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Welcome


June 21, 2016
Additional 2015 AV Information

Additional September 1, 2015 Actuarial Valuation Information

The expected lifetime of a participant who is aged 65 is 89.4 for a female and 86.9 for a male.  There will be an update in the mortality assumptions in the next actuarial valuation.

There are 1,101 actives in the plan verses 1,139 in 2014 and 1,331 in 2013.

The number of participants receiving benefits in the plan is 7,174 in 2015 verses 7,306 in 2014.  Their average ages are 75.0 and 74.3 respectively.

The average lifetime annual pension of the above is $22,963 in 2015.

It is assumed that 80% of the actives will take the commuted value when retiring.

We  will be receiving a future actuarial valuation no later than September 1, 2016.

 

Information complémentaire au rapport de la valeur actuarielle du 1er septembre, 2015

L’espérance de vie d’un participant ayant 65 ans est de 89.4 pour une femme et de 86.9 pour un homme. Les valeurs d’espérance de vie seront ajustées dans le prochain rapport actuariel.

Il y a présentement 1,101 participants actifs dans le plan vs 1,139 en 2014 et 1,331en 2013

Le nombre de participants recevant des bénéfices en 2015 est de 7,174 vs 7306 en 2014. Leur âge moyen est de 75.0 et de 74.3 respectivement.

La pension à vie annuelle moyenne était de $22,963 en 2015.

On pense que 80% des futurs retraités prendront le montant la valeur actuarielle lors de leur pension.

Un autre rapport actuariel nous sera soumis au plus tard le 1er Septembre 2016.




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