The Canadian Coalition for Good Governance is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. “Our participation in a [defined benefit] plan speaks to our beliefs and values as an organization and demonstrates our commitment to our employees,” said Catherine McCall, executive director of the CCGG, in a press release. “We […]
The Saskatchewan College of Pharmacy Professionals is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. “I did a lot of research with respect to plan options for our staff and felt that [the] CAAT had the best offering as it was flexible, affordable and offered a great opportunity to support them […]
The OPSEU Joint Trusteed Benefit Fund, a not-for-profit insurance advisor that offers benefits to non-profit organizations, is joining the Colleges of Applied Arts and Technology pension plan. “OJTBF chose the CAAT pension plan to ensure that our valued employees can build a solid and sustainable retirement foundation while never losing sight of why we exist, […]
An article on Stelco Inc.’s $1.3 billion annuity buy-in for one of its defined benefit pension plans was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. Stelco entering $1.3BN annuity buy-in for DB pension 2. KPMG allowing employees to work remotely from another province, country […]
The union representing Pacific Western Transit Canada workers in Pemberton, Squamish and Whistler, B.C., has ratified a five-year collective agreement that will see members move to the Colleges of Applied Arts and Technology pension plan’s DBplus. Members will contribute three per cent to the plan with an equivalent employer match, says Gavin Davies, a national […]
Community Living York South is joining the Colleges of Applied Arts and Technology pension plan’s DBplus. “After much research and consultation, we felt it was the right move for our organization at this time,” said Steven Klein, acting executive director of the non-profit organization serving the southern part of York Region, in a press release. […]
The Colleges of Applied Arts and Technology Pension Plan is expanding the definition of who can qualify to receive benefits as disabled or as a dependant child under its plan. Effective Dec. 1, 2021, the CAAT’s DBprime plan design was amended to remove the requirement that a member must be receiving benefits from an employer’s long-term […]
St. Stanislaus – St. Casimir’s Polish Parishes Credit Union Ltd. is the latest employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. “Joining DBplus reduced the financial risks, operational costs and administrative challenges of managing a pension plan,” said Tomasz Falfus, human resources manager for the credit union, in a press […]
The National Association of Federal Retirees and the United Way Centraide North East Ontario/Nord-est de l’Ontario are the latest employers to join the Colleges of Applied Arts and Technology pension plan’s DBplus. The National Association of Federal Retirees, which represents nearly 18,000 members from a variety of pension plans, joined DBplus as of Oct. 22. “It […]
Canada’s first National Day for Truth and Reconciliation was front of mind this week, with Benefits Canada‘s look at how employers can mark the inaugural day the most-read story. Here are the five most popular news stories of the week: How employers can mark first-ever National Day for Truth and Reconciliation New paper calls for linking […]