Pension Plan Tips

This video has pension plan tips for HR professionals - who aren't pension administrators! Pensions are so important to our employees (even if they don't know it yet) and a valuable part of the total rewards package. In Canada, there is a lot of regulation and governance associated with pension plans. So what if you, an HR generalist, are asked questions about your pension plan? How do you answer them? How do they factor into the employee value proposition? This video will provide some insight into pensions from Brent Perdue who has managed them for a number of large companies. 0:00 Intro 1:30 What does a pension administrator do? 2:21 What is a pension participant? 3:34 Who has a role in pension administration? 4:45 What is the role of committees? 6:27 What are the metrics and regulations? 8:02 What should an HR generalist know? 10:06 What should HR leaders know? 11:15 How do pensions fit into the employee value proposition? 13:08 I just got pension responsibilities! Where do I start? More total rewards episodes are coming! Find Andrea (me) at www.thehrhub.ca. I'm an HR consultant as well as YouTuber and provide a wide range of consulting support.