Index

• Author: Ari Kaplan, Mitch Frazer
• Pages: 635-665

635

INDEX

Accrual of be nef‌its. See Vesting rights

Actuarial

agents

adminis trative agents, as, 350–53

role of re pensions, 59

standard s of, 56

equivalency

early retire ment, 259–61

form of pension, 248 –49

surplus versus actual surplus, 554–56

valuation report s, 94, 409–12, 544n

content of, 410–12

general, 409

periodicit y, 409–10, 553

plan amendment a nd, 412

surplus, 553–54

wind up and, 538, 578

Additional volunt ary contributions

(AVC s), 2 35

def‌in ed, 235n

Adminis tration, pension plan, 304 –76

agents and advi sors, 343–62. See also

Adminis trators, pension plan,

agents and advi sors

duty and stand ard of care, 318–35

dischar ge and mitigation, 336–43.

See also Admini strators, pen-

sion plan, stand ard of care,

duties and, di scharge and

mitigation

duty, content of, 321–35. See also

Adminis trators, pension plan,

standard of c are, duties and,

duty, content of

general, 318–21

general, 304–17

adminis trators, identity of, 304–

15. See also Admi nistrators,

pension plan, ide ntity of

statutory fu nctions, 315–17. See

also Admini strators, pension

plan, statutor y functions of

specif‌ic is sues in, 362–76

plan expen ses and costs, 362–69

employees, charg ing fees to,

368–69

legal advice, pay ment for,

366– 67

litigation cost s, payment for,

367

reasonablene ss, need for, 365–66

statutory req uirements, 362–63

trust and com mon law prin-

ciples, 363– 65

privacy legi slation, 369–76

agents and thi rd parties,

375– 76

conf‌idence and conf‌ide ntiality,

duty of, 375

employee consent, 374–75

PENSIO N LAW

636

general, 369

pension admi nistration, best

practices for, 376

private sector, 370–71

public sector, 371–72

relevance of, 369–70

statutory def‌i nitions, 372–74

Adminis trative law, pensions and, 29–31

application of, 30 –31

“high duty” princ iple of, 30

Adminis trators, pension plan, 8, 10,

14, 22n, 23, 30–31, 32n, 33n, 47,

48, 49n, 59, 62, 64, 65, 67, 76, 78,

79, 82–83, 84, 86, 175, 186, 200,

202, 209, 210, 219, 224, 228–29,

230, 235, 238, 239, 240, 253, 259,

260– 61, 264, 265, 266, 274, 280,

281, 286, 294, 295, 296–97, 300,

301, 328, 372, 426–27

agents and advi sors, 343–62

adminis trative agents, type s of,

348 –62

actuarie s, 350–53, 362

custodia ns and trustees,

353–5 8, 362

employee investment c onsult-

ants, 359–61, 362

investment adv isors and man-

agers, 358–59, 362

law yers, 361–62

agency principle, 3 43

overview of, 343 –48

agents’ duty, scope of, 345– 46

duty to monitor agent, 343– 44

general, 343

who may be an agent?, 344– 45

to whom duty is owed?, 347–48

contribution holid ays, role of in, 406

identity of, 304 –15

advisor y committees, 313–15

employee represent ation, 306–10

Income Tax Act (ITA), def‌inition of

by, 306

joint governance, t rade-off of,

311–1 3

implementation level de cisions,

312

Pension Benef‌it s Act, def‌inition of

by, 304–9, 310n, 312

pensioner repre sentation, 310–11

Personal Informatio n Protection and

Electronic Document s Act (PI-

PEDA) and. See Pr ivacy legisla-

tion

plan amendment a nd, 434, 435,

436 –37

plan valuation a nd, 410

removal of, 149

responsibi lities of, 113–14, 117, 243

checkerboard approach, 113

f‌inal locat ion approach, 113–14

minimum st andards re death

ben ef‌its , 289 –91

liability r isk, 290

pension plan f unding, respon-

sibilities for, 386 –88

enforcement, 387–88

general, 386

investment, p ension assets, of,

417–18 , 427

multi-employer pen sion plans

(MEPPs), rules of, 386–87

statement of invest ment

policies and proce dures

(SIP&P) an d, 418–19

pre-retirement deat h benef‌its,

289–90

standard of c are, duties and, 318–43,

378

dischar ge and mitigation, 336–43

advice and dir ections, 340–43

claims to re cover losses, 338–39

overpayment a nd set-off, 337–38

statutory di scharge, 336–37

duty, content of, 321–35

conf‌lict of intere st, absence of,

324 –31

gener al, 321–22

impartiality and even-handed-

ne ss, 331 –34

inform and di sclose, 334–35

loyalty and good fa ith, 323–24

prud ence, 322, 323, 332

relevant knowledge a nd skill,

322–2 3

general, 318–21

common law duty of ca re, 319–20

statutory duty of c are, 318–19,

320n, 322, 324, 325–27,

332, 333–34