• Did your disability costs just go up?

    If your disability benefits are self -insured, you probably need to take action Over the last decade there has been an inconsistency between the deductions of EI and CPP contributions for employer-provided disability benefits. Recent changes to the Canada Pension Act now offer a consistent basis for the deductions of EI and CPP contributions: employer-paid

  • How to Evaluate the Safety of Sovereign Bonds

    For most of the post World War II period the government bond markets in the developed countries were very predictable.  The rate of inflation was the most important factor in determining the level of interest rates and there was very little concern regarding default.  For these countries the return on government bonds was considered to

  • Quebec – Temporary relief measures for the funding of solvency deficiencies

    On December 28th, 2011, the Quebec Government published draft regulations announcing its intentions to extend the relief measures to defined benefit pension plans registered in Quebec until the earliest of the following events: the first actuarial valuation showing that the plan is solvent, the amendment of the plan (must be at the end of the

  • 2011 Amendments to Canada Pension Plans and Quebec Pension Plans

    Recently several amendments were made to both the Canada Pension Plan (CPP) and the Quebec Pension Plan (QPP) – some with effective dates of January 1, 2011. As these changes impact retirement benefits paid from each program, it is important to review how the amendments could impact both individuals and plan sponsors. The following summary

  • Pension Reform Press Release

    PBI Actuarial Consultants supports Federal Finance Minister Flaherty’s two-pronged approach to pension reform including limited enhancement to the Canada Pension Plan (CPP) and legislative amendments that would facilitate large, multi-employer plans. “The CPP scale and structure are already there and the financing mechanism is in place,” says PBI actuary and President Tony Williams. “It would

  • Article on Liability-Driven Investing published in Employee Benefits News Canada

    LDI Helps Pension Funds Weather the Storm Article by Tony Williams, President at PBI Actuarial Consultants Ltd., published in Employee Benefits News. Extract: Pension funds that are currently underfunded on either a going-concern or a solvency basis due to the unraveling of global capital markets since August 2007 should seriously consider liability-driven investing to immunize

  • Protected: Highlights From the Only MEPP Benchmarking Study Revealed (Sign-up Required)

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