CAAT is well-funded
The CAAT Pension Plan is 124% funded as at January 1, 2024. That means $1.24 is set aside for the value of every dollar of pension benefit promised to members today and in the future. Conditional benefits like inflation protection and AIW increases have been granted through to 2027, based on CAAT’s Funding Policy.
Learn more about CAAT’s Funding Policy.
Joint governance: adding value
Members and employers have an equal say in and share the risks of Plan decisions through their representatives on the Plan’s governing bodies: the Sponsors’ Committee and the Board of Trustees. This joint governance structure is recognized as a model for success in keeping defined benefit pension plans sustainable.