Secure your union’s pension:
A secure retirement is possible for your members. CAAT can help you improve pensions in your workplace.
A better pension is possible
Pension discussions can now be a good thing for both workers and employers.
Bargaining teams are now securing their members’ future with a more secure and valuable pension option without having to make concessions. CAAT has helped many bargaining teams (1) upgrade their defined contribution (DC) or Group RRSP to a DB plan members want and need, (2) better secure their current defined benefit (DB) pension, or (3) establish their first pension plan. Joining CAAT’s DBplus allows all your members to enjoy the benefits of a DB plan.
110,000+
workers across Canada have joined CAAT Pension Plan, from more than 700 employers in manufacturing, mining, airports, media, and more.
124% funded
CAAT has $1.24 for every dollar promised in pensions. That means security for your members.
See what your members’ pension could be
Use CAAT’s easy-to-use pension calculator to quickly estimate your future pension.
Financial security in retirement is a top priority for the majority of workers, but too often takes a back seat to other more immediate needs. CAAT can offer a solution that meets the needs of your members and your employer.
Click here to see how quickly your members can see the value of a worry-free DB plan.
The power of workplace pensions
A win-win for employers and workers.
Offering a secure workplace pension and retirement income is also a competitive advantage for your employer. It provides immediate value to the business, and helps control their costs and risks. With a win-win for employers and workers, improving your pension does not mean making concessions elsewhere. In fact, some employers have put CAAT’s DBplus on the table. Here’s why:
No Liabilities, Minimized Risks
There are no financial risks when joining DBplus. Employers’ contributions are fixed and will not change, unless changes are agreed to as part of the collective bargaining process.
Better value
Pensions provide workers with a highly valued benefit and allow employers to support workers’ savings needs without additional costs.
Achieve ESG and Financial Wellness
Promote corporate social responsibility by helping workers save towards a paycheque for life, which improves our social security system, quality and satisfaction of life, and holistic wellness.
Worker Wellbeing
Demonstrate a long-term investment in workers, their skills, and their financial wellbeing.
Canada’s modern workplace pension plan
There’s a reason unions choose DBplus to secure members’ pensions.
CAAT Pension Plan is one of Canada’s most sustainable, fastest-growing, and highest-performing pension plans. And, we’re a not-for-profit, meaning that profits go into improving member benefits, and not to shareholders.
Our DBplus offering is a unique and innovative design that unites the best of defined benefit, defined contribution, and group RRSPs.
Why unions are choosing DBplus as the solution to their pension needs.
A secure pension for life
Inflation protection
A defined benefit plan that is not tied to the financial health of one company
Replace a defined contribution plan with a defined benefit plan
Bring all members under one pension plan
Simple steps to implement
A modern pension solution that helps everyone
The valuable lifetime income workers need and the cost certainty employers want.
Derek Dobson, CEO @ CAAT
Learn why workers and employers alike are saying yes to DBplus.
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Listen to Derek Dobson discuss retirement security in Canada on the Contributors podcast
DBplus is helping workers across Canada get access to a secure, lifetime pension.
DBplus is now available to workplaces across Canada, offering unions an opportunity to tap into a CAAT’s jointly sponsored pension plan, while offering unique and desirable features.
A modern workplace retirement solution that delivers more value
Here’s how the power of DBplus measures up.
The expected pension per dollar contributed is meaningfully higher with a DB plan, like CAAT’s DBplus.1
What each $1 of contribution provides on average in retirement:
As a world-class pension plan, our expert team focuses on strength and sustainability over the long term.
