We are pleased to report on the findings of our annual surveys of retired and active members that finished in early September. More than 2,800 retired members responded – a 28% increase over last year. Thank you to all who took part.
A positive change that applies to members who work part time or on contract will take effect on January 1, 2019. This change does not affect retired members or their pensions. Additionally, there are no changes for members who work full time.
All members and employers benefit from growing plan membership. The following have joined the CAAT Pension Plan as our newest employers.
Andrew Mathenge is the Director of Information Technology at the CAAT Pension Plan. An important part of Andrew’s responsibilities is cybersecurity – the protection of information within computer systems, networks and programs.
As the CAAT Plan is a jointly sponsored pension plan, members and employers are equally represented on the Board of Trustees and Sponsors’ Committee. The following changes have recently taken place.
The 1.62% increase takes effect January 1, 2019.
The CAAT Pension Plan is honoured to be the winner of the innovation in plan design and reform award at Pensions & Investments' 2018 WorldPensionSummit in The Hague, Netherlands.
The CAAT Pension Plan is honoured to be the recipient of the pension performance award as part of Benefits Canada’s 2018 Workplace Benefits Awards.
Torstar Corporation and its applicable subsidiaries become the first new employers to join CAAT using the DBplus plan design.
Read the Member Newsletter for September 2018