Funding
Our funding policy describes how we keep your pension sustainable despite volatility.
One of Canada's most sustainable pension plans
CAAT is a Modern defined benefit (DB) pension plan, which offers the benefits Canadians want:
- lifetime income;
- inflation protection, and;
- survivor benefits.
LATEST
Read the latest news
- Employer News April 2025 Roundup Read the Employer News : Our 2025 Valuation reflects how we continue to build retirement security for members - hear more about CAAT's 2024 performance at our Annual Update.
- Employer education Employer Education Session - DBplus only In-year reporting Retirement Termination and Pre-Retirement Death : Date/Time : April 3, 2025, 1 to 2 p.m.
- News releases Jillian Kennedy Recognized as an Elite Woman of 2025 by Benefits and Pensions Monitor : CAAT Pension Plan is proud to celebrate Jillian Kennedy, Chief Strategy Officer, on being named an Elite Woman of 2025 by Benefits and Pensions Monitor (BPM).
- Announcements CAAT Pension Plan Promotes Karen Burnett as Vice President, Pensions Solutions : New promotion focuses on expanding pension coverage across Canada.
- News releases 2024 – A Year of Prestigious Recognition for CAAT : CAAT Pension Plan earned widespread recognition in 2024 for its commitment to enhancing retirement income security for members across Canada, as well as its industry-leading approach to people, culture and leadership.
- News releases Ontario Native Women’s Association joins CAAT’s DBplus : CAAT Pension Plan ("the Plan"), one of Canada's fastest-growing defined benefit (DB) pension plans, is pleased to announce the Ontario Native Women's Association (ONWA) is providing around 200 employees across the province with secure, stable lifetime retirement income through DBplus.
- News releases CAAT Pension Plan Appoints Jillian Kennedy as Chief Strategy Officer : New addition to the Plan’s Senior Executive Team to support CAAT’s commitment to increasing pension coverage in Canada.
- News releases CAAT Pension Plan Reaches 100,000-Member Milestone : Plan membership has more than doubled since the launch of DBplus in 2018.
- News releases CAAT Pension Plan Announces Strong Growth Results for 2023 : The Plan continues to see growth in assets, employers, members and investment returns.
- News releases CAAT Pension Plan Announces Strong Funding Status and Assets Under Management : The Plan saw significant growth in membership and participating employers across Canada in 2023.
- News releases Group of Canadian Energy Sector Companies Give Workers Retirement Income Security by Joining CAAT Pension Plan : Employees of Candu Energy Inc., Canadian Nuclear Laboratories (CNL), and Global First Power have joined CAAT Pension Plan to receive lifetime retirement income through its award-winning defined benefit plan design, DBplus.
- News releases Woodbridge Foam joins CAAT Pension Plan and DBplus : Unionized members and Woodbridge Foam reach a mutually beneficial agreement to provide a valuable defined benefit pension
- Announcements CAAT Pension Plan Responds to Resurgence of Workplace Pension Plans with Two New Appointments : CAAT Pension Plan (‘CAAT’) is pleased to announce the promotion of two senior executives to meet the demand for its open, modern defined benefit (DB) plan...
- News releases CAAT Pension Plan Launches First-of-its-Kind Recruitment Toolkit for Employers : The toolkit is designed to help employers win the Marathon for Talent in Canada
- News releases Providing lifetime retirement income plans can help employers in the Marathon for Talent : CAAT Pension Plan releases white paper on the business benefits of better pensions
- Thought leadership Better pensions needed to create a better Canada : Published in June 2023, the Canadian Public Pension Leadership Council (CPPLC) released its report The Pensions Canadians Want: Perceptions of Retirement (2016-2022), which found that Canadians’ confidence in retiring well has declined due to significant financial and retirement planning stressors.
- Thought leadership Stephen Poloz on why defined benefit pensions could see a renaissance : Stephen Poloz, former Bank of Canada governor and author of The Next Age of Uncertainty, wrote an Op-Ed in The Globe and Mail about the necessity of defined benefit pension plans and greater...
- Announcements CAAT statement RE Ontario Infrastructure Bank : We welcome the news that the Ontario government is creating the Ontario Infrastructure Bank (OIB).
