Vias Ltd. offers all the actuarial, administrative and consulting services required to manage defined benefit pension plans.

Plan design

• Cost analysis to modify benefits, implementation of new provisions, implementation of flexible components;
• Set-up of supplemental pension plans.

Actuarial

• Actuarial valuation on capitalization bases for plans registered in Quebec or at the federal level;
• Actuarial valuation for accounting purposes and preparation of the information needed to meet the reporting requirements for the financial statements of plan sponsors / employers under different accounting standards (international, Canadian, American, public sector);
• Monitoring the financial position of plans on a periodic basis (for example quarterly);
• Projection of the financial position of plans at future dates.

Plan administration

• Maintaining and updating participation data, calculation of benefits and preparation of the form outlining the available options following the termination of employment, retirement or death of a participant;
• Calculation of benefits and preparation of the form outlining the available options following the breakdown of a marriage or union;
• Preparation of annual employee benefits statements;
• Calculation and reporting of pension adjustments, past service pension adjustments and pension adjustment reversals;
• Preparation of the annual information return and other forms required by the regulatory authorities.

Assistance to pension committees and pension plan sponsors

• Organization and preparation of pension committee meetings;
• Organization and preparation of annual participants meetings;
• Review and advise on the preparation of the financial statements for the pension plan;
• Analysis and drafting of investment policies, monitoring of investment performance and risk analysis with respect to the proportion of liabilities to assets;
• Consultation on legal and other developments affecting pension plans;
• Employee training.