CAAT Pension Plan

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Pensioner FAQ - Questions

Our Pensioner FAQs provide answers to some of the questions you may have about your pension plan.

The CAAT Pension Plan in general

How big is the CAAT Pension Plan? How does it compare in size to other plans?
What's the difference between a defined benefit pension plan and other kinds of plans?
Does the Plan do anything to ensure my personal information remains private?
Does the CAAT Pension Plan pay for health and insurance benefits in retirement?

Retirement

What sources of government pension income am I entitled to receive?
Does the CAAT Pension Plan arrange my Canada Pension Plan pensions as well?
How is the CAAT Pension Plan integrated with the Canada Pension Plan at retirement?
What is "total retirement income"?
I'm thinking of relocating permanently outside of Canada. Will this affect my pension?
I am retired but have been thinking about returning to work at a College. How will my pension be affected?

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Bridge Benefit

What is a Bridge Benefit?
Why does the Bridge Benefit stop at age 65?
Can I collect a Bridge Benefit and a CPP pension at the same time?
Is the amount of the Bridge benefit based on the amount of CPP pension I actually receive?
How do you calculate the Bridge Benefit?
Will my Spouse's pension be affected by the Bridge Benefit reduction?

Indexation

What is indexation?
Who qualifies for indexation?
How is indexation calculated?
Is the Bridge Benefit indexed?
How do I know if my pension is going to increase this year?

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The 60 Months Pension Guarantee

Can you explain the guarantee of 60 months of pension payments?

Survivor Benefits

When I die, what benefit is available to my family?
How do I designate a beneficiary?
Who are my Beneficiaries and what benefits can they get from the CAAT Plan?
If my Spouse is automatically my Beneficiary, why should I name someone else?
Why does the Plan need to know information about my Spouse?
I have a different spouse now than when I retired. What papers or materials does the Plan need in order to ensure that my file is properly up to date?

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October 2008


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