As a jointly sponsored pension plan, members and employers are equally represented on the Board of Trustees. Part of this equal representation includes a regular 18-month change in the Chair and Vice-Chair positions.
Most recently, Scott Blakey, an Employer Trustee, has been appointed to the role of Chair of the Board, and Donald Wright, an Employee Trustee and former Chair of the Board, assumed the role of Vice-Chair. These appointments came into effect on October 1, 2017.
Our 50th anniversary year has been an eventful one, during which the Plan has welcomed new employers from within and outside the Ontario College system. As we close out our “50 Facts” series, with the final 15 facts, we’re taking the opportunity to reflect on the past, and on how the Plan continues to remain relevant to its members
Read the Member Newsletter for December 2017
Modern Defined Benefit (DB) pension plans like the CAAT Plan are good for members, good for employers, and good for Canada. And they need champions like you to help spread the word.
The CAAT Pension Plan’s inflation protection rate for 2018 will be . The increase takes effect January 1, 2018.
If you were part of the recent strike you may be wondering how it affects your CAAT Plan pension. Join us in December for a webinar on strike service purchases.
Register for an upcoming Retirement Planning webinar
As a Plan member who was on strike, you will be able to purchase the pensionable service lost during the strike.
If you are a member of the CAAT Pension Plan when the work stoppage begins, you remain a member as long as you return to work when the work stoppage ends.
Following the success of the ROM Pension Plan merger into the CAAT Plan, interest has grown in the CAAT Plan’s ‘growth initiative’. Most recently, the Board of Trustees and Sponsors’ Committee agreed to the merger of the Youth Services Bureau of Ottawa (YSB) Pension Plan into the CAAT Plan (effective January 1, 2018).