Here are five facts are about the CAAT Plan’s Board of Trustees and Sponsors’ Committee, and CAAT Plan funding.
Member PoliciesOn May 31, the CAAT Pension Plan’s governors approved a restatement of the Plan Text designed to bring the document up-to-date by removing obsolete provisions, ensure alignment with legislation and give members added flexibility. The restated Plan Text goes into effect on January 1, 2018.
The 2017 Member Opinion Survey closes soon.
How does a Modern DB pension plan stay sustainable? There are five key components needed for a successful Modern DB plan, like the CAAT Pension Plan.
Register for the upcoming 2016 Annual report webinar
Canadians across generations want secure, predictable retirement income
The CAAT Pension Plan 2016 Annual Report, The Next Fifty Years, is now available on our website.
The Canadian Public Pension Leadership Council (CPPLC) held its inaugural forum, A National Discussion on Public Pension Issues at Ryerson University on April 13, 2017. Derek Dobson, CAAT Pension Plan’s CEO & Plan Manager, spoke at the forum about the results of CPPLC’s national survey of Canadian’s values and attitudes toward retirement income.
Five-year annualized net rate of return of 10.5% is well in excess of the 5.6% needed to sustain the Plan over the long term
TORONTO, May 10, 2017 - The Colleges of Applied Arts and Technology (CAAT) Pension Plan announced today Plan assets reached $9.4 billion at December 31, 2016, compared with $8.6 billion the previous year. The Plan returned 8.0% net of investment management fees, outperforming its policy benchmark by 1.3%.
Modern Defined Benefit (DB) plans, such as the CAAT Pension Plan, are an efficient way to help members build a secure lifetime pension. They also act as a valuable way for employers to attract and retain talent.
In a Modern DB pension plan, members and employers share the risks and costs of the plan, and make all the decisions about the Plan together. Modern DB pension plans are good for members, good for employers, and good for Canada. And they need champions to help spread the word.