History

April 1986 The creation of certification system of actuaries was proposed by the study group on actuarial matters of corporate pension plans organized by the Pension Fund Association.
July 1987 It was proposed by the study group on corporate pensions organized by the Ministry of Health and Welfare that active consideration on creation of certification for pension actuaries should move forward.
August 1987 It was proposed by the forum on pension-related actuarial matters organized by Pension Fund Association that it was necessary to establish the codes of ethics and practical guidance on pension actuarial matters for those who provide pension services.
May 1988 The Certified Pension Actuary System was introduced through an amendment of the Employees’ Pension Insurance Act, which ruled to apply the appropriate pension actuarial principles and obtain the verification by certified pension actuaries to documents in relation to actuarial matters.
September 1988 The Certified Pension Actuary System came into effect, and 102 pension actuaries were registered as Certified Pension Actuaries. In addition, with the setup of an organizing group of Certified Pension Actuaries (chairman: Masaya Yamamoto), preparations for the establishment of the Japanese Society of Certified Pension Actuaries began.
April 1989 The Japanese Society of Certified Pension Actuaries (JSCPA) was established as unincorporated organization.
June 1994 The JSCPA held a special speech to commemorate its 5th anniversary “Vision for welfare and the direction of the Ministry of health and welfare in the 21st century.”
October 1994 The JSCPA held its 5th anniversary commemorative symposium entitled “Corporate pension system and Certified Pension Actuaries in the 21st century.”
August 1995 The JSCPA established “Actuarial Standards of Practice in relation to funding of Employees’ Pension Fund”, as its first actuarial standard of practice.
March 1996 The JSCPA was admitted to join the International Actuarial Association (IAA) as an Associate Member.
October 1996 Discussion about the incorporation of the JSCPA was started by setting up a committee on incorporation.
April 1997 The Appointed Certified Pension Actuary system became effective.
April 1998 The General Meeting for incorporation of the JSCPA was held.
May 1998 The establishment of the JSCPA was permitted as an incorporated association.
July 1998 The JSCPA published internally the first volume of the bulletin “Certified Pension Actuaries”.
September 1999 The JSCPA was admitted as a Full Member of the IAA.
September 1999 The JSCPA established “Actuarial Standards of Practice in relation to post-employment benefit accounting.”
April 2002 The JSCPA started supporting universities with pension actuarial courses.
August 2002 “Actuarial Standards of Practice in relation to funding of Defined Benefit Corporate Pension Plan” was established
March 2003 The JSCPA started knowledge and skill examinations.
August 2005 The JSCPA started the Award on corporate pension research (2005-2007).
October 2009 The JSCPA hosted 20th Anniversary events: Commemorative Ceremony, PBSS Colloquium in Tokyo, and Convention on Pensions.
May 2011 The JSCPA published internally the first volume of JSCPA Research Report (May 2011-February 2018).
April 2012 The JSCPA launched an e-learning system for members.
December 2012 The JSCPA renewed entirely “Actuarial Standard of Practice in relation to post-employment benefits accounting” and “Actuarial Guidance in relation to post-employment benefits accounting”.
April 2013 The JSCPA was reorganized as a public interest incorporated association.
April 2014 The JSCPA started a practical test of the Continuing Professional Development (CPD) program.
March 2016 The JSCPA established “Actuarial Standard of Practice in relation to IAS 19 Employee Benefits”.
April 2016 The JSCPA introduced the CPD program.
December 2017 The JSCPA renewed entirely “Actuarial Standard of Practice in relation to funding of Employees’ Pension Fund” and “Actuarial Guidance in relation to funding of Employees’ Pension Fund”.
May 2019 The JSCPA hosted 30th Anniversary events: Commemorative Ceremony, Special Lecture and Symposium on Pensions.

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  • Message from the Chairman
  • Purpose and Business
  • Outline
    • History of Incorporation
    • Statement of Incorporation
    • History
    • Organization Chart
  • Statutes
  • Committees and Task Forces, and their Roles
  • Code of Professional Conduct and Disciplinary Regulations
  • Due Process for Actuarial Standards of Practice and Actuarial Guidance
  • Continuing Professional Development Program