You may have heard that the Ontario Government is involved in a public discussion about the appropriate accounting treatment of pension plan surplus on the Ontario Government’s books. An expert panel has been formed to deliver advice and recommendations on the appropriate application of the accounting standards used by the Ontario Government for its balance sheet. The primary focus to date has been those pension plans of which the Ontario Government is a sponsor.
The CAAT Pension Plan has offered early retirement provisions since the beginning, in order to give members greater flexibility to retire at the time that best suits them. So whether you’re retiring early because you want to or need to, your pension will be there.
The year 1967 is when the CAAT Pension Plan was established. The first five facts in our “50 Facts” series compare Plan members of 1967 to those of today.
We’ve come a long way since … 1967 when the Plan had 2,703 active members, made up of only full-time employees of Ontario’s 24 new colleges.
Every member of the CAAT Pension Plan has a unique, six-digit identification number called their Member ID.
The 2016 survey findings are consistent with what you’ve told us in the past.
Board of Trustees - Chair and Vice-Chair: Donald Wright was appointed to the role of Chair of the Board and Beverly Townsend was appointed to the role of Vice-Chair, effective April 1, 2016.
With only five internal investment professionals, the CAAT Pension Plan’s investment team demonstrates that a relatively small team can deliver investment returns that rank among the best in the country.
As a retired member or surviving spouse of the CAAT Pension Plan, your pension payments are made directly into your bank account via direct deposit.
(Toronto: December 12, 2016) The merger between the Royal Ontario Museum (ROM) pension plan and the Colleges of Applied Arts and Technology (CAAT) Pension Plan received final approval from the Financial Services Commission of Ontario earlier today.