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SOA RET FRC Pass Rates

RET FRC: Funding and Regulation (Canada)

60.0% April/May 2025 raw pass rate +0.7 ptsvs 59.3% in October/November 2024
All-time high
68.8%October/November 2020
All-time low
37.9%April/May 2022
Average
57.9%across 24 sittings
Std. deviation
7.6 ptssitting to sitting
Candidates tracked
8942013 to 2025
Sittings
24all counted
Raw pass rate
30%40%50%60%70%2013201520172019202120232025 April/May 2025 · 60.0%
Raw pass rate = passed / candidates sitting. Effective rate excludes candidates whose papers the society judged too incomplete to be realistic attempts.

Every RET FRC sitting

RET FRC pass rate by sitting: candidates, passed, raw rate, effective rate. Newest first.
Sitting Candidates Passed Raw rate Effective rate
April/May 2025 15 9 60.0% 69.2%
October/November 2024 27 16 59.3% 61.5%
April/May 2024 39 23 59.0% 63.9%
October/November 2023 34 14 41.2% 41.2%
April/May 2023 33 22 66.7% 71.0%
October/November 2022 28 14 50.0% 51.9%
April/May 2022 29 11 37.9% 39.3%
October/November 2021 19 10 52.6% 52.6%
April/May 2021 33 19 57.6% 59.4%
October/November 2020 32 22 68.8% 71.0%
July 2020 23 15 65.2% 65.2%
October/November 2019 25 14 56.0% 58.3%
May 2019 37 22 59.5% 59.5%
October/November 2018 50 32 64.0% 65.3%
April 2018 47 28 59.6% 60.9%
October/November 2017 34 20 58.8% 62.5%
May 2017 35 17 48.6% 50.0%
October/November 2016 29 18 62.1% 64.3%
May 2016 49 32 65.3% 66.7%
October/November 2015 46 29 63.0% 64.4%
April/May 2015 56 34 60.7% 60.7%
October/November 2014 51 27 52.9% 52.9%
April/May 2014 65 37 56.9% 60.7%
November 2013 58 37 63.8% 64.9%

About RET FRC

The Canadian funding and regulation exam of the Retirement track, offered from 2013 until the 2025 course-based pathway redesign.

Data: Society of Actuaries official exam statistics, 2013 to 2025. Last updated July 5, 2026.

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