- News releases CAAT Pension Plan's Award-Winning Contributors Podcast Tops 100,000 Downloads : Podcast series discusses transformational change and disruption with Canadian business leaders
- News releases CAAT Pension Plan and the Contributors Podcast Mark International Podcast Day and Celebrate the Power of Innovation : CAAT Pension Plan (“the Plan”), one of Canada’s fastest-growing and most sustainable defined benefit pension plans, is thrilled to announce a special celebration of International Podcast Day in conjunction with its own award-winning podcast series, Contributors.
- News releases Edgewood Health Network Canada Joins CAAT Pension Plan to Give Employees Retirement Security : Both union and non-union employees at EHN Canada join a valuable defined benefits pension plan
- Announcements UPDATE: Retroactive pay increases for Ontario College employees – impact on your pension : If you are an OPSEU member entitled to a retroactive pay increase from your employer because of the mediated settlement between OPSEU and the Ontario Colleges jump to the OPSEU members section and refer to the section that applies to you. If you are Administrative Staff receiving a retroactive pay increase jump to the Administrative Staff section.
- News releases Reducing Barriers to Lifetime Retirement Income : Planning and saving retirement is too hard for most Canadians.
- News releases CAAT Pension Plan achieves ISO/IEC 27001 Certification for Information Security Management Systems : The proactive move assures new and existing members that the Plan manages information and cyber risks effectively.
- News releases CAAT Pension Plan Appoints Karen Lockridge as Director, Responsible Investing : The newly created role shows the Plan's commitment to sustainability and ethical investments
- News releases CAAT Pension Plan Wins Three Hermes Creative Awards for Excellence in Podcast, Digital Year in Review : The CAAT Pension Plan ("the Plan"), one of Canada's fastest-growing and most sustainable defined benefit (DB) pension plans, recently earned three 2023 Hermes Creative Awards
- Thought leadership Canadian civil servants have a great pension system – why can’t that be expanded to us all? : Keith Ambachtsheer, a thought leader in the pension industry and president of KPA Advisory Services, recently penned an op-ed to the Globe & Mail on the retirement savings realities of Canadian workers in the public and private sectors.
- News releases CAAT Pension Plan launches grassroots movement, marks significant milestone and maintains strong funded status over 2022 : The CAAT Pension Plan ("the Plan"), one of Canada’s fastest-growing and most sustainable defined benefit (DB) pension plans, released its 2022 Annual Report and digital Year in Review
- News releases CAAT Pension Plan announces changes to DBprime and DBplus, entering 2023 healthy at 124% funded : CAAT Pension Plan (“the Plan”) announced positive future changes to both its modern defined benefit (DB) pension plan designs, DBprime and DBplus
- News releases Canadian CEOs from CIBC, CAAT Pension Plan and Green Shield Canada reveal key lessons following a pivotal year : Canada’s influential leaders are sharing their top lessons and insights after committing to meaningful change for Canada’s future.
- Thought leadership A recession won’t solve the labour shortage: The marathon for talent : Band-aid solutions to structural business challenges never stick, and a recession will only offer temporary reprieve from retention challenges.
- News releases The College of Family Physicians of Canada merges pension with the CAAT Pension Plan : Members of the College of Family Physicians of Canada (CFPC) pension plan have agreed to merge their pension with the College of Applied Arts and Technology (CAAT) Pension Plan under DBplus, following an overwhelming 96% vote in favour of the merger.
- News releases Toronto not-for-profit set to bring retirement security solutions to more Calgarians : CAAT Pension Plan joins Calgary Economic Development’s Team Calgary corporate partnership program to support talent attraction and retention
- News releases Northern Employers Help Staff Build a Better Retirement with DBplus : Employees of the City of Whitehorse represented by the Yukon Employees’ Union (YEU) Local Y046 and employees of Collège Nordique Francophone have joined the CAAT Pension Plan to provide lifetime retirement income through DBplus.
- Thought leadership Employee Retention: Facing the Front-Line Flexibility Dilemma : Industry coverage shows that manufacturers are thinking differently about their business and workforce development strategies.
- News releases Canadian Coalition for Good Governance joins DBplus to boost employee financial wellness : The Canadian Coalition for Good Governance (CCGG) has joined the CAAT Pension Plan under DBplus on behalf of its employees.
- News releases November is Financial Literacy Month : CAAT is here to help you understand your pension and the role it plays in your financial future. As a CAAT Plan Member, you’re already building secure income for retirement while you work.
