Comprehensive Pre-retirement workshop – All provinces of Canada, except Province of Quebec

Overview

Delivery method

Virtual classroom

Duration

16 hours / 4 consecutive half-days

Audience

All public servants at all levels

Description

This workshop is designed for employees in all provinces of Canada except Quebec.

Notice: SSC incurs expenses for the sessions regardless of attendance. Please be mindful and committed to your registration. If your plans change, please cancel 12 business days prior to the course start date.

FINANCIAL PLANNING - PART 1

Employee Pension Plan

• Pension and benefits website
• Pension plan contributions
• Benefit calculations
• Benefit options
• Deductions
• Indexing
• Supplementary Death Benefit (SDB)
• Survivor benefits
• Leave without pay
• Service buyback
• Public Service Health Care Plan (PSHCP)
• Pensioners’ Dental Services Plan (PDSP)

FINANCIAL PLANNING - PART 2

Personal Finances

• Retirement planning
  • Financial pyramid
  • Budget
  • Financial concepts
  • Personal savings and debt management
  • Insurance
• Retirement income sources
  • CPP/QPP
  • RRSPs, RRIFs, TFSA and benefits
  • Investments and sale of assets
• How to maintain your standard of living
• Ways to pay less tax and fight inflation and investment strategies
• Choosing a professional
• Time and money
• Your employer
• Decisions to be made upon retirement
• Work or retirement
• Buying back years of service
• Financial security
• Retirement action plan

ESTATE PLANNING

Common Law (ON/CAN)

• Common-law (ON/CAN)
• Family Patrimony and Matrimonial Regime (Marriage and Civil Union)
• Need for a will
• Types of wills
• Modifying a will
• Proxy and mandates
• Advance medical directives

PSYCHOLOGICAL ASPECTS OF RETIREMENT: LIVING YOUR RETIREMENT

• The evolution of the concept of retirement
• The path to retirement
• The meaning of work and success (needs vs reactions)
• Roles, emotions, beliefs, needs during the transition period
• Retirement for singles or couples

HEALTH AND NUTRITION

• The brain: preserving a magnificient organ
• Maintaining mental cognition with favourable modifiable factors
  • Education & Cognitive Stimulation
  • Physical Activity, Nutrition
  • Social Interactions, Sleep/Rest Habits
• Avoid or control factors that negatively affect cognitive health
  • Blood Pressure, Smoking, Obesity, Stress, …
• Keep an eye on other determinants of health and aging
  • Alcohol, Cancers, Medications, Vaccinations, …

Target Audience

SSC Employees from all provinces of Canada, except Province of Quebec