The following annuity rates are based on $100,000 of registered funds (RRSP, RRIF, RPP, LIRA etc). The monthly annuity income is for your lifetime. There is no guarantee option on the rates below that will provide a lumb sum payment to your beneficiaries.
Male Annuity Rate
Company
Age
55
60
65
69
70
75
BMO Insurance
448.78
495.19
560.31
626.10
645.80
761.60
Canada Life
501.54
544.88
600.91
666.99
703.24
0.00
Desjardins Fin.
465.95
518.63
590.71
666.15
687.92
807.15
Empire Life
462.76
517.59
597.99
678.55
701.89
837.30
Great-West Life
501.54
544.88
600.91
666.99
703.24
0.00
London Life
501.54
544.88
600.91
666.99
703.24
0.00
Manulife
449.69
499.28
567.55
637.25
661.23
791.45
Standard Life
467.48
515.78
583.60
656.60
678.02
748.73
Sun Life
478.52
534.47
609.46
684.73
706.35
837.40
Female Annuity Rate
Company
Age
55
60
65
69
70
75
BMO Insurance
418.92
455.79
507.30
558.60
574.17
668.82
Canada Life
459.68
500.21
544.71
587.64
615.31
0.00
Desjardins Fin.
425.37
467.13
523.95
584.67
602.71
704.47
Empire Life
431.33
472.43
533.11
595.61
614.13
726.89
Great-West Life
459.68
500.21
544.71
587.64
615.31
0.00
London Life
459.68
500.21
544.71
587.64
615.31
0.00
Manulife
422.55
463.36
520.52
577.29
596.82
703.68
Standard Life
442.05
482.14
537.41
597.82
616.09
693.64
Sun Life
444.18
494.69
558.42
621.27
639.26
748.69
Joint Annuity Rate
Company
Age
55
60
65
69
70
75
BMO Insurance
384.91
412.97
452.90
492.58
504.75
581.40
Canada Life
406.74
477.75
509.23
542.03
565.14
0.00
Desjardins Fin.
391.41
424.09
468.63
516.06
530.00
605.32
Empire Life
395.89
424.63
467.87
512.61
525.94
607.71
Great-West Life
406.74
477.75
509.23
542.03
565.14
0.00
London Life
406.74
477.75
509.23
542.03
565.14
0.00
Manulife
380.51
411.27
452.05
491.80
506.68
581.44
Standard Life
405.77
435.39
476.19
520.48
533.69
583.43
Sun Life
407.02
445.11
496.84
546.54
560.69
641.10
About the Author
Phil Barker
Phil Barker is a leading expert on life annuities in Canada. LifeAnnuities.com has different financial products and has been a recognized authority since 1972.