Retired member statement

Helpful resources

 

ANNUAL STATEMENT

Helpful resources

Your retired member annual statement is an important personalized pension resource. Your statement is sent each year via My Pension, CAAT's member portal or by mail to your home address. When you receive your annual statement this spring, please review it to verify your pension amount, see the amount of any inflation protection applied to your pension, and see the beneficiary information we have on file.

Updates to CAAT’s pension confirmation

The pension confirmation process helps you keep your pension safe and secure. CAAT has improved the pension confirmation process so it is separate from your annual statement.

Starting this year, only a select group will be asked to confirm their pensions. If selected, you will be notified directly (by mail or My Pension, depending on your communications preference) with instructions to confirm your pension. You don’t have to do anything to confirm your pension unless you hear from us.

Your annual statement is an important pension resource so be sure to file it in a safe place.

My Pension Access for Merger Employers

In early 2021, CAAT launched My Pension, an online portal that gives some members access to their pension information.

My Pension accesses member data stored in CAAT’s secure pension database. If your employer joined CAAT through a merger, your pension is being managed by a trusted administration partner that keeps your personal information secure. At this time, My Pension is not set up to access data stored with our administration partners.

Not sure if your employer joined through a merger?

Check the About your merged plan section for a list of employers that joined CAAT through a merger. If your employer is listed, you do not have access to your personal pension information in CAAT’s online portal.

While this feature is not currently available for merger employers, you have access to all the other resources and support CAAT offers. You can find a wide variety of pension information on our website.

Frequently asked questions

Read the Q & A to learn more about your retired member annual statement and pension confirmation.

No, a Power of Attorney cannot use My Pension to complete the pension confirmation at this time.

The confirmation must be completed by the member unless there is a valid and operative Power of Attorney for property. To confirm the member’s pension, you will need to have their Member ID on hand, which can be found on their Annual Statement.

  • As the holder of a valid and operative Power of Attorney for Property, you are required to complete, sign, and date section B of the form for the retired member or surviving spouse you represent.
  • If you haven’t already done so, include a copy of the valid and operative Power of Attorney for Property with the form, along with a copy of your proof of identity.
  • Return the form by mailing it to the Plan.

If the member has a valid and operative Power of Attorney for Property, the pension confirmation can also be completed by phone or email.

Note: If entering into a Power of Attorney, consider consulting with a lawyer to ensure that your document is valid, and follows the laws of your province or territory.

Power of Attorney is a legal document that gives the holder (referred to as the Attorney) the authority to act on your behalf in matters relating to your property or personal care. Read this section of our website to learn more about Power of Attorney and the pension confirmation process.

When you complete your pension confirmation, you’re helping keep your pension safe and secure. This annual process ensures that we’re paying the right pension to the right person. It’s important, and it’s also easy.

Returning your completed form to the CAAT Plan or sending a secure message in My Pension allows you to confirm some of the basic information we have on file. It helps us ensure our records are up to date. Your prompt response will also ensure your pension payments continue without interruption. If we do not have your confirmation, we may need to suspend your pension payments until we receive confirmation. This is part of our responsibility to pay pensions to only those entitled to receive them.

What is Power of Attorney?

Power of Attorney is a legal document that gives the holder (referred to as the Attorney) the authority to act on your behalf in matters relating to your property or personal care.

You can name anyone as your Attorney, and you can have separate Powers of Attorney for property and for personal care.

For the CAAT Pension Plan, only the Power of Attorney for Property is relevant. The Plan does not need information about the Power of Attorney for Personal Care.

Please read the Q & A below to learn more, and if your question isn’t answered, be sure to contact us. Note that this information does not constitute legal advice, but is meant to explain the CAAT Pension Plan’s requirements as they relate to the specific section of the Pension Confirmation form.

More about Power of Attorney

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