Canada Pension Plan — C-8 115
e) that affect the second additional contribution rate; (f) specify the rates referred to in subparagraphs (c)(i) and (ii), (d)(i) and (ii) and (e)(i) and (ii) and set out the manner in which those rates were calculated. Adjustment factors (1.11) In the first report prepared after 2015 and in every third report that follows, the Chief Actuary shall specify, in reference to the adjustment factors fixed under subsection 46(7), the factors as calculated according to a methodology that he or she considers appropriate; the Chief Actuary may also, if he or she considers it necessary, specify the factors in any report prepared under subsection (1) after 2015. Relationship between rates (1.2) For the purposes of the calculations referred to in paragraphs (1.1)(c) to (e), (a) the rates for employees and employers for a year must be identical; and (b) the rates for self-employed persons for a year must be equal to the sum of the rates for employees and employers for that year. Application of subsection 114(4) (1.3) Subsection 114(4) applies, with any modifications that the circumstances require, to the making of the regulations prescribing the manner of the calculation referred to in paragraphs (1.1)(c) to (e) and to the making of any regulation changing that manner of calculation. Report when certain Bills introduced (2) In addition to any report required under subsection (1) and in accordance with a request of the Minister of Finance, whenever any Bill is introduced in the House of Commons to amend this Act in a manner that would in the opinion of the Chief Actuary materially affect any of the estimates contained in the most recent report made under that subsection, the Chief Actuary shall prepare a report as set out in subsection (3). Contents of report (3) A report that is prepared under subsection (2) in respect of a Bill shall set out the extent to which the Bill would, if enacted by Parliament, materially affect any of the estimates contained in the most recent report made under subsection (1), using the same actuarial assumptions and basis that were used in that report and using, in addition, other actuarial assumptions and another basis if the Chief Actuary is of the opinion that these other actuarial assumptions and the other basis more accurately reflect a change in demographic or economic circumstances since the most recent report made under subsection (1) was prepared. (4) to (7) [Repealed, 1997, c. 40, s. 96] Report to be laid before House of Commons (8) Forthwith on the completion of any report under this section, the Chief Actuary shall transmit the report to the Minister of Finance, who shall cause the report to be laid before the House of Commons forthwith on its receipt if Parliament is then sitting, or if Parliament is not then sitting, on any of the first five days next thereafter that Parliament is sitting, and if at the time any report under this section is received by the Minister of Finance Parliament is then dissolved, the Minister of Finance shall forthwith cause a copy of the report to be published in the Canada Gazette . R.S., 1985, c. C-8, s. 115; R.S., 1985, c. 13 (2nd Supp.), s. 10, c. 30 (2nd Supp.), s. 58, c. 18 (3rd Supp.), s. 32; 1997, c. 40, s. 96; 2007, c. 11, s. 14; 2009, c. 31, s. 42; 2012, c. 31, s. 203; 2016, c. 14, s. 52