The Management And Regulation Of Occupational Pension Plans In Canada

Author : Edward Tamagno
Publisher : Unknown
Page : 0 pages
File Size : 49,7 Mb
Release : 2006
Category : Old age pensions
ISBN : 1553822102

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The Management and Regulation of Occupational Pension Plans in Canada by Edward Tamagno Pdf

The framework for the regulation of occupational pension plans The first formal step to regulate occupational pension plans in Canada was taken in 1946 when the Department of National Revenue, which at the time was the agency of the federal government responsible for the administration of the Income Tax Act, issued guidelines to determine whether a plan qualified for the preferential tax treatment [...] One of the conditions for obtaining this registration is that the plan also be registered with the provincial or federal agency responsible for the pension benefit law applicable to the plan, thus ensuring that occupational pension plans comply with all the requirements of the regulatory framework under both the tax and the pension benefit laws.6. [...] The titles of the relevant pension benefit laws and of the agencies responsible for overseeing their application are shown in Table 1. Designation of the plan administrator and the plan trustee The plan administrator is the person, group or entity responsible for managing the affairs of an occupational pension plan. [...] The solvency of the plan is determined as the aggregate of the market value of the plan assets and the present value of future special payments, over the liabilities of the plan where the liabilities are determined on a plan termination basis. [...] Rules regarding the investment of the assets of a plan The overriding objectives of pension benefit laws are to protect the interests of plan members and, in particular, to ensure that the plans will be able to pay the promised benefits when the pensions become due.

Author : Frank M. Kleiler
Publisher : Unknown
Page : 158 pages
File Size : 41,9 Mb
Release : 1970
Category : Old age pensions
ISBN : MINN:31951D03118713D

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Canadian Regulation of Pension Plans by Frank M. Kleiler Pdf

Author : Economic Council of Canada
Publisher : Council ; Hull, Que. : available from Canadian Government Publishing Centre, Supply and Services Canada
Page : 164 pages
File Size : 45,7 Mb
Release : 1979
Category : Business & Economics
ISBN : UOM:39015008412127

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One in Three by Economic Council of Canada Pdf

Report on economic implications and demographic aspects affecting pension schemes up to the year 2030 in Canada - examines the efficiency, of pension schemes, the effects of inflation, financial aspects, Motivation for retirement, savings and investment in both the private sector and public sector, and includes recommendations for social policy and economic policy. Glossary, graphs, references and statistical tables.

Author : Canada Pension Plan
Publisher : Unknown
Page : 248 pages
File Size : 47,5 Mb
Release : 1976
Category : Pensions
ISBN : OCLC:61640161

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Canada Pension Plan R.S., C. C-5 and Regulations Made Thereunder by Canada Pension Plan Pdf

Author : Michael G. Abbott
Publisher : Queen's Policy Studies Series
Page : 0 pages
File Size : 40,7 Mb
Release : 2009
Category : Pensions
ISBN : 1553391624

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Retirement Policy Issues in Canada by Michael G. Abbott Pdf

After fifteen years of economic expansion, Canada is now experiencing shortages of skilled workers in a number of areas - a mere hint of what's to come, given the eight-million plus baby boomers who will be retiring from the Canadian labour force over the next fifteen years or so. This on-coming wave of retirements will have major implications for the economic well-being of both the retirees - particularly since people are living longer after retirement - and the Canadian economy at large. In Retirement Policy Issues in Canada, contributors look at Canada's changing retirement landscape in broad terms. Chapters cover such topics as the direction of pension regulation in Canada, Canadian retirement patterns, retirement income replacement rates, challenges and policy options for an aging workforce, retirement incentives in defined benefit public and private pensions in Canada, key design features of defined benefit and defined contribution pension plans, recent legal and regulatory changes in pension plan design in Canada, options for older workers following job loss, management of longevity risks, sustainability of the Canada Pension Plan, mandatory retirement and private plan incentives, and the retirement prospects of immigrants.

