September 7, 2010
                     








Pension Administration

Leong & Associates provides third party administration for defined benefit pension plans and defined contribution pension plans.

Some of the pension administration services we provide include:
  • enrolment
  • maintaining individual employee records
  • calculation of benefits payable upon death, termination of employment, retirement, and marriage breakdown
  • authorization of payments and transfers from the plan
  • preparation of annual statements for employees
  • tax reporting such as pension adjustments, pension adjustment reversals, annual information returns, etc.
  • annual administration reports on plan activities
  • ensuring that the requirements of the plan and regulatory bodies are satisfied
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