Not exact matches
Members are required to contribute 0.75 percent more of their salary in years when the
actual investment returns on the
pension plan are 1 percent or more below the assumed rate of return.
But, the report cautions, the CPP payment promises rely on assumed returns on
investment much higher than
actual yields on fixed - income assets suitable for backing that kind of sovereign - grade
pension obligation.
Chart 1 shows the evolution of selected
actual pension fund
investments since 1981.
As some of your
investments may not be subject to these income deeming rules, the
actual treatment of any such
investments may differ from that adopted by the calculator and this could affect the age
pension you will receive.
The taxpayer wanted to know if she could ignore the average annual rate for the year and use the
actual exchange rates she received from her bank when she deposited her foreign
pension and
investment income into her Canadian bank account.
Charlie Bilello at
Pension Partners compared past 7 - year forecasts by GMO (an
investment management firm) to
actual returns and found large differences between predicted and
actual results.