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
Markland Wood Golf Club
245 Markland Drive
Toronto, ON M9C 1R1
(On Bloor west of Hwy 427)
(Convenient free parking)
$55 - Chapter Members*
$65 - ISCEBS or IFEBP Members (non-Toronto Chapter members)
$75 - Non-Members/Guests
$300 - Table of Six
*Toronto Chapter members receive one free seminar per year, additional seminars are $55
Register below via Apple Square.
Attendees may also bring a check payable to Toronto Area Chapter ISCEBS or e-transfer to email@example.com.
Please RSVP by Friday, March 27, 2020
This seminar qualifies for two (2) CEBS Compliance credits.
Visit www.cebs.org/compliance for more information.