Source: https://www.cia-ica.ca/asb/asb-standards-of-practice
Timestamp: 2019-11-16 21:54:23
Document Index: 781238572

Matched Legal Cases: ['art 1000', 'art 6000', 'art 1000', 'art 1000', 'art 1000', 'art 1000', 'art 1000', 'art 1000', 'art 7000', 'art 2000', 'art 4000', 'art 1000', 'art 2000', 'art 2000', 'art 2000', 'art 2000', 'art 3000', 'art 3000', 'art 3000', 'art 4000', 'art 4000', 'art 1000', 'art 4000', 'art 4000', 'art 5000', 'art 5000', 'art 5000', 'art 5000', 'art 6000', 'art 6000', 'art 6000', 'art 1000', 'arts 3000', 'art 4000', 'art 5000', 'art 6000']

ASB Standards of Practice
This page contains links to the Standards of Practice of the Actuarial Standards Board. Click on each blue section title below to view that section of the Standards. Current standards, as well as archived standards, are accessible.
Standards - Complete (Part 1000 to Part 6000)
Standards of Practice (Effective January 1, 2020) 01/01/2020
318 pages. Effective January 1, 2020.
Standards of Practice (Effective December 15, 2019) 12/15/2019
312 pages. Effective December 15, 2019. Early implementation is permitted.
Standards of Practice (Effective July 1, 2019) 07/01/2019
307 pages. For calculation dates on or after July 1, 2019. Early implementation is permitted.
Page 1 of 4, documents 1 to 10 of 39
05/01/2019 sc050119 Standards of Practice (Effective May 1, 2019) Download:
03/20/2019 sc032019 Standards of Practice (Effective March 20, 2019) Download:
03/01/2019 sc030119 Standards of Practice (Effective March 1, 2019) Download:
02/22/2018 sc022218 Standards of Practice (Effective February 22, 2018) Download:
02/01/2018 sc020118 Standards of Practice (Effective February 1, 2018) Download:
01/01/2018 sc010118 Standards of Practice (Effective January 1, 2018) Download:
10/15/2017 sc101517 Standards of Practice (Effective October 15, 2017) Download:
04/15/2017 sc041517 Standards of Practice (February 3, 2017, effective April 15, 2017) Download:
06/29/2015 SC060915 Standards of Practice (June 9, 2015) Download:
03/31/2015 SC033115 Standards of Practice (March 31, 2015) Download:
General Standards (Part 1000)
Standards of Practice – General Standards (Effective January 1, 2020) 01/01/2020
68 pages. Effective January 1, 2020.
Standards of Practice – General Standards (Effective July 1, 2019) 07/01/2019
68 pages. Effective for calculation dates on or after July 1, 2019. Early implementation is permitted.
Page 1 of 3, documents 1 to 10 of 22
05/01/2019 sg050119 Standards of Practice – General Standards (Effective May 1, 2019) Download:
03/20/2019 sg032019 Standards of Practice – General Standards (Effective March 20, 2019) Download:
02/01/2018 sg020118 Standards of Practice – General Standards (Effective February 2018) Download:
01/01/2018 sg010118 Standards of Practice – General Standards (January 2017, effective January 2018) Download:
01/01/2018 sg012417 Standards of Practice – General Standards (January 2017, effective January 2018) Download:
10/15/2017 sg101517 Standards of Practice – General Standards (Effective October 15, 2017) Download:
06/29/2015 SG060915 Standards of Practice – General Standards (June 9, 2015) Download:
03/31/2015 SG033115 Standards of Practice – General Standards (March 31, 2015) Download:
10/15/2014 SG101514 Standards of Practice – General Standards (October 15, 2014) Download:
01/01/2014 SG010114 Standards of Practice – General Standards (January 1, 2014) Download:
Most Recent Related Memorandum (Part 1000)
Memo: Final Standards – Revisions within the Practice-Specific Standards for Insurance (Section 2500 and Part 1000) 01/01/2020
Memorandum: Final Standards – Revisions to Sections 1400 and 1500 of General Standards of Practice (Part 1000) 07/01/2019
Page 1 of 2, documents 1 to 10 of 14
05/01/2019 219034 Memorandum: Final Standards – Revisions to Sections 3400 and 6400 of the Standards of Practice for Consistency with ISAP 3 Download:
03/20/2019 219035 Memorandum: Minor Revisions – Part 1000 General Standards Download:
02/01/2018 217126 Memorandum: Final Standard – Revisions to General Standards (Part 1000) Download:
01/01/2018 217006 Memorandum: Final Standards – Revisions to General Standards to Reflect the Use of Models Download:
10/15/2017 217021 Memorandum: Final Standards of Practice – Establishment of Social Security Practice-Specific Standards (Part 7000) Download:
06/29/2015 215051 Memorandum: Minor Revisions to the Standards of Practice to Comply with the Access for Ontarians with Disabilities Act (AODA) Download:
12/09/2014 214128 Memorandum: Final Standards – Revisions to the General and Practice-Specific Standards – Consistency of Reporting and Conformance with International Standard of Actuarial Practice 1 Download:
05/15/2014 214048 Memorandum: Final Standards – Revisions to Economic Reinvestment Assumptions within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Section 2300 and Subsection 1110) Download:
