Pension Plan for the Public Service of Canada Mortality Study: Actuarial Study No. 14

Pension Plan for the Public Service of Canada Mortality Study: Actuarial Study No. 14

Statutory actuarial reports on the Public Service Pension Plan are prepared at least every three years by the Office of the Chief Actuary pursuant to the Public Pensions Reporting Act.  In doing so, the Office conducts mortality studies to develop mortality assumptions used in these actuarial reports.   Among the study’s finding, it was found that at age 65, federal public servants are expected to live approximately one year longer than the general Canadian population. At the same time, they are expected to live as long as members of Canadian private sector pension plans, and shorter lives than members of other Canadian public sector pension plans.