Author : Michael Orszag, John Evans, John Piggott
Publisher : Edward Elgar Publishing
Page : 284 pages
File Size : 47,8 Mb
Release : 2008-06-30
Category : Business & Economics
ISBN : 9781781007662

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Pension fund governance by Michael Orszag, John Evans, John Piggott Pdf

'This collection of essays on a rapidly developing topic is a valuable addition to the field and the editors must be congratulated on beginning to bring the area to the attention of thinkers and government (not necessarily the same thing), who are charged with dealing with the challenge of controlling private pension provision.' - Robin Ellison, Pensions

Author : United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions
Publisher : Unknown
Page : 280 pages
File Size : 49,6 Mb
Release : 2000
Category : Business & Economics
ISBN : PSU:000046299741

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Hybrid Pension Plans by United States. Congress. Senate. Committee on Health, Education, Labor, and Pensions Pdf

Author : Tamar Frankel
Publisher : Oxford University Press
Page : 334 pages
File Size : 41,9 Mb
Release : 2011
Category : Business & Economics
ISBN : 9780195391565

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Fiduciary Law by Tamar Frankel Pdf

In Fiduciary Law, Tamar Frankel examines the structure, principles, themes, and objectives of fiduciary law. Fiduciaries, which include corporate managers, money managers, lawyers, and physicians among others, are entrusted with money or power. Frankel explains how fiduciary law is designed to offer protection from abuse of this method of safekeeping. She deals with fiduciaries in general, and identifies situations in which fiduciary law falls short of offering protection. Frankel analyzes fiduciary debates, and argues that greater preventive measures are required. She offers guidelines for determining the boundaries and substance of fiduciary law, and discusses how failure to enforce fiduciary law can contribute to failing financial and economic systems. Frankel offers ideas and explanations for the courts, regulators, and legislatures, as well as the fiduciaries and entrustors. She argues for strong legal protection against abuse of entrustment as a means of encouraging fiduciary services in society. Fiduciary Law can help lawyers and policy makers designing the future law and the systems that it protects.

Author : Nicholas Morris
Publisher : Routledge
Page : 200 pages
File Size : 46,9 Mb
Release : 2018-03-19
Category : Law
ISBN : 9781351975155

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Management and Regulation of Pension Schemes by Nicholas Morris Pdf

Perhaps the greatest long-term challenge facing modern economies is how to pay for the living expenses and care costs of the elderly. Following policy decisions made in Australia in the 1990s, a substantial part of the pension requirements of the next cohort of retirees will be met from savings accumulated during working years. The effective management of these savings is crucial. If they are invested wisely, the assets available to fund pensions and care will grow; if not, available funds may turn out to be insufficient. Unfortunately, there is considerable evidence worldwide that the management of funds attracts rent-seeking behaviour by the financial services industry which erodes much of the potential return. Australia introduced compulsory superannuation contributions for its working population in 1991, leading to a proliferation of funded schemes that are largely run by the private sector. Complexity, and many degrees of separation between fund members and those who manage their funds, have emerged as serious problems. Combined with weak competitive pressures and governance systems, and insufficient legal and regulatory constraints, the result is a system that does not serve its members well. This book provides a detailed evaluation of the Australian experience, highlights the extent to which the financial services industry has extracted rents from Australian pensioners, and how and why this occurred. Based on original empirical research, and examination of industry reviews and relevant literature, the book demonstrates the numerous principal–agent, conflict of interest and rent extraction problems that have emerged in Australia. The book makes suggestions for how these problems can be addressed in Australia, and also provides lessons for other countries wishing to enact pension reform.