01/09/2014 214007 Memo: Final Standards – Revocation of the Current Standards of Practice Entitled Recommendations – Dividend Determination and Illustration and Explanatory Notes in Amplification of Certain Dividend Recommendations, and Introduction of a New Subsection Relating to Participating Policy Dividend Determination in Part 2000 – Practice-Specific Standards for Insurance Download:
12/31/2013 213051 Memorandum: Final Standards – Part 4000 Practice-Specific Standards for Actuarial Evidence and Relevant Paragraphs of Part 1000 General Standards Download:
Insurance (Part 2000)
Standards of Practice – Insurance (Effective January 1, 2020) 01/01/2020
91 pages. Effective January 1, 2020.
Standards of Practice – Insurance (Effective February 22, 2018) 02/22/2018
90 pages. Effective February 22, 2018. Early implementation is permitted.
Page 1 of 2, documents 1 to 10 of 17
02/01/2018 si020118 Standards of Practice – Insurance (Effective February 1, 2018) Download:
04/15/2017 si020317 Standards of Practice – Insurance (February 3, 2017, effective April 15, 2017) Download:
06/29/2015 SI060915 Standards of Practice – Insurance (June 9, 2015) Download:
10/15/2014 SI101514 Standards of Practice – Insurance (October 15, 2014) Download:
01/01/2014 SI010114 Standards of Practice – Insurance (January 1, 2014) Download:
06/30/2013 SI063013 Standards of Practice – Insurance (June 30, 2013) Download:
03/15/2013 SI031513 Standards of Practice – Insurance (March 2013) Download:
02/07/2013 SI020713 Standards of Practice – Insurance (February 2013) Download:
01/01/2013 SI0113 Standards of Practice – Insurance (January 2013) Download:
01/01/2012 SI0112 Standards of Practice – Insurance (January 2012) Download:
Most Recent Related Memorandum (Part 2000)
Memorandum: Revisions within the Practice-Specific Standards for Insurance (Sections 2400 and 2500) 02/22/2018
Page 1 of 2, documents 1 to 10 of 12
02/03/2017 217015 Memorandum: Revisions to the Practice-Specific Standards for Insurance (Part 2000) Download:
06/30/2013 213046 Memo: Minor Revisions to the Standards: Linkages between General and Practice-Specific Standards Download:
03/15/2013 MRC031513 Memorandum: Most Recent Changes (Includes the memoranda 213009 and 213014) Download:
03/15/2013 213009 Memorandum: Final Standards for Practice-Specific Standards on Insurance Contract Valuation (Section 2300) to Narrow the Range of Practice on Certain Elements Download:
02/07/2013 213005 Memorandum: Final Standards – Introduction of Standards Relating to Appointed Actuary Opinions with Respect to Use of Internal Models to Determine Required Capital for Segregated Fund Guarantees Download:
Current Related Promulgations (Part 2000)
07/30/2017 217079T Final Communication of a Promulgation of Prescribed Mortality Improvement Rates and Associated Margins for Adverse Deviations within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Subsection 2350) and the Accompanying Promulgation – Excel Workbook
07/30/2017 217079 Final Communication of a Promulgation of Prescribed Mortality Improvement Rates and Associated Margins for Adverse Deviations within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Subsection 2350) and the Accompanying Promulgation
07/28/2017 217081 Final Communication of Updated Promulgations of the Ultimate Reinvestment Rates and Calibration Criteria for Stochastic Risk-Free Interest Rates in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2330)
07/28/2017 217080 Final Communication of a Promulgation of Calibration Criteria for Equity Investment Returns Referenced in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2370)
05/11/2017 217052 Initial Communication of Updated Promulgations of the Ultimate Reinvestment Rates and Calibration Criteria for Stochastic Risk-Free Interest Rates in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2330)
05/02/2017 217048 Initial Communication of a Promulgation of Prescribed Mortality Improvement Rates and Associated Margins for Adverse Deviations within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Subsection 2350) and the Accompanying Promulgation
05/02/2017 217048T Initial Communication of a Promulgation of Prescribed Mortality Improvement Rates and Associated Margins for Adverse Deviations within the Practice-Specific Standards on Insurance Contract Valuation: Life and Health (Accident and Sickness) Insurance (Subsection 2350) and the Accompanying Promulgation – Excel Workbook
05/02/2017 217049 Initial Communication of a Promulgation of Calibration Criteria for Equity Investment Returns Referenced in the Standards of Practice for the Valuation of Insurance Contract Liabilities: Life and Health (Accident and Sickness) Insurance (Subsection 2370)
Pension Plans (Part 3000)
Standards of Practice – Pensions (Effective July 1, 2019) 07/01/2019
53 pages. For calculation dates on or after July 1, 2019. Early implementation is permitted.
