.00%

```
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