I am certainly no expert in this but I would think it makes no difference since actuaries only do all their work every three years (in the case of my company's plan) or so. In between times they set an accrual amount using set presumptions, not the actual treasury rates.
Of course they may be booked to revalue the plan between now and fall, so all their value assumptions may change.
The bigger issue really is Why you want to do this. I would kill for a DBPP.
Rising bond rates should affect CIA prescribed rates which will affect the commuted value (ie rates going up means that your $$ goes down). Commuted value (in simple terms) is what you need to invest today in order to get the monthly benefit you earned in future. Every temination of employment gets an individual calculation.
The valuations have nothing with your commuted value! (well that's not entirely true because if the assets vs. liabilities are in trouble FSCO might not allow the firm to pay out the full amount of your commuted value - but that's another story).
Well, it's been a year since I have retired and it was great. It was no worries and anxieties but with this coronavirus situation some anxiety has returned.
Celebrating my 67th birthday next month I guess I'm in supposedly near this "danger zone" of 70 years old. Living in Montreal...
Is there a strategic approach to determining when to make RRSP/RRIF withdrawals during the year to derive benefits or reduce risk/drawbacks?
When I retire, my dividends will form the base of my retirement income. However, I also want to start withdrawing from my RRSP using VPW but can still be...
I applied OAS and GIS early April, 2020 online and I was wondering how long the processing times will take these days due to the current situation (pandemic)?
Thank you for sharing your experiences.
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