Office of the Superintendent of Financial Institutions
Presentation on the topic of “Pension reform in Canada”, 27 September 2011, Edinburgh, U.K.
“According to international organizations, the Canadian retirement income system based on a mix of public and private pensions is an effective way to provide for retirement income needs.”
Presentation at the Pension, Benefits and Social Security Colloquium, on the topic of “Getting the balance of state and private provisions right”, 26 September 2011, Edinburgh, U.K.
“No matter if it is a fully funded or a PayGo plan, no matter if it is a DB or a DC solution, no matter if it is a national public scheme or a private pension plan, the fact is that increased longevity will continue to put pressure on the financing of pension plans.”
Presentation at the Pension, Benefits and Social Security Colloquium, on the topic of “Guidelines for social security actuaries”, 26 September 2011, Edinburgh, U.K.
“The actuarial guidelines are not only important to standardize the way actuaries do their work, but they are also very important to better serve the public. To make adequate and timely decisions on any social security schemes, political reviews should be aligned with frequent actuarial reporting.”
Presentation at the colloquium on Issues for Public Retirement Systems, on the topic of “Issues and Reforms”, 10 May 2011, Sherbrooke, Canada.
“What is generally agreed upon is that retirement income security is a shared responsibility between the government, society, employers and individuals. What is difficult to determine is what the different levels of responsibility are or should be, how they interact or should interact with each other, and based on that, the optimal means of improving retirement income adequacy.”
Presentation to the Board of Directors of the Canada Pension Plan Investment Board, on the topic of the "25th Actuarial Report on the Canada Pension Plan as at 31 December 2009", 8 February 2011, Toronto, Canada.
"Overall, the results confirm that the current legislated rate of 9.9% is sufficient to sustain the Plan over the long term, with assets projected to accumulate to $275 billion by the year 2020".
Presentation to the Society of Actuaries (SOA)’s Living to 100 International Symposium, on the topic of "Mortality projections for Social Security Programs in Canada and its implications", 7 January 2011, Orlando, United States.”