05/01/2019 sp050119 Standards of Practice – Pensions (Effective May 1, 2019) Download:
03/01/2019 sp030119 Standards of Practice – Pensions (Effective March 1, 2019) Download:
02/01/2018 sp020118 Standards of Practice – Pensions (Effective February 1, 2018) Download:
06/29/2015 SP060915 Standards of Practice – Pensions (June 9, 2015) Download:
03/31/2015 SP033115 Standards of Practice – Pensions (March 31, 2015) Download:
02/01/2014 SP020114 Standards of Practice – Pensions (February 1, 2014) Download:
09/19/2013 SP091813 Standards of Practice – Pension (September 18, 2013) Download:
06/30/2013 SP063013 Standards of Practice – Pension Plans (June 30, 2013) Download:
03/15/2013 SP0313 Standards of Practice – Pension Plans (March 2013) Download:
12/30/2012 SP1212 Standards of Practice – Pension Plans (December 2012) Download:
Most Recent Related Memorandum (Part 3000)
Memorandum: Final Standards: Addition of New Subsection 3270 to the Practice-Specific Standards for Pension Plans – Disclosure for Stochastic Models Used to Comply with Specific Regulatory Pension Plan Funding Requirements 07/01/2019
Page 1 of 2, documents 1 to 10 of 11
03/01/2019 218028 Memorandum: Final Standards – Revisions to Subsection 3260 of the Practice-Specific Standards for Pension Plans – Reporting: External User Report; Advice on the Funded Status or Funding of a Pension Plan Download:
10/23/2013 213089 Memorandum: Final Standards – Revision to the Practice-Specific Standards for Pension Plans – Mortality Assumption for Pension Commuted Values and Promulgation of Mortality Table Download:
09/19/2013 213084 Memorandum: Final Standards: Revisions to the Practice-Specific Standards for Pension Plans – Assumptions for Hypothetical Wind-up and Solvency Valuations Download:
03/15/2013 213014 Memorandum: Correction of Minor Error in the Standards of Practice for Pension Plans and in the Standards of Practices for Insurers – French Version Download:
Current Related Promulgations (Part 3000)
01/17/2019 219007 Initial Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Pension Plans (Subsection 3530)
06/15/2015 215046 Final Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Pension Plans (Subsection 3530)
12/04/2014 214127 Initial Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Pension Plans (Subsection 3530)
10/22/2013 213091 Memorandum: Final Communication – Promulgation of Current Mortality Table for Pension Commuted Values
Actuarial Evidence (Part 4000)
Standards of Practice – Actuarial Evidence (Effective February 1, 2018) 02/01/2018
28 pages. Effective on February 1, 2018. Early implementation is permitted.
