Office of the Superintendent of Financial Institutions
OSFI is issuing proposed revisions to the Instruction Guide for the Preparation of Actuarial Reports for Defined Benefit Pension Plans (the Guide). The Guide, which was last revised in October 2017, sets out the reporting requirements of actuarial reports filed with OSFI for defined benefit pension plans, including those with a defined contribution component.
The revisions to the Guide provide further details regarding OSFI's expectations for actuarial reports. The revisions reflect
The revised Guide is being issued in draft form so that pension plan stakeholders have the opportunity to provide input on these changes.
Questions and comments concerning these changes or any of OSFI's other requirements or expectations set out in the Guide may be sent to Marc Sauvé, Senior Manager, Actuarial in the Private Pension Plans Division, by email at email@example.com. Comments should be provided no later than March 20, 2020.
A non-attributed summary of comments received along with OSFI's responses will be posted on OSFI's website when the final version of the Guide is released.
Private Pension Plans Division