Advice Statement to OSFI on the Revised Section 2.7.4 of the Instruction Guide for the Preparation of Actuarial Reports for Defined Benefit Pension Plans

The Canadian Institute of Actuaries (CIA) thanks OSFI for the opportunity to comment on the revised Section 2.7.4 of the aforementioned draft. We note that several concerns that were raised in our earlier communications have been addressed. We believe that the revised draft Section 2.7.4 is much more practical than the prior version.