B.C.: The New Frontier for DB and TB Pension Plan Funding

B.C.: The New Frontier for DB and TB Pension Plan Funding

April 10, 2024 12:00 PM to 1:00 PMOnline Pacific Time
Area of Interest: Pensions, Investments Format: Web

An online seminar hosted by CPBI Pacific

The session will review how the Target Benefit (TB) Plan and Defined Benefit (DB) Plan funding rules have changed in B.C. We will highlight what the old rules were, and how the new rules have interacted with changes in the economic environment to allow more pension plans to deliver benefit improvements recently. Topics covered will include:

  • Summary of old rules and issues they created
  • Summary of the improved new rules
  • Examples of how TB and DB plans comply with the new rules
  • Ideas on how the funding changes have allowed plan design to evolve
  • Summary of differences in Alberta and Saskatchewan
Cancellation Policy

Brendan George FIA, FCIA, FSA, CFA
George & Bell Consulting

Brendan has worked in the pension and investment fields for 29 years. His areas of specialization include the financing and actuarial analysis of pension plans and investment consulting.
Brendan’s clients include pension plans, insurance funds, workers’ compensation funds, endowments, and foundations.
Previously Brendan worked for a global consulting company as the National Investment Consulting Practice Leader, and prior to that the Regional Retirement Practice leader. Prior to 1995 Brendan worked in South Africa for a major consulting firm.
Brendan has designed and implemented pension plans and supplementary pension plans. He also has experience with investment policy design and monitoring and investment manager searches, as well as performing risk analysis and asset-liability projections.
He has testified before a workers’ compensation board hearing and a judicial compensation commission. Also, Brendan has experience leading education seminars for Boards, pension committees, investment committees and pension plan members.
He is a frequent speaker at industry events, including Canadian Pension & Benefits Institute, Association of Canadian Pension Management, Pacific Business and Law Institute, Federated Press, and International Foundation of Employee Benefit Plans.

Qualifications & Education
Brendan is a Fellow of the Canadian Institute of Actuaries and a Fellow of the Institute of Actuaries (England). He is a Fellow of the Society of Actuaries and a Chartered Financial Analyst charterholder.
He graduated from the University of the Witwatersrand, South Africa in 1993 with a Bachelor of Economic Science Degree (with Distinction) in Statistics and Actuarial Science.


Yemurai Bgwoni
George & Bell Consulting

Yemurai has worked in the retirement field for 5 years. She has experience with project managing and performing actuarial valuations and year end accounting disclosures for defined benefit pension plans. She has also contributed to special projects such as defined benefit plan design and windups.

Qualifications & Education
Yemurai graduated from the University of Manitoba with a Bachelor of Commerce (Honors) degree and a major in Actuarial Mathematics. She is currently pursuing the FSA and FCIA designations.


Attend to Learn:

  • Understand the different types of pension plan design
  • Review the differences between BC pension plan funding rules for target benefit and defined benefit plans
  • How to manage a DB or TB pension plan effectively
  • How funding rules differ by province



Wednesday April 10, 2024
12:00 pm - 1:00 pm PT - Education session
Certificate of Attendance quiz to follow


Registration Fee

Members: $25
Non-Members: $75
Sponsors: 1 credit



Online Workshop

Access information will be sent to all registrants one day in advance of the online session.  Please plan to log in 10 minutes prior to the start of the session. This session will be recorded and available to registrants.


Who Should Attend:

HR professionals, Plan Sponsors, Consultants/Advisors, Recordkeepers and anyone interested in getting a better understanding of typical pension plan designs and legislation


CE Credit

Certificates of Attendance confirming education hours will be offered, with which attendees may seek corresponding accreditation via their preferred regulatory body.



Krista Frayn
Phone: (888) 788-3185
[email protected]



Kim Duxbury

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