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Guaranteed Investment Portfolio – Retirement Income

Current issue in effect until June 30, 2012

Who should get this investment?

The Guaranteed Investment Portfolio – Retirement Income is ideal if you want regular, guaranteed monthly income while getting the benefits of potential higher returns offered by financial markets. To better meet your needs, you can elect to receive regular income of 6%, 8% or 10% of amount invested annually. The investment also offers a minimum annual guaranteed return and is risk-free.

Features

Security	Protected by deposit insurance. Capital 100% guaranteed1.
Income	Annual income of 6%, 8% or 10% of amount invested.
Returns	Guaranteed annual minimum return on capital once withdrawals begin3. Potential higher returns than offered by financial markets3 Enhanced return if you invest $100,000 or more. Protection against exchange rate fluctuations. See returns Example of how the return is calculated (PDF, 26 KB)
Eligible for these plans	Registered plans: RRIF, LIF and RDSP. Non-registered plans.
Income taxation4	Registered plans: Taxes are withheld at source on all withdrawals exceeding the annual minimum amount. Non-registered plans: Annually on the guaranteed minimum return. At maturity on the difference between the minimum return and the maximum return paid.
Payment amount and frequency	Annual income of 6%, 8% or 10% of amount invested. Paid monthly, on the 15th of each month.
Other	Access to international capital markets. Eligible for potential member dividends. Find out more about member dividends.

Options available

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Registered accounts (RRIFs/LIFs)
	At the caisse	Make an appointment with a caisse advisor: online by phone
Non-registered accounts
	By phone (Members)	Montreal area: 514-CAISSES (514-224-7737) Elsewhere in Canada and the U.S.: 1-800-CAISSES (1-800-224-7737)
	At the caisse	Make an appointment with a caisse advisor: online by phone

Deposit insurance

Desjardins caisses in Quebec are registered with the Autorité des marchés financiers, in conformity with the terms of the Deposit Insurance Act. In Ontario, deposits in registered savings plans are insured for their total amount by the Deposit Insurance Corporation of Ontario. Other deposits in Canadian dollars are insured up to $100,000. To find out more, visit the websites of the l'Autorité des marchés financiers and the Deposit Insurance Corporation of Ontario (DICO).

1. A portion of the capital is returned as monthly income. The balance is returned at maturity.
2. Cashable or convertible once a year after year 3, at specific times designated to this end and according to the same terms as other market-linked guaranteed investments.
3. Return based on stock market performance may be nil at maturity. Your capital and the annual minimum return are guaranteed.
4. Income is taxed annually.