18.1(1)Subject to subsection (2), the conversion of optional ancillary contributions to optional ancillary benefits shall be determined in accordance with actuarial assumptions and methods that are considered by the actuary to be adequate and appropriate and in accordance with generally accepted actuarial principles.

18.1(2)If the Superintendent establishes or approves a method for converting optional ancillary contributions to optional ancillary benefits, the value of the optional ancillary benefits determined by the method established or approved by the Superintendent shall prevail.