Deferred Pension
If you do not want to start an immediate pension, you could choose a deferred pension. In this case, you leave your benefit in the CAAT Plan and start collecting a pension later, at a date of your choosing (it must be by the time you reach age 65).
Note that if you choose to start your deferred pension before reaching age 65, it will also be reduced to reflect the extended length of time you are expected to collect it. In the case of a deferred pension, the reduction factor is higher - 5% for each year you are away from age 65, rather than the 3% per year reduction you would have with an Early Retirement.
January 2009
| Contact Us | Disclaimer | Privacy | Archives |
| © CAAT Pension Plan | 1-866-350-CAAT (2228) |
| 2 Queen Street East, Suite 1400, P.O. Box 22 Toronto ON M5C 3G7 |
