PART I INTERPRETATION
 13. (1) Within 90 days after the date of establishment of a plan, the administrator shall submit a report on the basis of a going concern valuation that sets out, (a)  the normal cost, in the first year during which the plan is registered and the rule for computing the normal cost in subsequent years up to the date of the next report; (b)  an estimate of the normal cost, in the subsequent years up to the date of the next report; (b.1)  for a pension plan that has a provision for adverse deviations that is greater than zero, (i)  the provision for adverse deviations for the plan, calculated in accordance with section 11.2, and (ii)  the estimated contributions required to pay the amount equal to the provision for adverse deviations in respect of the normal cost for each year up to the date of the next report; (c)  where applicable, the estimated aggregate employee contributions to the pension plan during each year up to the date of the succeeding report; (d)  the past service unfunded actuarial liability, if any, under the pension plan as at the date on which the plan qualified for registration; (e)  the special payments required to liquidate the past service unfunded actuarial liability in accordance with section 5; (f)  any other going concern unfunded liability; (g)  the special payments required to liquidate any going concern unfunded liability referred to in clause (f); (h), (i) Revoked:  O. Reg. 712/92, s. 9 (3). (j)  where the plan provides for an escalated adjustment, (i)  the liability for the future costs of the adjustment included in the determination of the plan’s going concern liabilities, (ii)  the future costs for the adjustment included in the normal cost, (iii)  whether and to what extent liabilities for the future costs of the adjustment are taken into account when determining the provision for adverse deviations in respect of the going concern liabilities, and (iv)  whether and to what extent future costs of the adjustment are taken into account when determining the provision for adverse deviations in respect of the normal cost. R.R.O. 1990, Reg. 909, s. 13 (1); O. Reg. 712/92, s. 9 (1-3); O. Reg. 386/04, s. 3; O. Reg. 250/18, s. 26 (1, 2). (1.0.1) Revoked: O. Reg. 287/20, s. 3 (2). (1.1) The report shall also set out, on the basis of a solvency valuation, (a)  whether there is a solvency deficiency; (a.1)  whether there is a reduced solvency deficiency; (b)  if there is a solvency deficiency, the amount of the solvency deficiency; (b.1)  if there is a reduced solvency deficiency, the amount of the reduced solvency deficiency and the special payments required to liquidate it in accordance with section 5; (c)  whether the transfer ratio is less than one; and (d)  if the transfer ratio is less than one, the transfer ratio.  O. Reg. 712/92, s. 9 (4); O. Reg. 144/00, s. 8 (1); O. Reg. 250/18, s. 26 (4, 5). (1.1.1) The report shall also set out any available actuarial surplus for each year up to the date of the next report. O. Reg. 250/18, s. 26 (6). (1.2) The report for a designated plan shall also contain a maximum funding valuation.  O. Reg. 73/95, s. 3. (2) The report referred to in subsection (1) shall be certified by a person authorized by section 15.  R.R.O. 1990, Reg. 909, s. 13 (2). (2.1) A report prepared under subsection (1) in which a benefit allocation method was not used to set contribution rates must, (a)  set out the contribution rate or rates that are required under the pension plan; (b)  identify the normal cost or the equivalent of normal cost determined using the actuarial cost method adopted by the pension plan; and (c)  include the information required under subsection (1) determined using a benefit allocation method and the information required under subsection (1.1).  O. Reg. 116/06, s. 12. (3) A report referred to in subsection (1) may certify the adequacy of the premiums necessary to provide for the payment of all benefits under an insured pension plan that is funded by level premiums extending not beyond the retirement age for each individual member, in lieu of the matters required to be certified under that subsection.  R.R.O. 1990, Reg. 909, s. 13 (3). (4) This section does not apply with respect to a pension plan where all the pension benefits provided under the plan are defined contribution benefits.  O. Reg. 144/00, s. 8 (2).