actuarial valuation – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Newfoundland and Labrador granting MEPPs permanent solvency funding exemption https://uat-cumulus.benefitscanada.com/pensions/governance-law/newfoundland-and-labrador-granting-mepps-permanent-solvency-funding-exemption/ Thu, 12 Aug 2021 13:00:13 +0000 https://www.benefitscanada.com/?p=105572 The government of Newfoundland and Labrador is amending funding rules for the province’s multi-employer pension plans. The amendments include a permanent exemption from solvency funding requirements for MEPPs, retroactive to Dec. 31, 2020, when the previous temporary exemption ended. In addition, going-concern unfunded liabilities must now be funded over 10 years instead of the previous […]

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]]> CIA updating guidance for pension windup, solvency valuations https://uat-cumulus.benefitscanada.com/pensions/governance-law/cia-updating-guidance-for-pension-windup-solvency-valuations/ Thu, 05 Aug 2021 13:00:41 +0000 https://www.benefitscanada.com/?p=105091 The Canadian Institute of Actuaries is updating its process for releasing guidance regarding assumptions for hypothetical pension windup and solvency valuations. For quarterly guidance relating to periods from March 31 to Dec. 30, June 30 to Dec. 30 and Sept. 30 to Dec. 30, an explanatory report providing supporting material will be issued after the […]

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]]> Are pension funds considering filing early valuations to lock in pre-coronavirus funded ratios? https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/should-pension-funds-consider-filing-early-valuations-to-lock-in-pre-corona-funded-ratios/ Mon, 13 Apr 2020 08:39:00 +0000 https://cumulus.benefitscanada.com/uncategorized/should-pension-funds-consider-filing-early-valuations-to-lock-in-pre-corona-funded-ratios/ With coronavirus causing market volatility and an increase in the size of solvency liabilities, pension plans are feeling the impact. One potential way for plan sponsors to ease the pain is by performing an early actuarial valuation to capture year-end 2019 numbers. Most Canadian jurisdictions require plans to file valuations every three years, however a […]

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