A Brief look at the CAAT Pension Plan
Governance
Members of the Board of Trustees and Sponsors' Committee
The Colleges of Applied Arts and Technology (CAAT) Pension Plan was established in 1967. The CAAT Pension Plan is a multi-employer plan. Its Employers represent the Colleges of Applied Arts and Technology, the Ontario College Application Services and the employees of the CAAT Pension Plan. Approximately 17,500 Members contribute to the plan and 11,000 retired Members or their Beneficiaries collect pension benefits.
Day-to-day administration is carried out at the plan's office in Toronto, Ontario, under the management of a Plan Manager and CEO. Administrative direction is provided by a Board of Trustees, which is appointed by the Plan's three sponsoring bodies, the Association of Colleges of Applied Arts and Technology of Ontario (ACAATO), The Ontario College Administrative Staff Association (OCASA) and the Ontario Public Service Employees Union (OPSEU). The Board comprises six Employer representatives and six Employee representatives.
The purpose of the Plan is to provide a secure retirement income to Plan Members based upon a formula that takes into account their pensionable service and earnings. The pension fund is financed through equal Member and Employer contributions, along with the investment earnings on those contributions. Our Investments section provides up-to-date asset and investment figures.
Details about your pension entitlements can be found in the Member Handbook. To find out how to contact the CAAT Pension Plan, visit How to reach us and for more about the Plan's beginnings, visit A History of Security and Trust.
January 2008
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