jswizzle3737/ontario_laws_and_regs huggingface dataset:
1. For the purpose of subsection 24 (3) of the Act, payment of instalments shall be made in thirty-five equal monthly instalments, the first payment of which shall be one month after the date of the election by the member and thereafter on the same date in each and every succeeding month, until all the contributions have been fully made. R.R.O. 1990, Reg. 711, s. 1.
2. (1) Table 1 is prescribed for the purposes of subsection 6 (4) and subsection 9 (4) of the Act. (2) Table 2 is prescribed for the purposes of subsection 18 (5) and subsection 19 (4) of the Act. R.R.O. 1990, Reg. 711, s. 2.
3. Annuities shall, for the purposes of clause 16 (2) (b) of the Act, be calculated in accordance with Table 3. R.R.O. 1990, Reg. 711, s. 3. TABLE 1  Age last birthday before former member or minister elects to take an immediate allowance

Reduction factor to be applied to the amount of the allowance determined under subsection 6(4) or 9(4) of the Act


54

93%


53

87


52

81


51

76


50

71


49

67


48

63


47

59


46

55


45

52


44

49


43

46


42

44


41

42


40

40


39

38


38

36


37

34


36

32


35 or younger

30 R.R.O. 1990, Reg. 711, Table 1. TABLE 2  60-Age-Years
of Service

Reduction
Factor


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20 and greater

.94
.89
.84
.79
.74
.70
.66
.62
.58
.55
.51
.48
.45
.42
.40
.37
.35
.33
.31
.30 R.R.O. 1990, Reg. 711, Table 2. TABLE 3 ANNUITY PURCHASE FACTORS FOR ANNUITIES Monthly Income Purchased by $100  Age

Married
Male

Married
Female

Single
Male

Single
Female


55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
and above

.59
.60
.61
.62
.63
.65
.66
.68
.70
.71
.73
.75
.77
.80
.82
.85
.88
.91
.94
.98
1.02

.58
.59
.60
.61
.62
.63
.65
.66
.68
.70
.71
.73
.76
.78
.80
.83
.86
.89
.92
.96
1.00

.66
.68
.69
.71
.73
.75
.77
.79
.82
.84
.87
.90
.93
.97
1.01
1.05
1.09
1.14
1.19
1.24
1.30

.60
.61
.62
.64
.65
.66
.68
.70
.71
.73
.75
.78
.80
.83
.85
.88
.92
.95
.99
1.03
1.07 Above reduction factors in Table 1 to age 55 rate for ages below 55. R.R.O. 1990, Reg. 711, Table 3.