Canadian Pensioners’ Mortality: An Update

The Pension Experience Subcommittee (PES) of the CIA Research Committee thanks all those who participated in the webcast on September 19, and those who have made submissions in response to the draft report on Canadian pensioners’ mortality released on July 31. The PES received questions and submissions from over 30 different respondents. Substantive comments were made in respect of a number of categories, including:
The PES is reviewing these valuable and constructive comments and will assess how they might affect the results and the contents of our final report. Based on the comments received and additional information available, please be aware that the final numbers in the mortality tables and improvement scales will be different from those in our draft, and some differences may be significant. We will make every effort to finalize our report as soon as possible, but it may not be available for release before early 2014.

The PES will keep stakeholders apprised of our progress and will provide an update at the Pension Seminar on November 12.

Canadian Institute of Actuaries/Institut canadien des actuaires