The Canadian Institute of Actuaries (CIA) will offer its insights on changes to the Québec Pension Plan (QPP) today, as part of the Government of Québec’s public consultation on the plan, which takes place every six years.
The creation of the new University Pension Plan of Ontario was a significant challenge, but the leadership of CEO and CIA member Barbara Zvan led to a successful launch – and resulted in her being named overall CEO of the Year by Report on Business Magazine.
At the CIA’s annual conference, act22,last June, we delivered a mix of technical sessions and inspiring keynote presentations, and encouraged discussions to help Canada’s actuaries with their work, post-conference.
Introductory presentations on pension plans often begin with an explanation that there are two kinds of pension plans: defined contribution and defined benefit. The problem with this starting point is that none of it is true.