Actuarial studies
We perform routine studies of past, present, and future trends of demographics and economics. This allows us to forecast the long-term financial status of public pension plans and social programs. These studies can also help policymakers develop and analyze options to reform their plans. To get copies of studies that aren’t available online, please contact information@osfi-bsif.gc.ca.
Analysis of Climate Change Impact on the Office of the Chief Actuary’s Assumption-Setting Process: Actuarial Study No. 24
Published date
This is the first Analysis of Climate Change Impact Assumption-Setting Process published by the Office of the Chief Actuary (OCA).
Pension Plan for the Public Service of Canada: Population and Mortality Study - Actuarial Study No. 25
Published date
This study examines population characteristics, trends in mortality rates, longevity improvement factors and period life expectancy of various populations in the Pension Plan for the Public Service (PSPP).
Old Age Security Program Mortality Experience: Actuarial Study No. 23
Published date
This is the fourth Old Age Security (OAS) program mortality experience study published by the Office of the Chief Actuary (OCA).
Mortality Projections for Social Security Programs in Canada: Actuarial Study No. 22
Published date
Based on an analysis of past experience and drivers of mortality, future longevity gains are expected to continue but at a slower pace than in the past. However, there is a lot of uncertainty related to projecting mortality, and unexpected shocks such as the current pandemic highlight this. A preliminary analysis of the pandemic in Canada, points to an impact on the 2020 period life expectancy of 0.5 years at birth and 0.4 years at age 65.
Assessing the Financial Sustainability of the Base Canada Pension Plan through Actuarial Balance Sheets: Actuarial Study No. 21
Published date
The base CPP is financially sustainable over the long term, as indicated by its legislative measures as well as its open group actuarial balance sheet. All these measures fully account for both future contributions and invested assets of the base CPP as the means of financing all its future expenditures.