life annuity means “life annuity contract” as defined in Pension Legislation that conforms with the Act and Pension Legislation;
life annuity means an annuity payable under a policy issued to an SRS member for a term ending with, or at a time ascertainable only by reference to, the end of his life;
life annuity means equal monthly installments payable during the
More Definitions of life annuity
life annuity means a non commutable arrangement to provide, on a deferred or immediate basis, a series of periodic payments for the life of the annuity holder or for the lives jointly of the annuity holder and the annuity holder’s pension partner;
life annuity means a non-commutable arrangement to provide, on a deferred or immediate basis, a series of periodic payments for the life of the annuity holder or for the lives jointly of the annuity holder and the annuity holder’s pension partner;
life annuity means an arrangement that is made to purchase, through a person authorized to carry on a life insurance business in Canada, an “immediate life annuity or a “deferred life annuity” (as defined in section 2 of the Regulation) that complies with the relevant provisions of the Tax Act and section 21 of the Regulation, provided that the annuity shall not differentiate on the basis of the sex of the beneficiary unless otherwise permitted under the Regulation;
life annuity means equal monthly installments payable during the member's lifetime after retirement.
life annuity means an immediate or deferred life annuity that meets the requirements of the relevant provisions of the Tax Act and of section 22 of the Regulation, provided that the annuity shall not differentiate on the basis of the sex of the beneficiary unless otherwise permitted under the Regulation;
life annuity means an arrangement that is made to purchase, through a person authorized to carry on a life insurance business in Canada, an “immediate life annuity” or a “deferred life annuity” (as defined in section 2 of the Regulation) that complies with the relevant provisions of the Tax Act and section 21 of the Regulation, provided that the annuity shall not differentiate on the basis of the sex of the beneficiary unless otherwise permitted under the Regulation;
life annuity means for purposes of this Act an annuity payable during the lifetime of an individual or during the joint lifetime of an individual and any dependant nominated by the individual;