Replicating Portfolio Information Summary – Revised Instruction Guide and Form

OSFI has issued a revised instruction guide to assist administrators of pension plans with defined benefit provisions registered or having filed an application for registration under the Pension Benefits Standards Act, 1985 in completing the Replicating Portfolio Information Summary (RPIS). Only those pension plans that use a replicating portfolio approach as an alternative settlement method for solvency valuation purposes must complete the RPIS. A revised RPIS has also been posted to be consistent with the form accessed through the Regulatory Reporting System, which was updated in November 2019. The revised instruction guide updates the previous one published in February 2018 and reflects recent changes made to the RPIS.