Pension Information for Notes to Financial Statements
Circular No. 08:05
ARCS File#: 195-20
February 8, 2008
To: All Municipal and Regional District Financial Administrators; Auditors
Re: Pension Information for Notes to Financial Statements
Attached is an update of the recommended pension note to the
financial statements of local governments in British Columbia for December 31, 2007.
An actuarial valuation was performed as at December 31, 2006. The findings of this valuation
indicate a considerable change from 2003, necessitating significant changes to the suggested note.
Further information and the actuarial report itself can be found at
If you have any questions with respect to this note, please contact the financial analyst
assigned to your area.
Original signed by:
Talitha Soldera, CGA
Local Government Infrastructure and Finance