Financial challenges such as low interest rates and market volatility are threats to retirement security that multi-employer Defined Benefit plans like ours are well-situated to manage. The biggest threat to the sustainability of public sector pension plans may well be the lack of information and attention being paid to the emerging debate.
The 2013 annual report details the Plan’s investment returns and recaps other Plan accomplishments, including being fully funded for the fourth consecutive year, and the progress on the proposal to merge with interested single university pension plans.
Click here to download the 2013 Annual Report and watch videos of our executive team.
Watch the final instalments of our video series as Derek Dobson, CEO and Plan Manager, addresses some common misconceptions about Defined Benefit pension plans. Check out the links below:
It matters who is responsible for your pension plan and, in the CAAT Pension Plan, members and employers together share that responsibility.
Retirement is expensive. Canadians are living longer, yet only 32% have access to a registered pension plan at work, and that number is shrinking. What type of problems will the country face if fewer and fewer Canadians are adequately prepared for retirement?
Defined Benefit pension plans, especially multi-employer, jointly sponsored plans, are the answer to Canada’s pressing pension problems.
Are you ready to talk about pensions?
You already know that Defined Benefit (DB) plans like ours deliver adequate retirement income security – our plan is 105% funded with a growing reserve.
Plan assets at $7.1 billion with a going-concern funding reserve of $525 million
The CAAT Pension Plan today announced a 13.9% rate of return net of investment management fees for the year ended December 31, 2013.The Plan’s net assets increased to $7.1 billion from $6.3 billion the previous year.
The purpose of this message is to inform you of the CAAT Pension Plan’s response to the internet security issue known as Heartbleed.
The first Retired Member Newsletter of 2014 invites you to share your experiences as a CAAT Pension Plan retiree, and let us know what you think about your Retired Member Statements.
Wondering how changes to inflation protection may affect you next year? Our new video on the website shares an example of ad hoc inflation protection.