If you choose to make the purchase
As a member of the CAAT Pension Plan, you have the option to transfer some or all of your benefit with Sunlife into DBplus. This is called a “pension purchase”, and it will let you get a bigger pension from one of Canada’s most sustainable and fastest-growing pension plans.
The amount of pension you purchase using your funds from your benefit with Sunlife will become part of your total DBplus pension. While you’re working, your total pension will grow with conditional Average Industrial Wage (AIW) increases, and when you retire, it will continue to grow with conditional inflation protection. Your total pension – the portion you’re earning and the portion you purchase – will be paid to you when you retire for as long as you live.