Annual Webinar on benefit security and the CAAT Plan’s continued sustainability
Derek W. Dobson to answer your questions
May 12, 2020, 12:00 – 1:00 p.m. EDT
Although 2019 was an exceptional year for the Fund’s performance, recent events have dramatically changed the near-term outlook for the Canadian and global economies. After a brief presentation highlighting the Plan’s 2019 performance, Derek W. Dobson, CAAT’s CEO, will be available to answer your questions about the financial health of the Plan and its continued sustainability during these uncertain times.
Plan funded status sits at 118% with funding reserves of $2.9 billion
Toronto, March 10, 2020 – The CAAT Pension Plan stands 118% funded on a going-concern basis, with $2.9 billion in funding reserves, based on its latest actuarial valuation as of January 1, 2020.
CAAT rings in 2020 by welcoming new employers
The Plan adds its first Manitoba employer, and expands its list of non-profit employers
The CAAT Pension Plan continues to diversify its membership and extend its reach across Canada. On January 1, 2020, CAAT welcomed three more employers to the growing list of members in the DBplus plan design.
As part of the ongoing initiative to provide more working Canadians with defined benefit pensions in retirement, CAAT has recently welcomed a number of new members from across the country.
The CAAT Pension Plan is honoured to be selected as one of Waterstone Human Capital’s “Most Admired Corporate Cultures” for 2019.
This annual honour roll acknowledges “best-in-class Canadian organizations for fostering cultures that enhance performance and help sustain a competitive advantage.”
Did you know that your pension grows in retirement, as it receives inflation protection increases? And if you die, your spouse receives a pension, paid to them for the rest of their life?
Your DBplus defined benefit pension from the CAAT Plan will provide you with a lifetime of monthly pension payments after you retire. But did you know that you have ways to increase your pension?
We’ve enhanced your Annual Statement! Your next Statement will still contain all your valuable pension information in one place, with a fresh, new look.
CAAT is evolving to meet the needs of a changing workforce. Since its launch in 2018, DBplus has attracted several new employers with its innovative offering, which includes guaranteed lifetime retirement income with conditional inflation protection, survivor pension benefits, and early retirement options – with the certainty of a fixed cost for both employees and employers.