Retirement Age Milestone Notes

In this example, the average YMPE as of May 31, 2006 is assumed to be $41,000 and the average YMPE as of Jun. 30, 2006 is assumed to be $41,100

For simplicity, inflation has not been factored into this example, even though HOOPP pensions are partially protected against inflation.

All amounts have been rounded to the nearest dollar.

Please keep in mind this example does not specifically apply to you.