Locked-In Registered Income Fund

Continue to benefit from tax sheltered investment growth with a Locked-in Retirement Income Fund (LRIF). As a qualified registered pension holder you'll enjoy tax-sheltered growth on your investments with minimum payments made monthly, quarterly, semi-annually or annually. The amount of the annual minimum payment is determined by the age of the plan holder or his/her spouse. The earliest a member can establish a LRIF is 10 years from the normal retirement date as outlined in the pension plan. The LRIF funds may come from:

1. A Locked In Retirement Account (LIRA)
2. Directly from an eligible pension plan
3. Another LRIF under Ontario pension jurisdiction

All deposits are insured for up to $100,000 per plan through the Deposit Insurance Corporation of Ontario.

Effective November 3, 2007