Retired and former members

Merger process

If you are a retired member (or surviving spouse or beneficiary) receiving a monthly pension from the Pension Plan for The George Hull Centre for Children and Families (GHC DB Pension Plan), or a former member with a DB entitlement under the GHC DB Pension Plan, you will have received a Notice of Proposed Merger package prepared by The George Hull Centre with the assistance of the CAAT Pension Plan. This package contains personalized documentation that shows you the effect of the proposed merger on your pension. The following provides an overview of the Notice of Proposed Merger package you received. We encourage you to read it thoroughly for information specific to your personal situation.

Merger voting process

The merger of the GHC DB Pension Plan and the CAAT Pension Plan is subject to the Pension Benefits Act (Ontario) and regulations. This legislation requires at least two-thirds of active members with a defined benefit (DB) entitlement under the GHC DB Pension Plan to vote in favour of the merger, and no more than one-third of inactive members with a DB entitlement can object to the merger.

Attend an information session

The CAAT Pension Plan will be holding member information sessions where you can ask questions.

If you agree to the merger, no action is required by you.
If you object to the merger, your objection must be received by June 14, 2021.

Your pension

Retired members: You are currently in receipt of a pension or a survivor or beneficiary benefit from the GHC DB Pension Plan.

Former members: You terminated employment with The George Hull Centre (or are a surviving spouse or beneficiary of a former employee) and the DB pension you earned remains in the GHC DB Pension Plan.

If you are unsure which option applies to you, refer to the Notice of Proposed Merger package you received in the mail.

For retired members and recipients of a survivor pension

Merger with the CAAT Pension Plan

If the merger is completed, your pension under the GHC DB Pension Plan and any applicable survivor benefits will be replicated and paid to you from the CAAT Pension Plan.

Your Notice of Proposed Merger

Your Notice of Proposed Merger shows your current pension, and details of the benefit you chose at retirement (including survivor benefits or guarantee period, if applicable), which would be replicated under the CAAT Pension Plan if the merger is approved by the DB membership of the GHC DB Pension Plan and the required regulatory consent is received.

For former members with a deferred pension

Merger with the CAAT Pension Plan

If the proposed merger is approved by the defined benefit members of the GHC DB Pension Plan and the required regulatory approval is received, your pension under the GHC DB Pension Plan will be replicated and paid to you by the CAAT Pension Plan when you retire. If you retire between ages 55 and 65, your pension is reduced using the GHC DB Pension Plan provisions. If the merger is approved, you will be able to retire as early as age 50 with an early retirement reduction that is actuarially equivalent from ages 50-55.

Your Notice of Proposed Merger

Your Notice of Proposed Merger shows the pension you have earned, payable at your normal retirement date, which would be replicated under the CAAT Pension Plan if the merger is approved by the DB membership of the GHC DB Pension Plan and the required regulatory approval is received.

If you have questions about retirement prior to the merger or wish to change your personal or beneficiary information, please contact:

Kio Gharabaghi

Phone: 416-622-8833 x 295

Email: KGharabaghi@georgehull.on.ca