Webinar on pension plan funding and the role of the actuary to take place Friday, April 8.
Ottawa (04 April 2016) — The 360,000-member National Union of Public and General Employees (NUPGE) will deliver its second in a series of five one-hour Pension Basics webinars on Friday, April 8, 2016.
Participants gain essential infomration on how pension plan funding works
The April 8 webinar, entitled Plan funding and the role of the actuary, will explore how the administrators of a defined benefit pension plan predict how much money will be needed to fund retirement promises made by the plan. It will also examine the role of the actuary in making those predictions, and what it means when a plan is underfunded or overfunded.
The webinar will be moderated by Jean-Guy Bourgeois, Director of Internal Operations with the Manitoba Government and General Employees’ Union (MGEU/NUPGE). The two presenters for the webinar will be
- Laurie Hutchinson, a Fellow of the Canadian Institute of Actuaries (FCIA) and a Trustee on the Ontario Municipal Employees Retirement System (OMERS) pension plan; and
- Cheri Hearty, a Benefits Counsellor with the Ontario Public Service Employees Union (OPSEU/NUPGE) and a Trustee on the Canadian Blood Services Pension Plan.
The time of the webinar will depend on which time zone in which a participant lives. To find the time of the webinar in your province, click here,
Interested in pensions or want to find out more about how they work, register today!
The series of Pension Basics webinars is designed for new or potential Component pension trustees, members of Component pension committees, as well as NUPGE activists and staff who have an interest, but not a strong background, in pensions. The webinars have been developed in cooperation with Shareholder Association for Research and Education (SHARE), a union-friendly advocacy organization specializing in Canadian pensions and responsible investment.
NUPGE members who have an interest in pensions are encouraged to participate in the webinars. Participants will need to register for each webinar in advance so they receive the proper notifications. Registration must be done online at http://share.ca/NUPGE-webinars/.
NUPGE members who participate in all webinars and complete a self-assessment will receive a certificate of completion.
Watch the first pension webinar and sign up for others
The first webinar providing an overview of Canada’s retirement system, which took place on March 18, 2016 is now posted on NUPGE’s YouTube channel.
The topics and dates for the three other webinars are:
- Pension investment — Friday, April 29, 2016
- Pension law — Friday, May 20, 2016
- Capital stewardship — Friday, June 10, 2016
For more details on each of the webinars and how to register, click here.
The National Union of Public and General Employees (NUPGE) is one of Canada's largest labour organizations with over 360,000 members. Our mission is to improve the lives of working families and to build a stronger Canada by ensuring our common wealth is used for the common good. NUPGE