Please note that the following document, although believed to be correct at the time of issue, may not represent the current position of the CRA.
Prenez note que ce document, bien qu'exact au moment émis, peut ne pas représenter la position actuelle de l'ARC.
Dear Sirs:
Re: Life Expectancy Tables - Joint and Last Survivor
This is in reply to your correspondence concerning life expectancy tables sent by facsimile transmission July 8, 1991.
As stated in our telephone conversation, we confirm that the factor to be used for an annuity based on the a joint and last survivor in the case of a 70 year old female and a 76 year old man is 17.7.
For your information, we have enclosed a copy of the table this Department uses to determine the factors for joint and last survivor involving a female and male and with no guaranteed annuity period. This table is based on the 1971 Individual Annuity Mortality Table referred to in subsection 300(2) of the Income Tax Regulations (the "Regulations"). The aforementioned table will remain in effect until this Regulation is amended.
The Department of Finance has the responsibility to propose amendments to the Regulations. At present there are no proposals to amend subsection 300(2) of the Regulations. Usually, proposals to amend the Regulations are publicized in a press release by the Department of Finance.
As requested we are sending a facsimile transmission of this letter and the enclosed table. Our letter will be sent by regular mail.
We trust this information will be of assistance.
All rights reserved. Permission is granted to electronically copy and to print in hard copy for internal use only. No part of this information may be reproduced, modified, transmitted or redistributed in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, or stored in a retrieval system for any purpose other than noted above (including sales), without prior written permission of Canada Revenue Agency, Ottawa, Ontario K1A 0L5
© Her Majesty the Queen in Right of Canada, 1991
Tous droits réservés. Il est permis de copier sous forme électronique ou d'imprimer pour un usage interne seulement. Toutefois, il est interdit de reproduire, de modifier, de transmettre ou de redistributer de l'information, sous quelque forme ou par quelque moyen que ce soit, de facon électronique, méchanique, photocopies ou autre, ou par stockage dans des systèmes d'extraction ou pour tout usage autre que ceux susmentionnés (incluant pour fin commerciale), sans l'autorisation écrite préalable de l'Agence du revenu du Canada, Ottawa, Ontario K1A 0L5.
© Sa Majesté la Reine du Chef du Canada, 1991
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