In this edition
New Contributors Episode – Listen Now!
A discussion with Paula Allen, Global Leader and SVP of Research and Total Wellbeing, LifeWorks, around wellbeing opportunities for employers coming out of the pandemic.
Listen to the podcast episode
Updates and reminders
Do you have members turning 71 in 2021? Send pension applications this week!
If you have members who are age 71 this year and you have not provided pension applications yet, please ensure that you do so no later than October 29
By law, if a member is still working, they must stop contributing to their pension plan and begin receiving a pension by the end of the year they reach age 71. The deadline to start their pension is December 1.
Even if a member’s contributions to the CAAT Pension Plan must stop as of November 30, 2021, their employment is not impacted, and they may continue to work.
Check your inbox for the quarterly reports
You should have received the quarterly reports for Q3 of 2021 electronically by October 22. These reports are for your reference and provide you with a list of members who:
- Are on an extension of membership (EOM)
- Have a deferred pension in the plan
- Are working part time
Please refer to this list to confirm if an employee is still on EOM or if they have a deferred pension with the Plan. These reports are provided to employers who currently have members on EOM, are deferred or have part-time employees who have the option to join the Plan. These reports will not be provided to employers who are administered with one of our administration partners.
If you have any questions, contact your Employer PA.
In-year reporting deadline – December 3
Read this if: you are an employer in the Ontario college sector
The deadline to provide in-year reporting changes is Friday, December 3. All information received by this date will be provided to you in the Data Collection Tool for the annual data update process.
Get the most from PAL
Read this if: you have access to PAL
Pension Administration Link (PAL) simplifies the way you work with CAAT and helps improve productivity.
Learn about PAL’s benefits
Portal updates
PAL update: intent to enrol is live
Read this if: you have access to PAL
The new intent-to-enrol feature is now live on PAL. Please use the link provided to have your members enrol in the Plan. You can use this online form to enrol full-time and part-time members and avoid the use of the paper enrolment form.
We want your feedback!
Thank you for sharing feedback with us. Please continue to share your thoughts on the new intent-to-enrol process with your Employer PA.
Access the new intent-to-enrol form
The Fall member webinar series in underway!
We have seen great attendance at our webinars this Fall. Members continue to show us that they are interested in learning about the value of their pension and understanding that their future is secure thanks to CAAT.
To book one or more member education sessions just for your employees in 2021, contact us at presentations@caatpension.ca today.
The 2021 Fall Webinar Series
You can also encourage your employees to register for a CAAT webinar by visiting the Attend a member presentation page on our website.
Book a member session now
Upcoming events
Block your calendar for the upcoming events:
You will receive an invitation for any webinars approximately two weeks in advance.
Please note that our office will be closed on November 11 for a staff training event.