06/29/2015 SAE060915 Standards of Practice – Actuarial Evidence (June 9, 2015) Download:
03/31/2015 SAE033115 Standards of Practice – Actuarial Evidence (March 31, 2015) Download:
12/31/2013 SAE123113 Standards of Practice – Actuarial Evidence (December 31, 2013) Download:
01/01/2012 SAE0112 Standards of Practice – Actuarial Evidence (January 2012) Download:
04/01/2009 SAE0709 Standards of Practice – Actuarial Evidence (April 2009) Download:
Most Recent Related Memorandum (Part 4000)
Memorandum: Final Standard – Revisions to General Standards (Part 1000) 02/01/2018
12/31/2013 213068 Memorandum: Correction of Minor Errors in the Final Standards – Part 4000 Actuarial Evidence Download:
01/01/2012 211002r Memorandum: Final Standards of Practice for Capitalized Value of Pension Plan Benefits for a Marriage Breakdown (Section 4300) (Revised) Download:
Current Related Promulgations (Part 4000)
06/15/2015 215047 Final Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Actuarial Evidence (Subsection 4530)
03/19/2015 215015 Initial Communication of a Promulgation of the Mortality Table Referenced in the Standards of Practice for Actuarial Evidence (Subsection 4530)
09/22/2009 209093 Memorandum: Standards of Practice – Practice-Specific Standards for Actuarial Evidence – Paragraph 4330.02 - Mortality Table
Public Personal Injury Compensation Plans (Part 5000)
Standards of Practice – Public Personal Injury Compensation Plans (Effective December 15, 2019) 12/15/2019
28 pages. Effective December 15, 2019. Early implementation is permitted.
Standards of Practice – Public Personal Injury Compensation Plans (Effective February 1, 2018) 02/01/2018
18 pages. Effective on February 1, 2018. Early implementation is permitted.
06/29/2015 SCP060915 Standards of Practice – Public Personal Injury Compensation Plans (June 9, 2015) Download:
03/31/2015 SCP033115 Standards of Practice – Public Personal Injury Compensation Plans (March 31, 2015) Download:
06/30/2013 SCP063013 Standards of Practice - Practice-Specific Standards for Public Personal Injury Compensation Plans (June 30, 2013) Download:
03/15/2011 SCP0311 Standards of Practice - Practice-Specific Standards for Public Personal Injury Compensation Plans (March 2011) Download:
05/01/2009 SCP0709 Standards of Practice - Practice-Specific Standards for Public Personal Injury Compensation Plans (April 2009) Download:
12/01/2002 202027 Consolidated Standards of Practice – Practice-Specific Standards for Public Personal Injury Compensation Plans Download:
Most Recent Related Memorandum (Part 5000)
Memorandum: Final Standards: Revisions to the Practice-Specific Standards for Public Personal Injury Compensation Plans (Part 5000) 12/15/2019
03/15/2011 211012 Memorandum: Final Standards of Practice – Part 5000 Practice-Specific Standards for Public Personal Injury Compensation Plans Download:
Post-employment Benefit Plans (Part 6000)
Standards of Practice – Post-Employment Benefit Plans (Effective May 1, 2019) 05/01/2019
33 pages. Effective for calculation dates on or after May 1, 2019. Early implementation is permitted.
02/01/2018 spb020118 Standards of Practice – Post-Employment Benefit Plans (Effective February 1, 2018) Download:
10/15/2017 spb101517 Standards of Practice – Post-Employment Benefit Plans (October 15, 2017) Download:
06/29/2015 SPB060915 Standards of Practice – Post-Employment Benefit Plans (June 9, 2015) Download:
03/31/2015 SPB033115 Standards of Practice – Post-Employment Benefit Plans (March 31, 2015) Download:
06/30/2013 SPB063013L Standards of Practice - Practice-Specific Standards for Post-Employment Benefit Plans (June 30, 2013 – Linkages) Download:
06/30/2013 SPB063013 Standards of Practice - Practice-Specific Standards for Post-Employment Benefit Plans (June 30, 2013) Download:
05/01/2009 SPB0709 Final Standards – Practice-Specific Standards for Post-Employment Benefit Plans (April 2009) Download:
Most Recent Related Memorandum (Part 6000)
Memorandum: Final Standards – Revisions to Sections 3400 and 6400 of the Standards of Practice for Consistency with ISAP 3 05/01/2019
05/31/2013 213025 Memorandum: Final Standards – Revisions to Part 6000 Practice-Specific Standards for Post-Employment Benefit Plans and Paragraph 1110.25.1 of Part 1000 General Standards Download:
05/01/2009 209027 Memorandum: Technical Amendments – Standards of Practice – Pension Plans, Parts 3000, Actuarial Evidence, Part 4000, Public Personal Injury Compensation Plans, Part 5000, and Post-Employment Benefit Plans, Part 6000 Download:
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