The CAAT Pension Plan is a modern Defined Benefit (DB) pension plan. What do we mean by modern DB?
The CAAT Pension Plan has come a long way since it started in 1967.
Are you new to the CAAT Pension Plan? You have access to a wealth of resources to help you understand your pension and plan your retirement, no matter what your age.
3 reasons why YOU should attend a retirement planning session
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.