16. Element “dM” of section 15 is determined by the actuary responsible for the actuarial valuation using the durations calculated by the person who invests any part of the plan’s assets. Derivatives may be taken into consideration for the purpose of establishing the duration of the assets.
For the purposes of a partial actuarial valuation, the actuary may estimate “R” and “S” of section 14 and “dR” of section 15.
46-2024O.C. 46-2024, s. 16.