Retirement: Making Cents of Pension

Time and Place
Start Time:Tuesday, February 6, 2018 2:00 PM
End Time:Tuesday, February 6, 2018 4:00 PM
Held By:Barbados Employers' Confederation
Location:Barbados Employers' Confederation
Regular Admission:$275.00
 

Description

Retirement: Making Cents of Pensions

The Occupational Pension Benefits Act provides for the establishment, management and registration of Occupational Pension Plans. Pension planning is a two-tiered process; there is personal planning and financial planning. Personal planning is important because it determines your preferred retirement lifestyle while financial planning helps to strategize your income and expenses which creates a retirement budget based on your personal plan. During this workshop, specific emphasis will be placed on the minimum standards legislation, main functions of the Occupational Pension Benefits Act and regulations, the role of the administrator, disclosure requirements and investment policies and goals.

Participants Will Learn

• How to plan for retirement/ Guidelines for pension planning

• The minimum standards of legislation for the occupational pension benefits act

• The main functions of the OPBA

• The main functions of the Administrator

• How to determine risks for pension plans and risk assessments/ strategy

• How to identify issues surrounding pensions

• Pension reform and types of pension

Training Methods

• Case studies

• PowerPoint Presentation

• Interactive Discussion

Who Should Attend

• Business Owners

• Heads of Departments

• Human Resource personnel

• Line Managers & Supervisors

• Administrative

• Professionals

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