Methodology improvements are pushing the life expectancy of Canadian retirees and surviving spouses by roughly one year to age 65 as of Jan. 1, 2024, according to new report from the Canadian Institute of Actuaries.

It noted this increase in life expectancy means there will be an approximate increase of two per cent to three per cent in liabilities and current service costs for Canadian pension plans.

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The report includes 20 new mortality tables for Canadian........

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