Educational Note Supplement: Guidance for Assumptions for Hypothetical Wind-Up and Solvency Valuations Update – Effective December 31, 2021, and Applicable to Valuations with Effective Dates on or after December 31, 2021, and no later than December 30, 2022

The PPFRC has conducted its quarter-end review of group annuity pricing conditions as at December 31, 2021, and recommended to the Actuarial Guidance Council (AGC) assumptions for hypothetical wind-up and solvency valuations for valuations with effective dates on or after December 31, 2021 (but no later than December 30, 2022).