Actuarial Notes

Canadian Handbook of Flexible Benefits

By Robert J. McKay · John Wiley & Sons Canada · 2007 · GH101-105-25

Study guide: Exam GH-101

The definitive guide to flexible benefit programs in Canada, in a third edition published in 2007 and edited by Robert J. McKay of Hewitt Associates. It offers everything organizations need to know about designing, implementing, communicating and administering a flexible benefits program, with new material on retiree flexible benefit programs, maintaining and revitalizing an existing plan, flex for executives, provincial considerations, case studies and flexible benefit developments in eight countries.

On the syllabus

  • Exam GH-101 — Outcomes 4a; study note GH101-105-25, Ch. 7 (sections 7.1-7.3, 7.5-7.7) of Canadian Handbook of Flexible Benefits, McKay, 3rd Edition, 2007.

Foreword

Preface

About the Editor

Contributors

Part One Overview

1 Origins and Objectives

2 Elements of Flexible Benefits

3 Starting and Maintaining a Flexible Program

4 Plan Structure and Eligibility

Part Two Design

5 Health Care

6 Death and Disability

7 Flexible Accounts - Health Spending, Personal, and Perquisite

8 Time Off with Pay

9 Flexible Benefits for Retirees

10 Retirement

11 Emerging Benefits

Part Three Legal and Regulatory Environment

12 Taxation of Flexible Benefits

13 Discriminating Issues

Part Four Structure and Financing

14 Pricing

15 Financial Analysis

16 Adverse Selection

17 Insurance Considerations

Part Five Communication

18 Communicating with Employees

19 Training the Implementation Staff

20 The Role of Employee Listening

Part Six Administration

21 Managing Administration

22 Administration Solutions

Part Seven Experience

23 Case Studies

Part Eight Global Trends

24 International Flexible Benefits

Appendix

Glossary

Index

Sources