Joint governance

Recognized model for keeping your plan sustainable

Equal representation

Through their representatives on the Plan’s governing bodies – the Sponsors’ Committee and the Board of Trustees – members and employers have an equal say in and share the risks of Plan decisions. This joint governance structure is recognized as a model for success in keeping defined benefit pension plans sustainable.

The governors are appointed by the Plan sponsors: the College Employer Council on behalf of the college boards of governors, the Ontario College Administrative Staff Association (OCASA), and the Ontario Public Service Employees Union (OPSEU).


Joint governance adds value

As a member of the CAAT Pension Plan, you can be certain that your interests are well-represented, because both members and employers share equally in making the decisions that affect your benefit security.

The Sponsors' Committee

The Sponsors’ Committee is an eight-member group, which approves Plan amendments and files actuarial valuations. Members of the Sponsors’ Committee primarily represent the interests of the groups that appoint them. The Committee’s focus is determining how to best balance contribution rates and benefit design.

Veneise Samuels, Co-Chair

Veneise Samuels is an Employee representative (OPSEU-appointed). She is a Student Support Representative at George Brown College. Ms. Samuels also serves as Vice President on the executive of OPSEU...

Brian Tamblyn, Co-Chair

Brian Tamblyn is an Employer representative (CEC-appointed). Mr. Tamblyn is a private practice management consultant. He retired from a 30-year career at Georgian College in 2012, where he was...

Riley Burton

Riley Burton is an Employee representative (OCASA-appointed). He is Chair, School of Business, Hospitality and Media Arts at Confederation College. Mr. Burton was a member of the OCASA Board of...

Ross Gascho

Ross Gascho is an Employer representative (CEC-appointed). He is a Partner at Fasken Martineau, practising in pensions and employee benefits. Mr. Gascho is a member of numerous legal and pension...

Cheri Hearty

Cheri Hearty is an Employee representative (OPSEU-appointed) with 20 years of experience in the pension and benefits industry. As a Benefits Officer for OPSEU, she assists members with questions about...

Dr. Steve Hudson

Steve Hudson is an Employer representative (CEC-appointed). Dr. Hudson is Senior Vice-President, Academic and Learner Services at Niagara College. He previously held positions such as Vice-President...

Shawn Pentecost

Shawn Pentecost is an Employee representative (OPSEU-appointed). Mr. Pentecost is a social science and communications professor at Algonquin College’s Pembroke Campus. He is an executive of OPSEU...

Anne Sado

Anne Sado is an Employer representative (CEC-appointed). She is President of George Brown College. Ms. Sado also sits on several boards including Polytechnics Canada, Legacy Private Trust and Mount...


The Board of Trustees

The Board of Trustees is a 12-member board. As fiduciaries, Trustees are legally bound to act in the interests of all Plan members. The Board of Trustees sets the investment strategy and funding risk that are appropriate for the Plan’s long-term obligations and establishes policies for administering benefits.

Dr. Scott Blakey, Chair

Scott Blakey is an Employer-appointed Trustee. He serves on the Audit and Governance committees. Dr. Blakey is the Chief Administrative Officer of Durham College. He has extensive pension experience...

Don Smith, Vice-Chair

Don Smith is an Employee-appointed Trustee. He sits on the Finance and Administration Committee, Audit, and Governance Committee. Mr. Smith is a faculty member of the School of Business at Georgian...

Virginia Di Monte

Virginia Di Monte is an Employee-appointed Trustee. She is Co-Chair of the Finance and Administration Committee. Ms. Di Monte is a Payroll Administrator at Seneca College. She also serves as Treasurer...

Rasho Donchev

Rasho Donchev is an Employee-appointed Trustee. Mr. Donchev is Co-Chair of the Governance and Audit committees. He also sits on the Investment Committee. Mr. Donchev is a Scheduling Officer at...

Henry (Harry) Gibbs

Harry Gibbs is an Employer-appointed Trustee. He serves as Co-Chair of the Investment Committee. An advisor to several Canadian pension investment committees, he has held numerous senior leadership...

David Haley

David Haley is an Employee-appointed Trustee. He serves as Co-Chair of the Investment Committee. Mr. Haley is a professor in the School of Advanced Technology at Algonquin College where he teaches...

Karen McRae

Karen McRae is an Employer-appointed Trustee. She sits on the Investment Committee and the Finance and Administration Committee. Ms. McRae has experience in the finance, pension, and mutual fund...

Alnasir Samji

Alnasir Samji is an Employer-appointed Trustee. He is Co-Chair of the Audit Committee and serves on the Finance and Administration Committee. He is Managing Principal at Alderidge Consulting Inc. and...

Michael Seeger

Mike Seeger is an Employee-appointed Trustee. He sits on the Finance and Administration Committee. Mr. Seeger is a retired professional accountant. Before retiring, Mr. Seeger was the Director of...

Beverley Townsend

Beverley Townsend is an Employer-appointed Trustee. She is Co-Chair of the Finance and Administration Committee and a past Chair of the Board of Trustees. Ms. Townsend is a health care consultant with...

Gretchen Van Riesen

Gretchen Van Riesen is an Employer-appointed Trustee. She is Co-Chair of the Governance Committee and serves on the Investment Committee. Ms. Van Riesen is a consultant in the pensions and benefits...

Kim Watkins

Kim Watkins is an Employee-appointed Trustee. She serves on the Investment Committee. She is the Chief Financial Officer of Mohawk College and serves as Treasurer for the Mohawk College Foundation...


Subcommittees of the Board

Equal representation and voting extend to these subcommittees of the Board of Trustees that make recommendations to the Board :

  • Appeals Subcommittee – hears member appeals of the interpretation of Plan rules.
  • Audit Committee – reviews the effectiveness of the organization in controlling and managing operational risk. It ensures the reliability of financial reporting and reviews the annual financial statements.
  • Finance and Administration Committee – is concerned with Plan design, funding and administration, legislation, litigation, and the appointment and evaluation of actuarial and legal advisors.
  • Governance Committee - assists the Board of Trustees in ensuring effective Board functioning and decision making as well as overseeing management of the CEO & Plan Manager.
  • Investment Committee – develops and recommends the Statement of Investment Policies and Procedures and related policies such as those concerning responsible investing and investments in derivatives