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B.C. Target Benefit Plans: PfAD Suspension Effective December 31, 2019
While it may have gotten lost in the run-up to holiday season, the Order in Council passed on December 18, 2020 to suspend the application of the PfAD to B.C.’s Read full entry

Should I Take My Commuted Value? Interest Rates, Mortality Tables and Their Effect on Commuted Values
We are often asked by members whether or not they should take their commuted value as a lump sum payout upon termination. Read full entry

New B.C. Defined Benefit Funding Rules and Single Employer Target Benefit Plans
Last week the B.C. government announced new defined benefit (DB) plan funding rules that take effect December 31, 2019. Some might say that these changes have been long overdue given that the past regime’s heavy focus on solvency is a main cause of DB plans being less prevalent in the private sector. Read full entry

Supreme Court Reaches Decision in ICBA Case
On July 3, 2018, the Supreme Court of British Columbia completed its judicial review of a prior decision by the Information and Privacy Commissioner of B.C. Read full entry

Making Sense of the Proposed Enhancements to the Canada Pension Plan
Every province except Quebec agreed in principle to a deal on June 20, 2016 that will eventually improve the Canada Pension Plan. Read full entry

CPP Enhancement – An Idea Whose Time has Come?
Background
The new Liberal federal government has already met with the provinces to initiate discussions of enhancing the Canada Pension Plan (CPP). Read full entry

The George & Bell Team is Growing
George & Bell is pleased to announce a new addition to our team. Jian Zhang, a fully qualified actuary with 8 years of experience, has joined our firm as a Consultant. Read full entry

Should you Turn your Plan into a TBP? Join me at PBLI’s Conference for my Presentation
I will be speaking at Pacific Business & Law Institute’s Essential Tasks of Pension and Benefit Plan Trustees on February 24th. Read full entry

CPP Enhancement: Launch of George & Bell Calculator
Today we have launched our Enhanced CPP Calculator, www.cppenhancement.ca which projects the additional benefits and contributions under two of the most popular CPP enhancement proposals. Read full entry

What exactly does an Actuary do?
This is a common question I get asked all the time. So when the Pacific Business and Law Institute invited me to answer that question for a group of Trustees and Administrators this past week, I was only too happy to oblige. Read full entry