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R-12.1, r. 1 - Regulation under the Act respecting the Pension Plan of Management Personnel
Section 6.6
Disposition versions
6.6. The actuarial value of the benefits referred to in section 117 of the Act is determined using the “benefit allocation” actuarial method and the actuarial assumption of retirement age is the age attained at the date of payment of that actuarial value.
The economic assumptions are established based on the rates and returns of bond indexes, as described in the CIA Standard, applicable to the fourth calendar month preceding the month in which the valuation took place, rather than those applicable to the preceding month.
6.6. The actuarial value of the benefits referred to in section 117 of the Act is determined using the “benefit allocation” actuarial method and the actuarial assumption of retirement age is the age attained at the date of payment of that actuarial value.
The economic assumptions are established based on the rates and returns of bond indexes, as described in the CIA Standard, applicable to the fourth calendar month preceding the month in which the valuation took place, rather than those applicable to the preceding month.
6.6. The actuarial value of the benefits referred to in section 117 of the Act is determined using the “benefit allocation” actuarial method and the actuarial assumption of retirement age is the age attained at the date of payment of that actuarial value.
