Publication archives

New research examines risks and rewards of lifetime pension pool design elements

This media release announces the publication of a comprehensive report that examines the intricacies of lifetime pension pools, also known as variable payment life annuities or VPLAs in Canada, and shares optimal design elements.

Exploration of Lifetime Pension Pool Design Elements

Providing valuable insights on lifetime pension pools – also known as variable payment life annuities or VPLAs – this joint research report by the CIA and the Society of Actuaries examines modern retirement arrangements that enable retirees to convert a […]

Examen des éléments de conception d’un régime commun de rentes viagères à paiements variables

Fournissant un éclairage essentiel sur les pensions viagères – également connues sous le nom de rentes viagères à paiements variables ou RVPV, ce rapport de recherche publié conjointement par l’ICA et la Society of Actuaries examine les régimes de retraite […]

Advice statement to the Canadian Association of Pension Supervisory Authorities

The CIA submits comments to CAPSA on its Guideline for Risk Management for Plan Administrators.

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2023, and Applicable to Valuations with Effective Dates on or after September 30, 2023, and no later than June 29, 2024

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at September 30, 2023, and recommended to the AGC assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after September 30, 2023 […]

Notice of Intent: Reliance on Third-Party Data Providers

On May 10, 2021, the Bank of Canada (BOC) revised the CANSIM series for the daily (V39057), weekly (V80691347) and monthly (V122553) rates for real return bond data from June 1, 2020, onward (i.e., both retroactive and prospective applications), to capture the […]

Memorandum: Minor Revision – Part 3000 Pension Plans

Explanatory Report: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2023, and Applicable to Valuations with Effective Dates on or after June 30, 2023, and no later than June 29, 2024

The Committee on Pension Plan Financial Reporting (PPFRC) is issuing this explanatory report to provide members with additional information and details on the analysis done for the guidance outlined in the educational note supplement dated July 24, 2023, (Guidance for […]

Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2023, and Applicable to Valuations with Effective Dates on or after June 30, 2023, and no later than June 29, 2024

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at June 30, 2023, and recommended to the AGC assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after June 30, 2023 […]

Advice statement to the Ontario Ministry of Finance

The CIA submits comments to the Pension Policy Branch of Ontario’s Ministry of Finance regarding its consultation on the proposed funding framework for target benefit plans.