Employees of DOFASCO Retirement Services         

Dofasco's Pension Fund Monthly Market Value Adjustment (MVA*) is 11.8451%
For Retirements in September 2012
*The MVA is the return on all the Fund's investments, if sold at month end.   


2009 to 2012 FUND STATISTICS. Fund assets are invested in a balanced portfolio of equity and fixed income securities.

 Jan

 Feb

 Mar

 Apr

 May

 Jun

 Jul

 Aug

 Sep

 Oct

 Nov

 Dec

 11.213%

 13.2266%

 13.6264%

  12.5619%

 8.6362%

 10.0415%

 10.0392%

  11.8451%        

 18.57%

 20.41%

 19.463%

 19.80%

 19.73%

 17.65%

 15.37%

 12.4165%

  8.6391%

 12.9019%

 11.9961%

 7.44%

 10.17%

11.40% 

 13.92% 

 13.36%

 10.46%

 8.58%

 11.84%

 11.38%

 15.28%

 17.58%

 17.28%

  16.61%

-13.97%

 -17.45%

 -12.46%

 -7.45%

 -3.54%

 -2.28%

 0.76%

 4.09%

 7.06%

 4.63%

 7.16%

 11.71%

IN FEBRUARY : ArcelorMittal Dofasco financial results and Fund Books will be distributed. 
Book your appointment to review your Fund Book, its impact on your plans and prepare/update your Personal Retirement Income Plan

Send Fred an email requesting an appointment or more information:   
10,000 families and 6,000 members can't be wrong.    Click here to "Read all about it.."

RETIREMENT SERVICES

 Pre-retirement
  • Draft Retirement Income Plan
  • Regular RRSP and Dofaso Fund Book review and incorporate into the Retirement Income Plan development process
  • Monitor Dofasco MVA, SRIP and Annuity Factors.  Income and expense scenario refinement
  • Submit CPP and OAS applications prior to retirement (if applicable)
  • Review estate requirements/gaps and recommend strategies and solutions
  • Develop strategies to maximize income and reduce risk.  Solutions may include RRSP's, RRIF's, TFSA's, LIRA, LIF, etc., mutual funds, seg funds, insurance products, guaranteed income funds, guaranteed investment certificates
The day you "Sign-off"
  • You simply sign-off at the Fund Office.  We attend your sign-off or meet immediately following
  • We complete all Dofasco and Government paperwork and send it by Bonded Courier to its destination
  • We work with Dofasco Pensions and Benefits, and Dofasco Payroll to ensure a smooth transition
  • Implement the Retirement Income Plan  
 In Retirement
  • Monitor Retirement Income Plan
  • Regular personal reviews and adjustments as required
  • Provide estate, trust, income tax and legal referrals as required
  • Estate plan review and enhancements as required


What DOFASCO RETIREES say...

"We have been Fred's clients since 2004.  Fred worked with us to prepare for retirement and together we developed a plan that allowed Jennifer and myself to retire early from Dofasco.  We have a realistic Retirement Income Plan in place, and we're comfortable our Fund money is in capable hands.  If you're looking for a Financial Advisor who knows the Fund and someone you can trust, we highly recommend Fred.  Thanks for everything Fred!"

           ~ Gregg and Jennifer Jacobs - Dofasco Retiree(s) 

"I worked with Fred when I retired from Dofasco.  I'm happy to recommend him to Dofasco employees.  My Retirement Income Plan is working and my investments are doing great!" 

           ~ David Stirling - Dofasco Retiree

"My wife and I dealt exclusively with Fred when I retired from Dofasco.  He is very knowledgeable about Dofasco's pension plan.  Since retiring our investments have done exceptionally well.  We trust Fred and we're happy to recommend him to co-workers, family and friends."

           ~ Jim and Georgina Burley - Dofasco Retiree



Pension/fund cost factors

(example -  Feb 2010)

 Age Cost Factor  Age  Cost Factor 
 48  $16.672  57  $14.401
 49  $16.368  58  $14.137
 50  $16.105  59  $13.864
 51  $15.885  60  $13.617
 52  $15.572  61  $13.353
 53  $15.346  62  $13.086
 54  $15.155  63  $12.783
 55  $14.913  64  $12.418
 56  $14.619  65  $12.187

The cost factor reflects the cost to purchase $1 of pension income for a lifetime (with a minimum of at least 5 years payments)

How to use the cost factor.   An example of an individual retirement at age 55 with 30 year's of service. 
                           MVA of Fund Money / Age 55 Cost Factor = estimated annual pension income
                                                             $166,588 / $14.913 = $11,305 per year

                                                 

Frederick Marchildon MBA
Managing Partner
Vice President

Retirement income Specialist
Dofasco Pension Fund Specialist
Independent Insurance Broker

GIC Financial Services Inc.
Golf Links Center Suite 203
34 Stone Church Rd W
Ancaster ON L9K 1P4

905-304-7574 ext 26
 
frederick_marchildon@gicfinancial.com

Danielle Marchildon
Administrative Coordinator
905-304-7574 ext 31









THE BUILDING BLOCKS...

Restoring, Rebuild and Re-engaging



Canada Pension Plan (CPP) Info

Toll-Free: 1 800 277-9914

CPP Application Form

Application Instructions

Old Age Security (OAS) Information

Toll-Free: 1 800 277-9914

OAS Application Form

CPP/OAS Direct Deposit Form