Services provided in respect of Pension Plans

Plenus provides assistance to pension plan sponsors with the following:

• Pension administration

• Actuarial valuations for funding purposes

• Windup reports

• Plan costing work

• Plan governance work

• Accounting valuations

• Investment work including asset liability studies

Dealing with any type of pension plan is complex. We recognize that not only is it vital to do the actuarial work associated with a pension plan in an accurate and cost-efficient manner, but it is equally important to make sure that our clients understand how their pension plan works and what the actuarial numbers mean.

Our pension clients include: Multi-Employer Pension Plans (MEPPs), Single Employer Pension Plans (SEPPs) and Individual Pension Plans (IPPs).

Services provided in respect of Other Post-Employment Benefits

Plenus prepares post-employment valuations for purposes of disclosing the financial impact of certain programs on an organization’s financial statements. Programs include sick leave plans (both vested and non-vested), service awards or retirement allowances, post-employment health and Supplemental Executive Retirement Plans (SERPs).

Services provided in respect of Actuarial Evidence

Plenus provides expert reports and consulting services to assist in legal or financial matters that require actuarial expertise including:

• Marital Separation or Divorce – Valuing pension benefits for purpose of dividing family property.

• Personal Injury – Estimating the value of lost income, lost valuable services or future cost of care in relation to personal injury.

• Fatality – Determining the loss of financial support or valuable services due to death.

• LTD Settlements – Estimating the lump sum value of long-term disability benefits.

• Criminal Rate of Interest – Calculating the effective annual interest rate embedded in a series of cash flows to confirm accordance with the Criminal Code.

• Wrongful Dismissal – Calculating the value of lost income or lost pension benefits.

In accordance with our actuarial standards of practice, Plenus provides independent and unbiased advice in these matters.

Services provided in respect of Workers Compensation

Plenus provides actuarial consulting services on an array of workers’ compensation issues including:

• Independent peer review or second opinions on actuarial reports/analysis

• Assessment rate calculations and reviews

• Liability valuation or costing of benefit/policy changes