Introducing DBplus: A new defined benefit design for those who work part time or on contract

Posted for Everyone, June 18, 2018

Designed to meet the unique needs of other than regular full-time (OTRFT) employees, DBplus is an easy-to-understand defined benefit (DB) pension plan with a fixed contribution rate for members, matched dollar for dollar by employers.

DBplus comes into effect on January 1, 2019, and is designed to pay a higher lifetime pension to members who work other-than-regular-full-time (OTRFT) hours. DBplus improves equity between member groups, and easily accommodates the transition to full-time employment.

Visit our website to learn more, and to watch videos about DBplus.

Join us for a webinar

Webinars to explain DBplus will be held on June 27 and 28 during the lunch hour. Derek Dobson, CEO of the CAAT Pension Plan, will deliver the presentation and answer your questions.

Missed the webinars? A recording will be posted to our website soon.