2022 Economic assumptions in accounting for pension and other post retirement benefits

TELUS Health is pleased to provide a survey of the assumptions used by 83 Canadian public companies to account for the costs of their defined benefit plans. Information is collected from audited financial statements as at December 31, 2021. This is the twenty-second year the survey has been conducted.

The survey is intended to provide information regarding the assumptions disclosed by a wide range of companies based on economic conditions as at December 31, 2021. Consideration should be given to the rise of bond yields since the end of 2021. Hence, readers should exercise caution with the interpretation and use of these results. As budget discussions go on for 2023, your TELUS Health consultants would welcome the opportunity to discuss how the market changes since the end of 2021 may impact your employee benefit plans.