- News releases Saskatchewan College of Pharmacy Professionals joins flexible and affordable DBplus : The Saskatchewan College of Pharmacy Professionals (SCPP), the self-governing body for the profession of pharmacy in the province, has joined the CAAT Pension Plan under DBplus on behalf of their employees.
- News releases How to simplify your in-house pension plan and reduce risk : In-house pension plans can be complex, costly, and carry many risks for employers.
- News releases How to become an employer of choice and win the race for talent : Job seekers expect a workplace pension.
- News releases OJTBF leads with financial wellness by choosing CAAT : The OPSEU Joint Trusteed Benefit Fund (‘OJTBF’), a not-for-profit insurance advisor that offers group benefits to non-profit organizations, has joined the CAAT Pension Plan.
- Thought leadership The Social Value of Pensions : All over the world, citizens, investors and politicians are calling on corporations to demonstrate that business is about more than just the bottom line.
- News releases CAAT announced as Waterstone Human Capital’s inaugural Strategic Alliance Partner : Waterstone Human Capital announced a new partnership between the CAAT Pension Plan and its Strategic Alliance Program which connects organizations in non-competitive industries with executives at fast-growing, mid-market companies within our network.
- News releases Accerta Services Inc. commits to employee wellness by joining DBplus : Accerta Services Inc. (‘Accerta Services’) has joined the CAAT Pension Plan under the DBplus plan design.
- News releases CAAT Pension Plan showcases growth and innovation in Digital Year in Review : The CAAT Pension Plan (‘the Plan") released its annual report, the CAAT Digital Year in Review, showcasing its 2021 growth and innovation achievements.
- News releases CIBC Mellon and CAAT Pension Agree to 10-Year Asset Servicing and Digital Services Mandate : CIBC Mellon earns long term trust from one of Canada's most sustainable and fastest-growing modern defined benefit plans.
- Announcements CAAT pleased to announce new leadership : The Colleges of Applied Arts and Technology (CAAT) Pension Plan is pleased to announce the following appointments.
- News releases DBplus brings big benefits to more employers : The CAAT Pension Plan welcomed six new employers from diverse industries in January 2022.
- News releases CAAT Pension Plan improves funded status to 124% with total assets of $18 billion : The Plan increased its average 10-year net return to 11% and outperformed its benchmark, based on preliminary results. Its team of pension administration and investment experts remain focused on maintaining long-term growth and upholding its status as one of Canada’s most sustainable and well-funded pension plans.
- Announcements CAAT statement on the crisis in Ukraine : CAAT Pension Plan is deeply concerned about the humanitarian crisis in Ukraine.
- News releases Community Living York South sees bright future with DBplus : Community Living York South (‘CLYS’), a non-profit organization serving the Southern York Region, has joined the CAAT Pension Plan under the DBplus plan design.
- Announcements 2021 Plan Text Amendments improve equity for Plan members : Near the end of 2021, the Plan’s Governors passed two amendments that change the definition of “Child” and “Disabled” in the CAAT Pension Plan Text.
- News releases Polish Credit Union chooses DBplus for employees : St. Stanislaus - St. Casimir's Polish Parishes Credit Union Ltd. (‘Polish Credit Union’) joined the CAAT Pension Plan (‘CAAT’) under the DBplus plan design on behalf of employees represented by Unifor Local 252. They are the first credit union to join CAAT.
- Thought leadership Closing the Growing Retirement Savings Gap in Canada : There is a growing retirement savings crisis in Canada and we have a once-in-a-generation opportunity to address it.
- Announcements New DBplus feature to be announced : CAAT’s DBplus Plan design is evolving to meet the workplace needs of more Canadians, further supporting CAAT’s membership growth, and strengthening benefit security for our members.
- News releases Torstar pension plan members first to join CAAT’s innovative DBplus design : The members of Torstar Corporation’s defined benefit (DB) pension plans have overwhelmingly approved the merger of Torstar’s DB plans with the CAAT Pension Plan.
- News releases Sandwich Generation : Celebrate Sandwich Generation Month with CAAT
- News releases Plan changes coming in 2025 will increase the value of pensions : The CAAT Plan’s Governors continue to place benefit security and value for contributions high on the list of priorities.
- News releases Strong and secure – with more for members and employers : At CAAT we’re focused on providing secure pensions to our members, paid for life. CAAT is also a “profit for members” organization.
- News releases Looking to attract talent? 79% of Canadians say they would change jobs for a better pension : Now more than ever, employees are demanding more focus on their financial wellness. And employers are listening.
