November 30, 2020

Transfer of pension assets from Community Living Toronto has been completed

The transfer of $115 million in defined benefit pension assets to the CAAT Pension Plan from the Pension Plan for Employees of Community Living Toronto (Registration Number: 0279513) and the Pension Plan for Executive Employees of Community Living Toronto (Registration Number: 0691873) was completed on November 3, 2020.

With the transfer of assets, the CAAT Pension Plan assumes responsibility for all defined benefit pension payments to members  of the Community Living Toronto pension plans.

Following a thorough review, the Financial Services Regulatory Authority of Ontario (FSRA), provided consent to the transfer on October 8, 2020.