Take a deep dive into target benefit plans. Learn how they compare to other types of plans and receive an update on the latest legislation. This three-part video presentation package is intended for a Canadian audience was recorded at the 49th Annual Canadian Employee Benefits Conference. Each session is 1 hour 15 minutes long.
Access is provided via "My E-Learning" on the Foundation's website for 180 days from the date of purchase.
DB vs. DC vs. Target Benefits
Domenic Barbiero, FCIA, FSA, Eckler Ltd.
This session will look at three common plan designs: defined benefit, defined contribution and target benefit. Specifically, it will discuss how each design works, how they compare to each other, the advantages/disadvantages of each and current trends in coverage and legislation.
A Plan by Any Other Name: Target Benefits From an International Perspective
Barbara Sanders, M.Sc., FCIA, FFA, Simon Fraser University.
This session will review relevant aspects of the Dutch experience as it continued to unfold with surprising twists and turns over the last five years, as well as other countries' efforts in moving to a variable benefit framework without guarantees. Participants will leave with an understanding of the key issues and challenges as they apply to target benefit plans back home.
Update on Multi-Employer Funding Standards of Practice and Target Benefit Plan Regulations
Adam J. Rennison, CFA, FCIA, FSA, PBI Actuarial Consultants Ltd.
- Update on the progress of the Canadian Institute of Actuaries' development of a new set of MEPP standards
- Update of target benefit plan legislation across the country
- Discussion on how these impact the management of your trust fund and benefit priorities.