Office of the Chief Actuary

The Office of the Chief Actuary (OCA) is an independent unit within OSFI that provides a range of actuarial valuation and advisory services to the Government of Canada. The OCA provides appropriate checks and balances on the future costs of the different pension plans and social programs that fall under its responsibility, including the Canada Pension Plan (CPP), the Old Age Security Program and the Canada Student Financial Assistance Program.

The Chief Actuary reports to the Superintendent, but is solely responsible for the content and actuarial opinions in reports prepared by the OCA, and for actuarial advice provided to relevant government departments, as well as to provincial and territorial governments, which are co-stewards of the CPP.

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