Presentation by Jean-Claude Ménard, Chief Actuary, at the Financial Management Institute

Presentation by Jean-Claude Ménard, Chief Actuary, at the Financial Management Institute on the topic of "Funding Actuarial Valuations of Public Sector Pension Plans"

For the Public Sector Pension Plans, the Office of the Chief Actuary is responsible for setting assumptions for actuarial reports for funding purposes that are tabled before Parliament and determine the current service cost of the plans. By 2017, this cost will be equally shared by the government and contributors for the federal public servants and members of Parliament.