Publication archives
Educational Note: Determination of Best Estimate Discount Rates for Going Concern Funding Valuations
This educational note is intended to assist actuaries in the selection of an appropriate best estimate discount rate for a going concern funding valuation of a pension plan. Educational notes on the same subject were originally issued on December 21, […]
Educational Note: Calculation of Incremental Cost on a Hypothetical Wind-Up or Solvency Basis
The current Standards of Practice require, with limited exceptions, an external user report on the funded status or funding of a pension plan to report the incremental cost on a hypothetical wind-up or solvency basis. This educational note is intended […]
Educational Note: Alternative Settlement Methods for Hypothetical Wind-Up and Solvency Valuations
This educational note provides guidance to actuaries who decide to use alternative settlement methods for hypothetical wind-up and solvency valuations. An educational note on this subject was originally issued on September 18, 2013 and was subsequently updated April 23, 2020. […]
Educational Note: Guidance on Selection and Disclosure of Plausible Adverse Scenarios
This educational note provides guidance on the selection and disclosure of plausible adverse scenarios under Subsection 3260 of the Standards of Practice. An educational note on this subject was originally issued on February 21, 2019, when the requirements with respect […]
Educational Note: Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or after December 31, 2022, and No Later Than June 29, 2024
This educational note provides guidance on assumptions to be used for hypothetical wind-up and solvency valuations for 2023 and the first half of 2024. It confirms the initial guidance for 2023 assumptions that was provided in the educational note supplement […]
A Stochastic Analysis of Policies Related to Funding of Defined Benefit Pension Plans
This research paper focuses on the impact of Canada’s new pension legislation on the funding of defined benefit (DB) pension plans. The paper presents a mathematical model for projecting the assets, liabilities, and funded ratio of a DB plan and […]
Canadian Institute of Actuaries Weighs In on Québec Pension Plan’s Eligibility Age
This release outlines the CIA’s comments to the Government of Québec’s public consultation on changes to the Québec Pension Plan.
Advice statement to the Government of Québec on the Québec Pension Plan
The CIA submits comments on the Government of Québec’s public consultation on proposed changes to the Québec Pension Plan.
Benefit at Risk in Lifetime Pension Pools – Phase 1
This research paper focuses on the concept of lifetime pension pools, a type of retirement arrangement that has gained popularity as the prevalence of guaranteed pensions decreases. The paper assesses the amount of risk members bear in these pools and […]
FCIA Syllabus – Retirement benefits track
This document outlines the retirement benefits (RET)-track exams and modules syllabuses.