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X-WR-CALNAME:HR Events
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SUMMARY:Non-Academic Pension Plan:  Assessing Members’ Needs
DESCRIPTION:Member Session (Consolidated Presentation of Sessions 1 & 2):  
   Non-Academic Pension Plan Structure, Benefits and Funding
            (spouses welcome)
 
This Session will speak to the purpose of the initiative to assess members' needs. 

It will address:
* an overview of the concept of saving for retirement, the vehicles and sources available and where the Non-Academic Pension Plan fits in;  
* basics on how the Plan works and its governance will also be addressed;
* an overview of the benefits the Plan provides;
* how the Plan's benefits are financed;
* the significance of investment returns to the success of the Plan's funding;
* the degree to which cost of benefits can vary;
* the challenges involved in balancing the often competing funding objectives of benefit security and contribution rate stability;
* strategies to manage challenges;
* the role of the regulator and legislative framework to protect accrued benefits, and;
* corrective measures that can be taken when funding and cost becomes misaligned.
LOCATION:Ad Hum 527
SEQUENCE:2
UID:URHR2-512
DTSTAMP:20260520T020855
DTSTART:20151125T183000
DTEND:20151125T200000
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