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This Solicitation opportunity from Government of Canada was posted on December 14, 2023. The submission period has ended. Browse the details below for market research, or find similar active opportunities.

Actuarial Services for Workers’ Compensation Benefits

Closed
24062-24-026International

Contract Overview

Solicitation details, issuing organization, response deadlines, documents, and interested companies for this government contract opportunity.

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AI Contract Overview

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The Treasury Board of Canada Secretariat, specifically the Government Accounting Policy and Reporting division, is seeking a qualified actuary to provide professional advice and technical services. The primary objective is to develop methodologies and assumptions for measuring the Government of Canada's self-insured workers' compensation benefits. These deliverables must strictly adhere to the Public Sector Accounting Standards established by the Chartered Professional Accountants of Canada, specifically focusing on sections related to retirement benefits, post-employment benefits, compensated absences, and termination benefits. In addition to methodology development, the selected actuary will be responsible for producing an annual actuarial report. This report is essential for the preparation of the Government of Canada's consolidated financial statements. The services will be performed within Ottawa and the National Capital Region under solicitation number 24062-24-026.

General Info

Actuary to develop methodologies and annual reports for Canada's self-insured workers compensation benefits.

Place of Performance

*Ottawa *National Capital Region (NCR), CAN

Set-Aside

NONE

Documents

0

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Timeline

PhaseClosed
Posted

Solicitation

Response Deadline

Deadline has passed

Submission Closed

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Organization & Contact Information

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AgencyGovernment of Canada → Treasury Board of Canada Secretariat
Contacts1 person available
OfficeN/A
Office AddressN/A
Contacts
Dawn DormerPoint of Contact

Full Description

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The Government Accounting Policy and Reporting (GAPR) division of the Treasury Board of Canada Secretariat (TBS) requires an “actuary” to provide advice in the development of methodologies and assumptions for the measurement of the Government of Canada’s self-insured workers’ compensation benefits. The methodologies and assumptions developed to measure the accrued workers’ compensation obligation and expense must be in accordance with the requirements of the Chartered Professional Accountants of Canada (CPA Canada)’s Public Sector Accounting Standards (PSAS), Sections 3250 Retirement Benefits and 3255 Post-Employment Benefits, Compensated Absences and Termination Benefits. Additionally, GAPR requires an annual actuarial report on the Government of Canada’s self-insured workers’ compensation benefits for the purpose of preparing the Government of Canada’s consolidated financial statements.

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