AC Salary 2026: $87,938–$199,274 — Actuarial Science (Government of Canada)
Effective Date: 2025-10-01 · Verified 2026-04-26
AC rates of pay for all AC (Actuarial Science) levels in the Canadian federal public service, 2026. Salaries range from $87,938 to $199,274 across 3 levels. Category: Financial. Source: Treasury Board collective agreements.
| Level | Step 1 | Step 2 | Step 3 | Step 4 | Step 5 | Step 6 | Step 7 | Step 8 | Step 9 | Step 10 | Step 11 | Step 12 | Step 13 | Step 14 | Step 15 | Step 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| AC-01 | $87,938 ~$61K net | $91,492 ~$63K net | $95,040 ~$65K net | $98,587 ~$68K net | $102,823 ~$70K net | $107,039 ~$73K net | $111,024 ~$75K net | $114,841 ~$78K net | $118,675 ~$80K net | $123,125 ~$83K net | $127,746 ~$85K net | $132,363 ~$88K net | $137,751 ~$91K net | $143,041 ~$93K net | $148,533 ~$96K net | $154,237 ~$99K net |
| AC-02 | $133,204 ~$88K net | $137,401 ~$90K net | $141,606 ~$92K net | $146,719 ~$95K net | $152,018 ~$98K net | $157,315 ~$100K net | $162,605 ~$103K net | $168,068 ~$106K net | $173,716 ~$109K net | $179,553 ~$111K net | — | — | — | — | — | — |
| AC-03 | $148,827 ~$96K net | $153,231 ~$98K net | $158,251 ~$101K net | $163,682 ~$104K net | $169,311 ~$106K net | $175,124 ~$109K net | $180,938 ~$112K net | $186,855 ~$115K net | $192,965 ~$118K net | $199,274 ~$121K net | — | — | — | — | — | — |
Net estimates assume Ontario, no dependents, PSPP Group 2 (post-2013 hire). Use the calculator for your full situation including province, marital status, RRSP, union dues, and pension group.
Select a level for full step breakdown
AC-01
$87,938 – $154,237
$3,382 – $5,932 biweekly (before deductions)
Rates effective from 2025-10-01 · Last verified 2026-04-26 · methodology
AC-01 pay raise history (rates from previous collective agreements)
| Effective Date | Step 1 | Step 2 | Step 3 | Step 4 | Step 5 | Step 6 | Step 7 | Step 8 | Step 9 | Step 10 | Step 11 | Step 12 | Step 13 | Step 14 | Step 15 | Step 16 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-10-01 | $87,938 | $91,492 | $95,040 | $98,587 | $102,823 | $107,039 | $111,024 | $114,841 | $118,675 | $123,125 | $127,746 | $132,363 | $137,751 | $143,041 | $148,533 | $154,237 |
| 2024-10-01 | $86,214 | $89,698 | $93,176 | $96,654 | $100,807 | $104,940 | $108,847 | $112,589 | $116,348 | $120,711 | $125,241 | $129,768 | $135,050 | $140,236 | $145,621 | $151,213 |
| 2023-10-01 | $80,910 | $84,313 | $87,720 | $91,122 | $94,523 | $98,584 | $102,625 | $106,447 | $110,106 | $113,782 | $118,049 | $122,479 | $126,906 | $132,072 | — | — |
| 2022-10-01 | $78,162 | $81,450 | $84,742 | $88,028 | $91,314 | $95,237 | $99,140 | $102,832 | $106,367 | $109,918 | $114,041 | $118,320 | $122,597 | $127,587 | — | — |
| 2021-10-01 | $74,586 | $77,724 | $80,866 | $84,001 | $87,137 | $90,880 | $94,605 | $98,128 | $101,501 | $104,890 | $108,824 | $112,907 | $116,988 | $121,751 | — | — |
AC – Actuarial Science
$87,938 – $199,274
$3,382 – $7,664 biweekly (before deductions)
3 levels · Salary data from Treasury Board collective agreements
Rates effective from 2025-10-01 · Last verified 2026-04-26 · methodology
About the AC Classification
The AC (Actuarial Science) group covers actuaries employed by the federal government, primarily at the Office of the Superintendent of Financial Institutions (OSFI) and the Office of the Chief Actuary within OSFI. AC employees perform actuarial valuations of the Canada Pension Plan, Old Age Security, federal public service pension plans, and other government-sponsored insurance and benefit programs. This is one of the smallest and most specialized classification groups in the public service.
AC positions require Fellow of the Canadian Institute of Actuaries (FCIA) or Fellow of the Society of Actuaries (FSA) designation, or significant progress toward these credentials. The work involves complex financial modelling, demographic projections, and risk assessment that directly informs major government policy decisions — the Chief Actuary's triennial reports on CPP sustainability are among the most consequential actuarial documents produced in Canada.
AC salaries are competitive within the federal context but sit well below private-sector actuarial compensation at insurance companies and consulting firms. The trade-off is meaningful public-interest work: federal actuaries assess the long-term financial health of programs that affect every Canadian. The small size of the group means advancement opportunities are limited, and most AC employees spend their entire federal careers within OSFI or closely related organizations.
AC Tools and Related Resources
AC net pay after federal + provincial tax, CPP, EI, PSPP
Compare with other classificationsSide-by-side AC vs AS, EC, IT, FI, PM
AC raise history vs CPICumulative raise vs Statistics Canada inflation
Other Financial classifications
AC salary — frequently asked questions
What is the AC salary range?
The AC (Actuarial Science) salary range is $87,938 to $199,274 per year as of 2025-10-01, across 3 levels (AC-01, AC-02, AC-03). Rates are sourced from publicly published collective agreements.
What does AC stand for in the Government of Canada?
AC is the Treasury Board classification code for Actuarial Science positions in the Government of Canada. It covers 3 levels (AC-01, AC-02, AC-03) reflecting different levels of responsibility and seniority.
How much does a AC-01 make?
A AC-01 earns $87,938 (Step 1) to $154,237 (Step 16) per year as of 2025-10-01.
How much does a AC-02 make?
A AC-02 earns $133,204 (Step 1) to $179,553 (Step 10) per year as of 2025-10-01.
How much does a AC-03 make?
A AC-03 earns $148,827 (Step 1) to $199,274 (Step 10) per year as of 2025-10-01. AC-03 is the senior-most level in the AC group.
When was the AC pay scale last updated?
The current AC pay scale on FedPay.ca is effective 2025-10-01, with a total of 36 pay steps across 3 levels. Data is verified against Treasury Board collective agreements regularly.
What is the AC take-home pay after taxes?
AC take-home pay depends on your level, step, province, and pension group. Use the FedPay.ca take-home pay calculator at fedpay.ca/take-home to see your net pay after federal tax, provincial tax, CPP, EI, and Public Service Pension Plan contributions for any AC level and step.