This report summarizes the assumptions used by companies in the calculation of plan accounting costs for defined benefit pension and other postretirement benefits (primarily retiree health and life insurance benefits). This study also analyzes funding on an accounting basis for both pensions and other postretirement benefits.

For this analysis, a list of 92 Canadian companies with fiscal-year-end dates ending after October 1st, 2014 with disclosed defined benefit (DB) pension liabilities, was selected as a proxy for the biggest Canadian publicly traded companies by revenues.