R-10, r. 7.1 - Regulation respecting the partition and assignment of benefits accrued under the Régime de retraite des employés en fonction au Centre hospitalier Côte des Neiges

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6. In this section, the expression CIA Standards refers to the standards of practice entitled “Practice-Specific Standards for Pension Plans–3500 Pension Commuted Values” of the Canadian Institute of Actuaries.
The actuarial value of the benefits is determined according to the “distribution of benefits” method and corresponds to the sum of 35% of the actuarial value determined for a male and 65% of the actuarial value determined for a female.
The actuarial value of the benefits is also determined according to the following actuarial assumptions:
(1)  the mortality rates:
The mortality rates are those determined according to the CIA Standards.
(2)  the interest rates:
The interest rates are those determined according to the CIA Standards.
The result must be adjusted according to the CIA Standards.
(3)  the indexing rate:
The indexing rate is calculated in the manner provided in the CIA Standards.
(4)  the turnover rate: Nil
(5)  the disability rate: Nil
(6)  the proportion of persons with a spouse at death:
AgeMaleFemale
18-59 years old70%60%
60-64 years old70%55%
65-69 years old70%50%
70-74 years old70%40%
75-79 years old65%25%
80-84 years old60%15%
85-89 years old55%10%
90-109 years old40%5%
110 years old0%0%
(7)  the age difference between spouses at death:
(a)  the male spouse of the beneficiary is assumed to be 1 year older;
(b)  the female spouse of the beneficiary is assumed to be 5 years younger.
T.B. 197248, s. 6; T.B. 210823, s. 1; T.B. 226437, s. 1; I.N. 2024-05-27.
6. In this section, the expression CIA Standards refers to the standards of practice entitled “Practice-Specific Standards for Pension Plans–3500 Pension Commuted Values” of the Canadian Institute of Actuaries.
The actuarial value of the benefits is determined according to the “distribution of benefits” method and corresponds to the sum of 35% of the actuarial value determined for a male and 65% of the actuarial value determined for a female.
The actuarial value of the benefits is also determined according to the following actuarial assumptions:
(1)  the mortality rates:
The mortality rates are those determined according to the CIA Standards.
(2)  the interest rates:
The interest rates are those determined according to the CIA Standards.
The result must be adjusted according to the CIA Standards.
(3)  the indexing rate:
The indexing rate is calculated in the manner provided in the CIA Standards.
(4)  the turnover rate: Nil
(5)  the disability rate: Nil
(6)  the proportion of persons with a spouse at death:
AgeMaleFemale
18-59 years old70%60%
60-64 years old70%55%
65-69 years old70%50%
70-74 years old70%40%
75-79 years old65%25%
80-84 years old60%15%
85-89 years old55%10%
90-109 years old40%5%
110 years old0%0%
(7)  the age difference between spouses at death:
(a)  the male spouse of the beneficiary is assumed to be 1 year older;
(b)  the female spouse of the beneficiary is assumed to be 5 years younger.
T.B. 197248, s. 6; T.B. 210823, s. 1; T.B. 226437, s. 1.
6. In this section, the expression “CIA Standards” refers to the standards of practice entitled “Practice-Specific Standards for Pension Plans–3800 Pension Commuted Values” of the Canadian Institute of Actuaries, effective since 1 February 2005 and periodically revised.
The actuarial value of the benefits is determined according to the “distribution of benefits” method and corresponds to the sum of 35% of the actuarial value determined for a male and 65% of the actuarial value determined for a female.
The actuarial value of the benefits is also determined according to the following actuarial assumptions:
(1)  the mortality rates:
The mortality rates are those determined according to the CIA Standards.
(2)  the interest rates:
The interest rates are those determined according to the CIA Standards.
The result must be adjusted according to the CIA Standards.
(3)  the indexing rate:
The indexing rate is calculated in the manner provided in the CIA Standards.
(4)  the turnover rate: Nil
(5)  the disability rate: Nil
(6)  the proportion of married persons at death:


Age Male Female


18-64 years old 85% 65%


65-79 years old 80% 30%


80-109 years old 60% 10%


110 years old 0% 0%


(7)  the age difference between spouses at death:
(a)  the male spouse of the beneficiary is assumed to be 1 year older;
(b)  the female spouse of the beneficiary is assumed to be 4 years younger.
T.B. 197248, s. 6; T.B. 210823, s. 1.