Value for members
Cost effective, cost-shared, jointly-sponsored DB Plans are helping members earn stable, adequate retirement incomes. CAAT Plan members see real value in belonging to the Plan.
The CAAT Plan is jointly governed - members and employers together share responsibility for any deficits or surpluses. Working together towards a common goal leads to security.
Workplace pensions are working for Canadians
Inadequate retirement savings is a problem. The solution provided by DB Pension Plans benefits more than just the members – the advantages carry over to taxpayers, governments, and employers.
The Defined Benefit advantage
In the joint governance model, those who bear the risks have a seat at the governance tables, and equally share the responsibility for the stability, strength and cost of the Plan.