- News releases How a modern business solution is helping employers improve their branding and recruitment strategies : Canadian job seekers are putting employers who provide retirement plans at the top of their job search – because 77% of Canadians believe employers are responsible for offering a pension plan in the workplace (HOOPP and Abacus Data, 2021 Canadian Retirement Survey, May 2021).
- Employer News Employer Education Session In-year reporting Retirement Termination and Pre-Retirement Death : Please register for our upcoming Employer Education Session - In-year reporting: termination, retirement, pre-retirement death.
- News releases CAAT Pension Plan Welcomes Over 340 New Employers to the Plan in 2024 : 2024 milestones highlight growing trust in modern workplace retirement solutions.
- Employer News February 2025 Roundup : Simplified annual statements are coming, giving active members the information they really want to know at a glance.
- Employer News December 9 2025 Employer Update : December 9, 2025
- Employer News February 25 2025 Employer Update : Date: Feb 25, 2025 Time: 1:00 PM - 2:00 PM EST
- Member newsEmployer NewsAnnouncements Plan Text Amendments Offer More Flexibility and Options in Survivor Benefits : At CAAT Pension Plan, we are focused on providing secure lifetime retirement income to our members. As a “profit for members” pension plan, when the Plan performs well, we can make improvements to meet the evolving needs of our members.
- News releases Independent Governance Review Underway : CAAT’s Board of Trustees established an independent governance review after becoming aware of concerns related to a vacation payment to the Plan's CEO.
- News releases CAAT Pension Plan CEO Placed on Leave, New Acting CEO and New Chair and Vice Chair Appointed : The Board of Trustees of the CAAT Pension Plan announced the appointment of a new acting Chief Executive Officer and Plan Manager, and that Derek Dobson has been placed on administrative leave.
- News releases CAAT Board of Trustees announces departure of CEO and new leadership team : CAAT announced the departure of CEO and Plan Manager Derek Dobson and unveiled a new senior leadership team to lead the organization.
- News releases 2026 Budget promotes stronger retirement security for more Ontarians : CAAT Pension Plan was very pleased to see that the Ontario Government’s 2026 Budget included several important initiatives aimed at improving retirement security and supporting Defined Benefit pension plans like CAAT to reduce administration and cost.
- News releases CAAT Pension Plan delivers strong 10-year returns, reinforcing long-term stability for members and participating employers : The CAAT Pension Plan announced strong investment results in its 2025 Annual Report, underscoring a decade of solid performance and funding health.
- News releases Formal search underway for next CAAT CEO : The Board of Trustees of CAAT Pension Plan has appointed Egon Zehnder to lead the search for CAAT’s next Chief Executive Officer.
- News releases Nine Key Findings Reveal Gaps Between Canadians’ Retirement Expectation and Reality : Most Canadians expect that they can fund retirement themselves. Retirees tell a different story.
- Announcements A letter to CAAT Pension Plan members and employers : We want to highlight several enhancements the Board has made to build on how the Plan is governed in its members’ best interests. These actions follow the conclusion of an independent governance review of the Plan.
- News releases More Canadians gain access to secure retirement income for life through CAAT Pension Plan in 2024 : Plan’s strong funding health provides benefit security for growing membership base and participating employers.
- News releases CAAT Pension Plan Announces Strong Funding Status, Valuation and Asset Under Management : The Plan saw significant growth in membership and participating employers across Canada in 2023
- News releases Ontario 2024 Fall Economic Statement : The CAAT Pension Plan is pleased to see the Government of Ontario’s intention in FES 2024 to bring forward a consultation on Variable Life Benefit (VLB) Standards.
- News releases CAAT Pension Plan Launches GROWTHplus Investment Account : New solution to strengthen long-term savings while boosting employers’ total rewards package.
- Announcements GROWTHplus Plan amendment : The CAAT Pension Plan Text was amended, effective August 1, 2024, to support the launch of GROWTHplus.
- News releases Ontario 2025 Fall Economic Statement (FES) improves retirement outcomes for workers: CAAT Pension Plan : CAAT Pension Plan is very pleased to see in the 2025 Fall Economic Statement, the Ontario government is taking action and moving forward with Variable Life Benefits (VLB) and greater pension portability in Ontario.
- News releases Retroactive payments and your Annual Statement : Your Annual Statement helps you build a more secure future by showing how your pension grows over time.