CAAT DBplus – Benefits Canada.com

Top 5 HR, benefits and pension stories of the week

Jennifer Paterson — Fri, 01 Oct 2021 13:00:58 +0000

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 […]

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University of Victoria Students’ Society joining CAAT’s DBplus pension

Jennifer Paterson — Mon, 27 Sep 2021 19:00:38 +0000

The University of Victoria Students’ Society is the first Vancouver Island employer to join the Colleges of Applied Arts and Technology pension plan’s DBplus. By joining the plan, permanent employees at the UVSS represented by the United Steelworkers will have access to a pension with early retirement options, survivor benefits and inflation protection, noted a […]

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CAAT leverages risk management to outperform in 2020

bwolfe — Fri, 13 Aug 2021 12:53:28 +0000

At the end of 2020, a year of exceptionally volatile and unpredictable markets due to the coronavirus pandemic, the Colleges of Applied Arts and Technology pension plan was 119 per cent funded with $3.3 billion in funding reserves and its assets had grown to $15.8 billion from $13.5 billion on Jan. 1, 2020. “In the heart […]

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George Hull Centre joining CAAT’s DBplus pension

bwolfe — Thu, 05 Aug 2021 19:00:59 +0000

The George Hull Centre for Children & Families is joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The Toronto-based non-profit organization previously sponsored a closed defined benefit pension plan and, for employees hired after 2010, a group registered retirement savings plan. Read: CAAT DBplus pension welcoming more members of Canadian legal community […]

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Colleges and Institutes Canada joining CAAT’s DBplus pension

Jennifer Paterson — Tue, 06 Jul 2021 13:00:44 +0000

Colleges and Institutes Canada is the latest employer to join the Colleges of Applied Arts and Technology’s DBplus pension plan. The organization, which is the voice of Canada’s colleges, Collèges d’enseignement général et professionnel, polytechnics and institutes, works with employers, governments and stakeholders, as well as helping partners around the world transform their education systems. CICan’s […]

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Three employers joining CAAT’s DBplus pension

lbailey — Thu, 24 Jun 2021 13:00:17 +0000

The New Digital Research Infrastructure Organization, the Ontario Dental Association and its subsidiary Accerta are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. The not-for-profit organization, dental association and health-care program administrator all recently transferred to the pension plan from group registered retirement savings plans. “The talent that we’re trying to attract typically […]

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Conference Board of Canada joining CAAT’s DBplus pension

lbailey — Thu, 29 Apr 2021 19:00:19 +0000

The Conference Board of Canada’s 150 group plan members are joining the College of Applied Arts and Technology’s defined benefit pension plan. Effective June 1, The Conference Board will be the latest non-profit organization to join the CAAT’s DBplus plan. Other non-profits that joined the plan recently include: St. John Ambulance, the Northwest Community Legal Clinic, […]

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CAAT posts 11.1% return for 2020

bwolfe — Mon, 26 Apr 2021 19:00:59 +0000

The Colleges of Applied Arts and Technology Pension Plan is reporting an 11.1 per cent return for 2020, exceeding its policy benchmark by 0.4 per cent. The return brings the annualized 10-year net return to 9.9 per cent, providing $1.7 billion in cumulative added value compared to the benchmark, while funding reserves increased to $3.3 […]

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St. John Ambulance joining CAAT’s DBplus pension

bwolfe — Thu, 18 Mar 2021 11:00:29 +0000

Approximately 500 members of the St. John Ambulance pension plan are joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement. The not-for-profit organization’s pension plan is comprised of an ongoing defined contribution plan and a defined benefit plan that was closed at the end of 2014, according to a press release. The […]

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CAAT appointing Asif Haque chief investment officer

lbailey — Thu, 11 Mar 2021 05:00:01 +0000

The Colleges of Applied Arts and Technology Pension Plan is appointing Asif Haque as chief investment officer, effective May 1. Haque has worked at the CAAT for over 10 years as managing director of public markets, where his team was responsible for the plan’s $11 billion public markets portfolio. Prior to joining the organization, he held […]

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