Your pension is worth so much more than just the contributions you make
Plan features
The CAAT Pension Plan makes it easy to save for retirement and build a stable, predictable retirement income. You build your pension while you work and contribute a percentage of your earnings into the Plan with each pay, and your employer contributes on your behalf. Contributions are used to fund your pension, but your pension is worth so much more than just the contributions you make.
You receive immediate tax savings when you contribute to the Plan
Your pension contributions are deducted from your gross income, which reduces your taxable income – the amount on which your taxes are deducted. By the end of the year, the income on which you pay taxes has been reduced by the amount of your pension contributions. This has the same effect as an RRSP contribution – but your employer reduces your tax right away, so that you don't have to wait until you file your tax return.
Your employer contributes on your behalf
The contributions you and your employer make are prudently invested in the Plan fund from which your pension is paid when you retire.
The contributions you and your employer make are allowed to accumulate in the pension fund tax-free
Once you retire and begin collecting your pension from the Plan, income tax will be applied to your payments. However, in most cases, it will be at a lower marginal tax rate than when you were employed.
Remain a contributing member even if you change employers
Once you join the Plan, you cannot opt out or stop contributions while employed with a participating employer.
Member blog
Discover tips to maximize the tax advantages your pension offers and what to be on the look out for.
DBprime contribution rates are 10.2% on earnings below the Year’s Maximum Pensionable Earnings (YMPE) and 13.8% on earnings above the YMPE, matched by your employer.
Your contributions are based on your contributory earnings, which include basic salary and other payments such as shift premiums and coordinator allowances, but do not include overtime pay, most lump sum termination payments, and certain other types of payments.
DBprime contribution rates decreased on January 1, 2025. Read more about these changes.
DBplus contribution rates were set by your employer when it joined the CAAT Pension Plan. Employers also contribute on your behalf. DBplus contributions are based on employment earnings as defined by your employer but in most cases is equal to your T4 earnings.
Please select your employer or group employer from the list below to see your contribution rates and your employer's contribution rates.
3Sab Networks Ltd.
Management
Non-management
Above the fold Media Inc.
Accerta Services Inc.
Accertaclaim Servicorp Inc.
New hires joining on or after the effective date of June 1, 2021 will be contributing at 5% right away.
Option 1
Option 2
AGS AUTOMOTIVE
Effective Date: January 1, 2024
Option 1 (default) January 1, 2024, and thereafter
3%
3.5%
1.0%
2.0%
Albion Neighborhood services
January 1, 2024 - March 31, 2024
April 1, 2024 and thereafter
Algoma Family Services
Effective Date: December 24, 2023
Archdiocese of Toronto
Association of Justice Counsel
ATURO POWER
Effective Date: December 18, 2023
BCH Actuarial Services Inc.
British Columbia Unclaimed Property Society
All employees, who are hired after the effective date will contribute at a rate of 6.0%.
All employees, who are employed at the effective date can choose between option 1 and option 2.
C.D.HOWE
Canadian Nuclear Laboratories
Canadian Pharmacists Association
Effective Date: January 22, 2023
Canadian Police Association
Capacity Canada
Catholic Charities of the Archdiocese of Toronto and Participating Member Agencies
Employees hired on or after January 1, 2020 will contribute to DBplus at the rate of contribution in effect at the time of hire.
Employees previously participating in the defined benefit (DB) plans will start contributing to DBplus at 5.0% with a 0.5% annual increase until January 1, 2024. Thereafter, contribution rates will be fixed at 7.0% of earnings. The employer contribution rate is 7.0% from the start and your pension benefit will be calculated (deemed) as if both employee and employer contributed 7.0% of earnings in each year as follows:
Employees previously participating in the defined contribution and Group RSP plans at a rate higher than indicated will start contributing to DBplus at their current rate until they meet the next threshold rate and ‘phase-in’ as follows (annually these pensions will be calculated based on the total contributions):
CBIA/Lawyers Financial Program
Log in to My Pension or contact your employer for more information.
