Publication archives

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.

Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective June 30, 2025, and Applicable to Valuations With Effective Dates on or After June 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 June 30, 2025, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations with effective dates on or after June 30, […]

Advice Statement to Retraite Québec: Draft Regulations Concerning Variable Payment Life Pension

The CIA submits comments to Retraite Québec on the draft regulations concerning the Quebec proposals for variable payment life pension (VPLP) funds.

Exam FCIA-1: Retirement benefits – September 2024 – Past Exam for Practice

This open-book exam evaluates participants’ ability to apply actuarial principles to retirement benefit plans. Through real-world pension scenarios, participants demonstrate their understanding of funding, valuation, and regulatory considerations, with a focus on professional judgment and practical application. This exam was […]

Exam FCIA-2: Retirement benefits – December 2024 – Past Exam for Practice

This open-book exam assesses participants’ ability to apply actuarial principles to retirement benefit plans. Through applied scenarios, participants demonstrate their understanding of valuation methods, funding strategies, financial reporting, and regulatory frameworks, with a focus on sound professional judgment and practical […]

Advice Statement to the Pension Commission of Manitoba: Manitoba Pension Benefits Act Review

The CIA submits comments to the Pension Commission of Manitoba on the consultation paper for the Pension Benefits Act review.

Standards of Practice – Pensions (Effective June 16, 2025)

These changes to the SOP are effective June 16, 2025. Given the nature and effective date of the changes to the SOP, early adoption of the changes is not relevant.

Final Standards: Enable Promulgation of Certain Data Currently Provided by Third Parties – Memorandum

The final revisions to paragraphs 3540.05 and 4530.09 of the Standards of Practice (SOP), which pertain to Parts 3000 and 4000 of the SOP, were approved by the Actuarial Standards Board on June 16, 2025.

Balancing Stability and Equity in Target Benefit Plans

This paper builds on the previous foundational analysis by exploring the RM-CDC benefit adjustment mechanism in greater depth, with a focus on the accumulation phase of TBPs. We examine its impact on benefit stability and equity and address its limitations […]