Publication archives
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: 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: 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 […]
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.
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.
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.
Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective December 31, 2022, and Applicable to Valuations with Effective Dates on or after December 31, 2022, and no later than December 30, 2023
The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at December 31, 2022 and recommended to the AGC assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after December 31, 2022 […]
Advice statement to the Department of Finance Canada on the Canada Real Return Bond Program
The CIA submits comments on the recent decision to terminate the issuance of Government of Canada real return bonds.