commuted value – Benefits Canada.com https://uat-cumulus.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Thu, 16 Jan 2025 20:41:36 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Group of DB pension plans release educational video for financial literacy month https://uat-cumulus.benefitscanada.com/pensions/defined-benefit-pensions/group-of-db-pension-plans-release-educational-video-for-financial-literacy-month/ Thu, 18 Nov 2021 15:30:06 +0000 https://www.benefitscanada.com/?p=111870 To celebrate Financial Literacy Month, a consortium of public sector defined benefit pension plan sponsors are releasing an informational video designed to educate their plan members about the risks associated with taking the commuted value out of their pension. The animated video was produced by the British Columbia’s college, municipal and public service, WorkSafeBC, the Colleges of […]

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]]> CIA selects FTSE Russell to represent Canada bond market for commuted-value calculations https://uat-cumulus.benefitscanada.com/canadian-investment-review/fixed-income/cia-ftse-russell-partner-on-commuted-value-calculation/ Mon, 21 Sep 2020 03:58:37 +0000 https://cumulus.benefitscanada.com/uncategorized/cia-ftse-russell-partner-on-commuted-value-calculation/ The Canadian Institute of Actuaries has selected FTSE Russell to represent the provincial and investment-grade corporate bond spread to be used for the CIA’s new market-based commuted-value calculation. The calculation is used to determine how much to pay a member of a registered defined benefit pension who leaves the plan and elects to receive their […]

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]]> Are pension funds considering filing early valuations to lock in pre-coronavirus funded ratios? https://uat-cumulus.benefitscanada.com/canadian-investment-review/db-investments/should-pension-funds-consider-filing-early-valuations-to-lock-in-pre-corona-funded-ratios/ Mon, 13 Apr 2020 08:39:00 +0000 https://cumulus.benefitscanada.com/uncategorized/should-pension-funds-consider-filing-early-valuations-to-lock-in-pre-corona-funded-ratios/ With coronavirus causing market volatility and an increase in the size of solvency liabilities, pension plans are feeling the impact. One potential way for plan sponsors to ease the pain is by performing an early actuarial valuation to capture year-end 2019 numbers. Most Canadian jurisdictions require plans to file valuations every three years, however a […]

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