NOTICE OF POSTPONEMENT
In light of the recent developments of the COVID-19 situation and its impact on business gatherings, CPBI Manitoba is forced to postpone the March 19th session “Are Pension Commuted Value Changes Affecting You?”.
We are monitoring the situation and working with the speaker to determine a new date for this session.
Please visit our website www.cpbi-icra.ca for the status of upcoming CPBI events in the Manitoba region.
On January 24, 2020, the Canadian Institute of Actuaries published revisions to its Standards of Practice which introduce changes to the calculation of commuted values. These changes will take effect by August 1, 2020.
Jared will provide an overview of:
• pension commuted values
• how commuted values are currently determined
• how commuted values would be determined under the new standard
In addition, Jared will provide commentary on considerations regarding implementation of the new standard.