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Notice of Intent to Revise the Practice-Specific Standards for Public Personal Injury Compensation Plans (Part 5000)

The terms of reference of the Actuarial Standards Board (ASB) require that each part of the standards be reviewed at least once every five years. The current review of part 5000 is being conducted as part of the ASB’s periodic review process.

The ASB’s primary goals for the review are to

  • Provide additional clarity;  
  • Broaden the scope to provide more complete and appropriate information to the stakeholders to enable more informed decision-making; and
  • Address potential inconsistencies with other standards.

This notice of intent (NOI) outlines proposed revisions arising from this review and seeks feedback on changes to consider.

Comments on the proposed changes are invited by October 31, 2017. Please send them to Mark Simpson with a copy to Chris Fievoli.

Link(s)
Council/Committee
Actuarial Standards Board/Designated Group
Contact with Questions Mark Simpson, Chair, designated group at msimpson@morneaushepell.com
Announcement Number
2017-08(03868)
August 30, 2017