Administrators > Administration Manual > Section 3 Membership > New Hire - Full-time

New Hire - Full-time

Forms Checklist:

Pension Membership Enrolment (pdf) (Word)

Member Handbook

It's about your privacy

Transferring Service

Definition / Eligibility:

A person who is hired by a College on a full-time basis.

Full-time Employees under age 71 automatically join the CAAT Pension Plan. They remain Members as long as they are employed by the College and under age 71. At age 71 they must stop contributing and start receiving their pension, even if still employed.

College Responsibilities:

Complete the Pension Membership Enrolment form. The Member may want to name a non-Spouse Beneficiary in Section B, "Personal Information " and must sign page 2, "Consent for the Collection and Use of Personal Information".
Make copies of the Pension Membership Enrolment form for your records and return the original to the CAAT Pension Plan.
Give Member a copy of the Member Handbook and the pamphlet "It's about your privacy".
When enrolling an Employee, you must ask if the Employee has any service that is eligible for purchase or any service that can be transferred into the Plan. Most transfer agreements have time limits and costs usually increase if the purchase is delayed. If the new Member has any such service, please refer to Section 6 - Transfers and begin the process immediately.

CAAT Pension Plan Responsibilities:

Enrol new Member.

Plan Text Reference: 2.19, 2.24, 3.01

May 2009