Sentences with phrase «pension plan beneficiaries»

At a very general level, this case raises the issue of how the law balances the interests of pension plan beneficiaries with those of other creditors.

Not exact matches

He also supported a robust pension reform plan in 2011 that raised the retirement age and eliminated cost - of - living adjustments for beneficiaries.

You see, my dad was an Ontario high - school teacher and the fortunate beneficiary of the famous defined benefit (DB) teachers» pension plan.

are still referenced as accepted wisdom regarding the Asset Location preferences of the beneficiaries of pension plans.

For a property and casualty insurance company, those liabilities are reserves for losses, while for pension plans and life companies, those liabilities are estimates of the amount and timing of future payments to be made to beneficiaries.

These rollovers include RESPs (provided the plans share a common beneficiary), and RRSPs, RRIFs and certain lump - sum amounts paid from registered pension plans (provided the plan holders are the beneficiary's deceased parents or grandparents).

You will learn all about health insurance, dental insurance, vision insurance, long term disability insurance, short term disability insurance, life insurance, 401 (k) plans, employee stock purchase plans, pensions, beneficiaries, pre-tax deductions, after - tax deductions, and a whole lot more.

Avoid probate fees by naming beneficiaries to life insurance policies and pension plans, joint ownership and by multiple wills.

Pension plans have employers as grantors, employees as beneficiaries, and (usually) a third party as trustee.

Pension plans, life insurance proceeds, 401k plans, health or medical savings accounts, and individual retirement accounts (IRA) that have designated beneficiaries will not need to be probated.

If a multiemployer pension plan applies under Kline - Miller, plan participants and beneficiaries will be notified of the application, including an estimate of their reduced benefits.

We expect that most plan participants and beneficiaries in multiemployer pension plans will not see their benefits reduced.

I'd argue that the majority who ARE confident are probably the beneficiaries of employer - sponsored Defined Benefit pension plans, ideally the kind of inflation - indexed ones that many public servants enjoy.

These regulations would affect participants, beneficiaries, sponsors, and administrators of defined benefit pension plans.

Money that your life insurance or savings and pension plan (s) pays to your estate or beneficiary after your death.

+ read full definition for the death benefitDeath benefit Money that your life insurance or savings and pension plan (s) pays to your estate or beneficiary after your death.

Pension Benefit - A retirement benefit payable under a pension plan to a participant or the participant's benefPension Benefit - A retirement benefit payable under a pension plan to a participant or the participant's benefpension plan to a participant or the participant's beneficiary.

Summary Plan Description (SPD)- A document that a plan administrator must provide to plan participants (and beneficiaries receiving benefits) that describes important features of the pension plan in plain languPlan Description (SPD)- A document that a plan administrator must provide to plan participants (and beneficiaries receiving benefits) that describes important features of the pension plan in plain languplan administrator must provide to plan participants (and beneficiaries receiving benefits) that describes important features of the pension plan in plain languplan participants (and beneficiaries receiving benefits) that describes important features of the pension plan in plain languplan in plain language.

MyPBA (for Single - Employer Plans only)- My Pension Benefit Account, the PBGC's secure online application that allows participants and beneficiaries in PBGC - trusteed single - employer plans to update their personal information and perform benefit - related transactions with Plans only)- My Pension Benefit Account, the PBGC's secure online application that allows participants and beneficiaries in PBGC - trusteed single - employer plans to update their personal information and perform benefit - related transactions with plans to update their personal information and perform benefit - related transactions with PBGC.

We hope you'll join our Legacy Society program by naming Nate's Honor Animal Rescue as a beneficiary in your will, life insurance policy, pension plan or charitable trust.

We hope you'll become a Founders Society member by naming the Dumb Friends League as a beneficiary in your will, living trust, life insurance policy, pension plan, or charitable trust.

Retirement Savings: IRAs, pensions, 401K plans, and other retirement savings arrangements provide for death beneficiaries — which may be a nonprofit organization.

as a beneficiary in your will, life insurance policy, pension plan or charitable trust.

Planned giving brochures: The Heart of Planned Giving The Art of Planned Giving Transfer Your Value and Values Taking Refuge in a Trust Charitable Gift Annuities Gifts can also be made to DVIS when a donor designates DVIS as the beneficiary on their life insurance, IRA, or Pension Plan.

