CLPENS

The Canada Life Canadian Pension Plan

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Financial Data
 

Actuarial Valuation of Liabilities

 (completed every 3 years)

        

YEAR ASSETS* LIABILITIES* SURPLUS*
       

1996

497,463 287,087 210,375

1999

677,839 341,714 336,125

2002

591,465 411,554 179,911

2005

800,710 500,034 300,676

*  $ amounts in thousands 

 

For detailed analysis of 2005, click on Valuation as at Jan 1 2006

Employee Contributions/Expenses Charged/Company Savings (by year)

         

  EMPLOYEE

EXPENSES

COMPANY
YEAR CONTRIB.*

CHARGED*

SAVINGS*
       

1992

2,782

 

 

1993

2,901

 

10,532

1994

2,796

2,542

11,091

1995

2,696

1,734

10,900

1996

2,701

2,055

 9,770

1997

2,788

2,345

10,790

1998

2,780

2,342

10,790

1999

2,912

3,692

10,790

2000

4,385

4,937

17,256

2001

4,568

4,344

17,256

2002

4,557

3,356

18,444

2003

5,078

2,848

18,444

2004

3,433

3,314

14,689

2005

2,185

3,302

 9,653

2006

1,825

3,218

 8,875

2007

1,697

3,549

 8,533

 

*  $ amounts in thousands

 

Canada Life has not contributed since the 1980s. Data prior to 1992 is not available at this time.

Note that the column entitled COMPANY SAVINGS  represents the Effective Return of Pension Surplus to the Company

 

                                           *                       

Pension Fund Investment Returns

   

YEAR

RETURN  
     
1997 14.04%  
1998  8.65%  
1999 14.21%  
2000 9.00%  
2001 -5.89%     decrease in net assets -...$64,646,000
2002 -10.08%     decrease in net assets -...$86,228,000
2003 13.71%  
2004 10.98%  
2005 15.82%  
2006 10.51%  
2007 -0.67%

   decrease in net assets -...$17,825,000

E&OE

Page Last Revised

07 Dec 2009

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