• Production Bonus Schedule for 2010

Applications dated through January 10 and postmarked on or before January 11 will be backdated to keep our current rates. If the application is being submitted via facsimile or e-mail, the application must be received in the Home Office on or before January 11, 2010

Any applications both dated and received after January 11 will receive the rates that become effective January 11, 2010

Applications for existing Gleaner certificates that reach their anniversary that puts them out of surrender charges on or before January 31, 2010 will be allowed to exchange provided the application is dated through January 10 and postmarked no later than January 11, 2010. However, the issue date will be based on the date the application is received but the funds will not be applied to the new certificate until the actual maturity date of the existing certificate. The time in between the two dates will be counted towards their 12 months of the 1st year rate.

Applications received on or before January 11 for 1035 exchanges and external transfers, the agent can choose between the following two options:

• We can issue the certificate as of the date we receive the application and lock in the effective rate at that time.  However, we will apply the money as of the date we receive it. The time in between the issue date and the date we receive money will be time counted towards their 12 months of the 1st year rate.

• We can issue the certificate with an issue date that matches the date we receive the external funds and the member will earn the accumulation rate that is effective at that time.  The certificate will earn the 1st year rate for a full 12 months.