Publication archives

Margins for adverse deviations in pension funding valuations

This is a reminder to actuaries when performing pension funding valuation work.

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2025, and Applicable to Valuations With Effective Dates on or After September 30, 2025, and No Later Than June 29, 2026 – Explanatory Report

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 October 30, 2025, issued as […]

Rounding of Monthly Fixed Income Yield Information Published for Use in Determining Pension Commuted Values

The PPFRC is issuing this explanatory report to provide members with additional information regarding a situation that occurred in August 2024, which arose from the publication of different monthly fixed income yields used in determining pension commuted values.

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective September 30, 2025, and Applicable to Valuations with Effective Dates on or after September 30, 2025, and no later than June 29, 2026 – Educational Note Supplement

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at September 30, 2025, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations with effective dates on or after September 30, […]

Final Standards: Changes to the Standards of Practice with Respect to Commuted Values Under Target Pension Arrangements in the Case of a Full or Partial Wind-up (Part 3000) – Memorandum

The final revisions to subsections 3260, 3330, 3510, 3530, 3540, 3570, and the addition of subsection 3580, of the Standards of Practice (SOP), which pertain to Part 3000 of the SOP, were approved by the Actuarial Standards Board (ASB) on […]

Standards of Practice – Pensions (Effective February 1, 2026) (redlined version)

These changes to the SOP are effective February 1, 2026. Early implementation is permitted.

Standards of Practice – Pensions (Effective February 1, 2026)

These changes to the SOP are effective February 1, 2026. Early implementation is permitted.

Exam FCIA-2: Retirement benefits – December 2024 – Excel files

These Excel files which include calculation sheets were used for Exam FCIA-2: Retirement benefits – December 2024. They are available for use as practice.

Assumptions for Hypothetical Wind-Up and Solvency Valuations with Effective Dates on or After June 30, 2025, and No Later Than June 29, 2026

This educational note provides guidance on assumptions to be used for hypothetical wind-up and solvency valuations for the second half of 2025 and the first half of 2026.

Standards of Practice – Pensions (Effective October 1, 2025)

Effective October 1, 2025. Early adoption is encouraged.