Upcoming changes to key Ontario and federal legislation will impact the benefit design, risk-sharing, or cost of most pension and benefit programs. The maturation of capital accumulation plans and development of decumulation solutions will require careful navigation by employers and plan administrators. Developments in the case law also present new challenges and opportunities.
In this session, we will provide clients with information and strategies to assist them in their roles as employers or plan administrators to plan for key near term changes relating to pensions and benefits. We will discuss:
- Decumulation strategies for defined contribution and group RRSP plans
- How to best prepare your organization for the upcoming changes to the Canada Pension Plan (CPP)
- Solvency funding and target benefit plan reform initiatives
- The latest cases on benefits fraud, changing benefits, and pension administrative errors
- Navigating the new one week waiting period for Employment Insurance benefits
- Professional issues and obligations that arise in the context of a pension plan administrator acting as a litigant.
By the end of this seminar, attendees will be able to:
- Apply best practices in preparing for CPP enhancement
- Understand strategic considerations and challenges with respect to decumulation
- Prepare for specific federal and Ontario legislative developments expected to come into effect in 2017 and beyond
- Respond proactively to the latest challenges and opportunities in pension and benefit plan design and administration.
Our presenters will be available after the session for any informal discussions you may wish to have.
|This organization has been approved as an Accredited Provider of Professionalism Content by The Law Society of Upper Canada. Total CPD = 15 minutes of Professionalism, and
1 hour and 15 minutes of Substantive CPD