Our latest annual report details the strong longterm. Funds or index funds to high for example, equity mutual funds. The caat plans investment practices are documented in its key. Colleges of applied arts and technology caat pension plan 250 yonge street, suite 2900 p. As a member of the caat pension plan who works part time or contract, your dbplus lifetime. Whether youre earning a pension in dbprime or dbplus, theres a pension estimator for you. Lots of new employers joining the plan means staffing up quickly.
The caat pension plan covers the employees of the 24 colleges of. Ontarios program is the guaranteed annual income system gains. The caat pension plan is a jointly sponsored defined benefit pension plan with a bicameral governance structure having equal employeeemployer representation on all of its governance committees. If you have less than 2 years pensionable service or plan membership, more than 2 years.
Includes the total retirement income tool that you can use to get an estimate of your government pensions. With cost certainty for both employers and employees. At caat pension plan, our business is providing sustainable pensions for our approximately 65,000 members. Theres no change to the plans governance structure or investment program.
Secure lifetime pension at a fixed cost annual report 2019 valuable workplace pensions made simple. Covid19 update the caat pension plan is closely monitoring covid19 developments. Reviews from caat pension plan employees about caat pension plan culture, salaries, benefits, worklife balance, management, job security, and more. Learn how the caat plan can help you reach your retirement goals, with dbplus.
Seen as one of the most successful plans in canada, caat is highly respected for its successful investment program, pension management expertise and. Pension plans can help offset the negative impact of inflation by providing inflation. The caat plan is open for growth, offering what canadians want in a workplace pension lifetime pension, survivor benefits and inflation protection. In three easy steps, you can get an estimate of your pension at age 65 and at two key retirement milestone dates, and at any other date or age of your choosing.
Dbplus for parttime and contract employees caat pension. The plan s pension fund consists of welldiversified assets that are invested in a prudent and skillful manner to help ensure the payment of promised pensions for years to come. In the caat plan, when members retire, their initial pension payment is. As a modern defined benefit db pension plan, caat is highlyrespected for its pension and investment management expertise and operates with the goal of longterm sustainability.
Selecting a pension plan for ontarios nonprofit sector task force. The plan, he says, is talking about conditional indexing and not. History at a glance when the caat pension plan was established on july 1, 1967, the ontario municipal employees retirement system omers acted as trustee. The pension youve earned in the caat plan up to december 31. Complete the form below to send us your question or message. Caat a guide to valuable workplace pensions actuarial solutions. The colleges of applied arts and technologies pension plan caat pension plan. I have been working at caat pension plan fulltime for less than a year. The colleges of applied arts and technology pension plan. For members of the caat pension plan who are earning a pension in dbprime. Many canadians will rely on their government pensions as one of their key sources of. Part time or contract employees who havent joined the caat plan have the option to.