Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective March 31, 2023, and Applicable to Valuations with Effective Dates on or after March 31, 2023, and no later than June 29, 2024

Publication date: 01-05-2023

Version: Current

Language available: Bilingual

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The most recent guidance from the Committee on Pension Plan Financial Reporting (PPFRC) regarding assumptions for hypothetical wind-up and solvency valuations was provided in the educational note dated March 23, 2023. This guidance applied for valuations with effective dates on and after December 31, 2022 (but not later than June 29, 2024).

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as of March 31, 2023 and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after March 31, 2023 (but no later than June 29, 2024).

Categories: Practice

Types: Educational note supplements

Topics: Pensions

Pages: 3

Format: PDF

Accession no.: 223079