The University altered its actuarial equivalency formulas July 1, 2023, meaning that participants who began receiving benefits after that date earned a larger pension.

Applying data from the LifeWorks report to the formula provided by the chief actuary would suggest Alberta’s share would be about $135 billion, Tombe said.

Chief Actuary of Canada Assia Billig (Photo: Office of the Chief Actuary). In other words, the 2023 report by the Lifeworks consulting firm commissioned and heavily promoted by the United Conservative ...

Canada’s chief actuary says Alberta would be entitled to interest from the Canada Pension Plan proportional to the money Albertans invested, should the province withdraw from CPP.

The Alberta government says it has heard back from Canada's chief actuary on its bid to leave the Canada Pension Plan, but there's no estimate on how much the province should get.

Alberta says chief actuary’s Canada Pension Plan plan report offers no estimate of its share By Lisa Johnson The Canadian Press Posted December 19, 2024 5:24 pm Updated December 20, 2024 9:41 am ...

Actuarial valuations are used to assess the funded status of a defined-benefit pension fund. Unlike market values, actuarial values rely on statistical inference and assumptions that are plugged ...

In this paper, we try to give some proofs and generalizations for some formulas in actuarial mathematics. At first, we generalize recursive formulas for reserves at fractional durations for frequently ...