September 5

The retroactive pay increases recently announced for members of CAAT-A and Full-time CAAT-S are pensionable, which means contributions will be deducted from your payment and your pension will grow as a result.

If you receive a retroactive pay increase, you (and your employer or former employer) will make pension contributions if:

• you are working, or
• CAAT - A - you terminated or retired on or after October 1, 2021.
• CAAT - S (full-time) - you terminated or retired on or after September 1, 2022.

If you receive a retroactive pay increase, you will not make pension contributions if:

• you were entitled to a benefit from the CAAT Pension Plan but have taken a lump sum payout (a commuted value or small pension).
• You are age 71 or over, even if you are still working.

What’s next?

• CAAT Pension Plan is working with the employers to confirm the timing.
• We will continue to update this page with more information.

What action should you take?

You don’t have to do anything, but we recommend you activate your account on My Pension – CAAT’s member portal. Specific information about your pension increase will be available on it first.