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Individual Pension
Plans - IPPs
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Registered Pension
Plans - RPPs
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| Retirement Compensation Arrangement - RCAs
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| Legal Reports
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Administration
Services
Westcoast
Actuaries Inc. provides customized
administration solutions to a broad range of retirement saving and
retirement income plans.
Administration Services for
Retirement Income Plans
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Plan administration may include but not limited to:
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Record-keeping
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Account allocation and balance tracking
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Enrollment
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Prepare annual employer and employee statements
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Reconcile plan financial activities and membership
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Process termination, retirement, pre & post-retirement
death and disability benefits
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Perform benefit calculations
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Prepare statement and/or election form required by pension
legislation as well as other required forms such as Locking-In
Agreement, transfer form and direct deposit form
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Prepare authorization of payment to custodian
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Prepare benefit estimates
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Handle inquiries from members or their representatives
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Handle all aspects of tax reporting
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Prepare and file annual information return or pension trust return
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Perform plan audit on benefit payments
We offer customized third-party administration
services either on a fee-for-service basis or on a fixed annual or
per- member charge basis payable quarterly or monthly. Amounts depend
on member category and complexity of plan. Services are also available
for implementation of turn-key administration systems and training
of client’s internal administration staff.
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