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

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