Actuarial Notes

Canadian Pensions and Retirement Income Planning

By Willis Towers Watson · LexisNexis Canada · 2017

Study guide: Exam RET-301

A guide to the legislative, professional and administrative requirements for running pension and other retirement plans in Canada. In the publisher's description, the sixth edition (LexisNexis Canada, March 2017; 528 pages) covers all types of retirement income plans, including defined benefit, defined contribution, RRSPs and deferred profit sharing plans, with a comprehensive examination of Canada's tax rules for retirement income programs and background material on minimum pension standards, actuarial valuations and accounting standards.

On the syllabus

  • Exam RET-301 — Outcomes 3a, 3b (Regulations: Evaluation and Application): Ch. 1 Overview (section 105, sections 120-145) (3a), Ch. 2 and Ch. 3 (3a, 3b), Ch. 5-12 (3b), Ch. 14 and Ch. 16-22 (3b), Ch. 23 Pensions for the Highly Paid (3b); Outcomes 4a, 4b (Regulations: Plan Funding): Ch. 15 Pension Plan Valuation Concepts (excluding Section 1525) and Ch. 23 Pensions for the Highly Paid.

Foreword

1 Overview

2 Definitions

3 Conceptual Overview of RRSP Contribution Rules

4 Detailed RRSP Contribution Rules

5 Introduction To Pension Adjustments and General PA Rules

6 Pension Adjustments for Defined Contribution RPPs and DPSPs

7 Pension Adjustments for Defined Benefit Plans

8 Pension Adjustments for Combination Plans and Hybrids

9 Pension Adjustments for Plans with Several Participating Employers

10 Past Service Pension Adjustments

11 Pension Adjustment Reversals

12 PSPA and PAR for Multi-Employer Plans

13 Introduction to Minimum Standards Legislation for RPPs

14 Tax-Sheltered Retirement Savings Vehicles

15 Pension Plan Valuation Concepts

16 Registration Rules for Money Purchase Plans

17 Registration Rules for Defined Benefit RPPs – Permissible Benefits

18 Registration Rules for Defined Benefit RPPs – Eligible Contributions

19 Registration Rules for DPSPs

20 Registration Rules for Combination Plans and Hybrids

21 Registration Rules for Multi-Employer Plans

22 Filing Requirements for RPPs

23 Pensions for the Highly Paid

Appendix 1 Transition and Historical Rules

Appendix 2 Tax Forms

Appendix 3 Reference Data

Appendix 4 Cross-Reference to Income Tax Act (Canada) and Regulations

Sources