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Jan 1,2003
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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 2003
654,700 411,554 (est) 234,146 (est) 2004
654,700 378,554 (est) 276,146 (est)
* $ amounts in thousands
For detailed analysis of 2002, click on Valuation as at Jan 1 2003
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
* $ 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% |
E&OE
Page Last Revised
20 Feb 2006