Retirement Plan Assets: Name the Parks Conservancy a beneficiary of your retirement plan asset, including individual retirement accounts (IRAs), pension plans, profit sharing plans, 401 (k) plans, and annuity plPlan Assets: Name the Parks Conservancy a beneficiary of your retirement plan asset, including individual retirement accounts (IRAs), pension plans, profit sharing plans, 401 (k) plans, and annuity plplan asset, including individual retirement accounts (IRAs), pension plans, profit sharing plans, 401 (k) plans, and annuity plans.

In a motion filed at the Ontario Superior Court of Justice — Commercial List on August 11, 2017, the lawyer for Retirees of Sears Canada cited s. 57 (4) of the Pension Benefits Act (PBA) and s. 30 (7) of the Personal Property Security Act (PPSA) to create a deemed trust priority in favour of the beneficiaries of the pension plan over other assets of the emPension Benefits Act (PBA) and s. 30 (7) of the Personal Property Security Act (PPSA) to create a deemed trust priority in favour of the beneficiaries of the pension plan over other assets of the empension plan over other assets of the employer,

Andrew has advised many different participants in pension and benefit arrangements, including plan administrators, employers, boards of directors, trustees, insurance companies, investment managers and plan beneficiaries.

The South Central Pension Rights Project Staff Attorney is expected to fulfill the mission of Texas Legal Services Center and carry out the Pension Counseling and Information Program described in the U.S. Older Americans Act (42 U.S.C. 3020e — 1) by providing pension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingsPension Rights Project Staff Attorney is expected to fulfill the mission of Texas Legal Services Center and carry out the Pension Counseling and Information Program described in the U.S. Older Americans Act (42 U.S.C. 3020e — 1) by providing pension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingsPension Counseling and Information Program described in the U.S. Older Americans Act (42 U.S.C. 3020e — 1) by providing pension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingspension counseling and information services to participants and beneficiaries of employer sponsored pension and retirement savingspension and retirement savings plans.

(4) Where a pension plan is wound up in whole or in part, an employer who is required to pay contributions to the pension fund shall be deemed to hold in trust for the beneficiaries of the pension plan an amount of money equal to employer contributions accrued to the date of the wind up but not yet due under the plan or regulations.

I have a related question today: should people be able to use electronic means to designate beneficiaries of savings plans (pension plans, RRSPs, TFSAs etc.) or insurance policies?

Both sides cited cases which stand for the same basic proposition: A beneficiary has a proprietary interest in and is entitled to production of documents relating to advice sought and obtained by a trustee in connection with the administration or management of, for instance, a pension plan, or an estate (see Froese v. Montreal Trust Co. of Canada [1993] B.C.J. No. 1529 (S.C.), aff'd [1993] B.C.J. No. 1847 (C.A.); Re Ballard Estate [1994] O.J. No. 2281 (Gen. Div.)

New insurance policies or pension plans may also impact whom you name as beneficiaries.

Claim by beneficiary of pension fund against pension trustees, solicitor and accountants regarding pension planning and purchase of annuity.

Defended a plan sponsor and retirement plan against a claim for additional pension benefits by a plan beneficiary.

It follows that before entering into an analysis of the fiduciary duties of an employer as administrator of a pension plan under the PBA, it is necessary to consider the position and characteristics of the pension beneficiaries.

The court decided the bonus amount was not covered by the contribution amount, and indicated a pension plan must be interpreted according to its main purpose which is to provide a pension funded on actuarial assumptions fair to all employee beneficiaries under the plan.

The Court of Appeal found that under the PBSA, the Appellant's survivorship interest in the pension plan vested in July 2002 when Mr. Tarr irrevocably elected a joint pension with her as the beneficiary of the survivorship interest and commenced receipt of his pension.

The Court declined to determine whether the owner of a survivorship interest could effectively waive that interest to create a trust in favour of the pension plan member's beneficiaries.

Maintain up - to - date beneficiary designations on your life insurance policies, pension plans and RRSPs.

Do you need to review ownership and beneficiary arrangements for life insurance, annuities, pension plans and Individual Retirement Accounts?

All pension plans carry a Death Benefit, though the quantum and structure of the payment to the beneficiary is determined by the type of plan held at the time of policyholder's demise.

Such plans can also be tailored to payout the pension amount to a beneficiary (after the death of the life assured).

This order is issued by a judge, often at the same time as your divorce decree, to direct the pension or retirement plan administrator to pay a certain portion of benefits directly to the ex-spouse of the plan's beneficiary.

These include reading the decree for mistakes, obtaining certified copies of the divorce order, making new deed for real estate, transferring the titles of cars, and updating insurance coverage, amending beneficiary designations and W - 4 withholding and pension plans, rewriting wills and trusts, confirming the separation of bank and credit accounts, and following through on name changes.