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New standard for pension commuted values
A new Canadian Institute of Actuaries’ standard for pension commuted values goes into effect August 1, 2020. What is the new standard, how will it affect lump sum values, how will it impact plan sponsors? Presented By: Faisal Siddiqi, FSA, FCIA and Carol Wong, FSA, FCIA As a member of the committee responsible for the implementation of the new standard, Mr. Siddiqi will offer a unique perspective on the changes. DC decumulation options This session will take a retiree-focused look at retirement payout options. What do retirees need and want from a retirement income solution? How are those needs served by the solutions that already exist and what gaps do the new proposed options fill? In addition to a review of the features of the Advanced Life Deferred Annuity (ALDA) and Variable Payment Life Annuity (VPLA) options proposed in the 2019 Federal Budget, the session will discuss variable benefit payments from DC plans and considerations for plan sponsors thinking about adding this feature to their plans. Presented by Michelle Oram, CEBS, ISCEBS Fellow |
Date:
Wednesday April 1, 2019 9:00-10:15 AM ET (1 hour 15 min) Cost: Free, Registration is Required* *this event is free as a one-time offer due to COVID-19 Registration Registration closed. If you did register, you will be emailed the link to the webinar in advance of the event. Questions Email: iscebstorontochapter@gmail.com. RSVP by Friday, March 27, 2020 
Continuing Education Credits CEBS Compliance: The program qualifies for two (2) CEBS Compliance credits. Visit www.cebs.org/compliance for more information. |
