Schedule of Pension Program - Module 1 (Speaker: Pierre Devolder) (9 CPD)

Content of the 3 sessions:

Subjects to be discussed:

• Concept of collective pension plans and multi Pillars approach
• Different types of benefit plans (DB/DC/Defined ambition/Cash Balance/…)
• General actuarial financing methods (répartition pure, répartition provisionnée, répartition des capitaux de couverture, capitalisation individuelle, capitalisation collective)
• Architectures and reforms of the First Pillar (PAYG versus funding, notional accounts,points schemes, …) with international comparisons
• Funding vehicles  of the Second Plllar (internal provisions, pension funds, sector-based funds, group insurance, …)

Continuation of the subjects of the first session.