Author : Anonim
Publisher : Unknown
Page : 104 pages
File Size : 46,9 Mb
Release : 1994
Category : Cross-cultural studies
ISBN : CORNELL:31924069092850

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Complementary Pensions by Anonim Pdf

Author : Ingo Bode
Publisher : Routledge
Page : 265 pages
File Size : 55,7 Mb
Release : 2007-10-24
Category : Business & Economics
ISBN : 9781135905613

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The Culture of Welfare Markets by Ingo Bode Pdf

This book examines the rise of welfare markets in Western societies and explores their functioning, regulation and embeddedness by addressing the particular field of old age provision, including both retirement provision and elderly care. It goes beyond a mere social policy analysis by investigating major cultural underpinnings of the new (quasi-)markets, with these underpinnings embracing collective normative representations of how societies (should) institutionally handle old age. The book looks at whether pension and care systems are converging under the influence of globalization – with marketization being a key phenomenon – and to what extent this is creating a transnational culture of welfare markets. This book, the first book to systematically describe and analyse the phenomenon of welfare markets, elucidates the complex cultural underpinnings of care and pensions systems in an era of marketization, arguing that we are facing a cultural struggle over the way late modern societies conceptualize institutional old-age provision.

Author : Samuel Pienknagura,Christopher Evans
Publisher : International Monetary Fund
Page : 52 pages
File Size : 46,5 Mb
Release : 2021-09-10
Category : Business & Economics
ISBN : 9781513596112

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Assessing Chile's Pension System: Challenges and Reform Options by Samuel Pienknagura,Christopher Evans Pdf

Chile’s pension system came under close scrutiny in recent years. This paper takes stock of the adequacy of the system and highlights its challenges. Chile’s defined contribution system was quite influential when introduced, and was taken as an example by other countries. However, it is now delivering low replacement rates relative to OECD peers, as its parameters did not adapt over time to changing demographics and global returns, while informality persists in the labor market. In the absence of reforms, the system’s inability to deliver adequate outcomes for a large share of participants will continue to magnify, as demographic trends and low global interest rates will continue to reduce replacement rates. In addition, recent legislation allowing for pension savings withdrawals to counter the effects from the COVID-19 pandemic, is projected to further reduce replacement rates and increase fiscal costs. A substantial improvement in replacement rates is feasible, via a reform that raises contribution rates and the retirement age, coupled with policies that increases workers’ contribution density.

Author : Yu-Wei Hu,Gregorio Impavido,Xiaohong Li
Publisher : International Monetary Fund
Page : 52 pages
File Size : 49,6 Mb
Release : 2009-11-01
Category : Business & Economics
ISBN : 9781451873931

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Governance and Fund Management in the Chinese Pension System by Yu-Wei Hu,Gregorio Impavido,Xiaohong Li Pdf

The Chinese pension system is highly fragmented and decentralized, with governance standards, pension fund management practices, their regulation and supervision varying considerably both across the funded components of the Chinese pension system and across provinces. This paper describes the key components of the system, highlights the progress made to date and identifies remaining weaknesses, in regard to information disclosure, the governance framework and pension fund management standards.

Author : Gene Shematek,Marie Sopko
Publisher : Unknown
Page : 128 pages
File Size : 52,9 Mb
Release : 2016-02
Category : Electronic
ISBN : 0433486899

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A Guide to Occupational Health and Safety in Offices by Gene Shematek,Marie Sopko Pdf

"This book focuses on occupational health and safety in office environments. While there are many similarities in occupational health and safety management systems and strategies across all industry sectors, applying the principles and tools in office environments is often a challenge. This is due, in large part, to the prevalent perception that office work is very low risk. This book is designed to be a guide to assist in the design and implementation of effective occupational health and safety systems, including processes and programs that are specific for office environments."--

Author : Jason Foster,Bob Barnetson
Publisher : Athabasca University Press
Page : 271 pages
File Size : 52,5 Mb
Release : 2016-07-31
Category : Political Science
ISBN : 9781771991841

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Health and Safety in Canadian Workplaces by Jason Foster,Bob Barnetson Pdf

Workplace injuries happen every day and can profoundly affect workers, their families, and the communities in which they live. This textbook is for workers and students looking for an introduction to injury prevention on the job. Foster and Barnetson bring the field into the twenty-first century by including discussions of how precarious employment, gender, and ill-health can be better handled in Canadian OHS.