Centennial College Student Association Inc
As of: January, 2024
Centres d'Accueil Heritage
City of Whitehorse
[Employee Class 2]
Your employer offers DBplus with Contribution Choice. Your contributions are deducted from your earnings, based on the rate you have elected. Your employer also contributes on your behalf at the corresponding rates shown in the table.
Clinch Midwifery Professional Corporation
Colleges and Institutes Canada
Community Living Oakville
Non Union and Union Employees
Community Living Thunder Bay
Community Living York South
Culliton Inc
Diversified Transportation Ltd
Edgewood Health Network
Effective Date: July 9, 2023
Elevate Export Finance Corp
First Nations Education Authority
Effective Date: July 1, 2023
Global First Power
Grace Fellowship Canada
Effective Date: March 1st, 2023
Guild House Technical Institute
Halifax Employer's Association
Effective Date: February 2, 2024
Harold & Grace Baker Centre
Huntington University
Jamieson Laboratories
Lab Health Physio
Lakehead University
Effective date: January 1, 2023
Laurentis Energy Partners
LiveWorkPlay.ca
Effective date: March 11th, 2023
Lutheran Church–Canada
Lutheran Community Care
Effective Date: January 7, 2024
MC LegalManagement Limited Partnership (MCLLP)
Metriks Education Inc.
Namerind Housing Corporation
Effective Date: July 31, 2023
National Association of Federal Retirees
New Digital Research Infrastructure Organization
Ontario Dental Association
PALIN FOUNDATION
Effective Date: September 4, 2023
pan-Canadian Pharmaceutical Alliance
The College of Family Physicians of Canada
For active members of the CFPC Pension Plan with a previous Defined Contribution (DC) Plan entitlement and active employees who were not participating in any employer sponsored pension arrangement:
Polish Credit Union
PowerON Energy Solutions
Quattro Electric Ltd
Roni Group of Companies
Operator
Sanofi Pasteur
Members with DBplus benefits only
Members with a previous Sanofi Pasteur Defined Benefit plan
Shareholder Association for Research and Education
SOPHI
St. John Ambulance Pension Plan
Superior Greenstone Association for Community Living
The Atkinson Charitable Foundation
Effective Date: May 6, 2023
May 6, 2023
January 1, 2024
January 1, 2025 and thereafter
5%
6%
7%
The Basilian Fathers of Toronto
The Canadian Press
The Conference Board of Canada
Employees
Executives
The George Hull Centre for Children and Families
The Globe and Mail
The Manitoba Teachers’ Society
Toronto Terminals Railway
Effective Date: January 13, 2024
Torstar Group of Companies
Members with a previous Torstar Defined Benefit plan
Town of Watson Lake
Effective Date: August 28, 2023
UNITE HERE Local 40
Effective Date: December 15, 2023
United Way Centraide North East Ontario
Non-Management
United Way of Greater Toronto
Employees hired on or after January 1, 2020 will contribute to DBplus at 6.0%, matched dollar for dollar by United Way of Greater Toronto (UWGT).
Employees hired prior to January 1, 2020 will start contributing in each year as follows:
University of Saskatchewan
For members of the University of Saskatchewan and Federated Colleges Non Academic Pension Plan:
University of Sudbury
University of Victoria Students Society
Vancouver Foundation
All employees, including OTRFT, who are hired after the effective date will contribute at a rate of 6.0%.
All employees, including OTRFT, who are employed at the effective date can choose between option 1 and option 2.
Employees hired on or after June 1, 2020 will contribute to DBplus at the rate of contribution in effect at the time of hire.
Winnipeg Free Press and Canstar Community News
Employee previously participating in the defined contribution (DC) Plan and employees hired on or after January 1, 2020 will contribute to DBplus at 5.0%, matched dollar for dollar by FP Canadian Newspapers Limited Partnership.
Employees previously participating in the defined benefit (DB) portion of the WFP/Canstar Pension Plan will contribute in each year as follows (annually these pensions will be calculated (deemed) as if both employer and employee each contributed 5.0% of earnings):
York University Faculty Association
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