Toronto, March 28, 2022 – The CAAT Pension Plan welcomed five new employers from diverse industries in January 2022. These organizations chose DBplus to offer their employees secure and sustainable retirement benefits. DBplus continues to bring strong value to organizations of all sizes.
“I’m pleased that we started the year by welcoming several new employers to the CAAT Pension Plan,” said Derek Dobson, CEO, CAAT Pension Plan. “These organizations prove that DBplus is an attractive plan design that can help employers of any size give their staff a valuable lifetime pension.”
Hear directly from our employers about why DBplus was the right choice for them:
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Why CAAT and DBplus
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About the organization
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3Sab Networks
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“We at 3sab are dedicated to our team members and effort they provide to the company. In order recognize their contribution and secure their future, we decided to join CAAT.”
Sameer Bhandari, Director, 3Sab Networks
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3Sab Networks was formed in 2018 to fill a gap in the wireless networking and security industry. They are Network Infrastructure experts that provide insight, guidance and direction to organizations, business owners and executive teams to align IT strategies with Business Strategies and Goals. Their core services include Network Infrastructure Design, Planning and Implementation, Structural Cabling, Wireless Site Survey, and Managed Services.
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Above the Fold Media
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"Above the Fold Media is very excited to join the CAAT Pension Plan. The plan’s financial performance and the fact that it is small-business friendly were important factors in our decision. We see this as an investment in our employees and in the future of the company.”
David Sahly, Founder and President, Above the Fold Media
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Founded in 2014, Above the Fold Media is digital marketing agency that helps small and medium business industry leaders grow through branding, lead generation and client acquisition. The company was started with the passion to cultivate cutting edge tactics and strategies in an industry that is constantly changing and evolving. It specializes in a full suite of professional SEO services, Google Adwords management, Inbound Marketing and Advanced Analytics and Reporting.
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Canadian Police Association (CPA)
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“As an organization that represents unionized workers, we recognize the value of offering our employees a competitive benefits package that acknowledges their contributions to the success of our association. Joining CAAT is an important step for us to help our employees plan for their retirement, while incentivizing staff retention to help secure the long-term future of the Canadian Police Association.”
Tom Stamatakis, President, Canadian Police Association
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The Canadian Police Association (CPA) is the national voice for 60,000 police personnel across Canada. Membership includes police personnel serving in 160 police services across Canada, from Canada's smallest towns and villages as well as those working in our largest municipal and provincial police services, and members of the railway police, and First Nations’ police personnel.
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Lab Health Physio
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“At Lab Health Physio, we are committed to leading our industry in creating a work environment of true care for our patients and for those we work alongside every day. We wanted to bring the benefits of a big corporation or a public sector job to our small but mighty multidisciplinary health clinics here in British Columbia. We love to be cutting edge and the DBplus plan is helping us achieve this now and in our retirement.”
Beth Bates and Mark Dale, Co-Founders of Lab Health Physio
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Lab Health Physio is constantly trying to innovate in the provision of healthcare services, like Physiotherapy, Kinesiology and more. They strive for this in everything they do, from how they treat patients, to how they run their business. They aim to create a community of clinicians and administration staff that love to come to work, feel cared for and valued for who they are as humans, and who have security in their future while feeling they have found their balance in life.
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Université de Sudbury
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“The University of Sudbury is proud to offer its employees one of the most robust, secure, and sustainable pension plans in the country. Fully funded, this defined benefit plan gives the University and its employees the peace of mind they deserve with respect to their future. This enables us to put all of our efforts into writing the next chapter in our institution’s history.”
Dr. Serge Miville, President and Vice-Chancellor, Université de Sudbury
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The University of Sudbury is the oldest French-language postsecondary institution in the province of Ontario. In 1975, the very first Franco-Ontarian flag raising took place at the University of Sudbury. The institution is resolved to pursue its renewed mandate as a French-language University institution governed “by, for and with” the Francophone community.
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These organizations join other notable CAAT participating employers like Brink’s Canada, Sanofi Pasteur, The Conference Board of Canada, Torstar, University of Saskatchewan, Vancouver Foundation, and the Ontario Dental Association.
As of January 1, 2022, the CAAT Plan had $18 billion in assets and $4.4B in reserves and an annualized 10-year net rate of return of 11%.
About CAAT Pension Plan:
Established in 1967, the CAAT Pension Plan is an independent, jointly governed plan that offers two designs of a defined benefit pension. CAAT's award-winning DBplus plan design is leading an extraordinary pace of growth for the Plan. Originally created to support the Ontario college system, the CAAT Plan now proudly serves more than 200 participating employers in 11 industries including the for-profit, nonprofit, and broader public sectors. It currently has more than 75,000 active and retired members. The CAAT Plan is respected for its pension and investment management expertise and focus on stability and benefit security. At January 1, 2022, the Plan was 124% funded on a going-concern basis.
Learn more at: www.caatpension.ca.
For more information:
Media Relations
CAAT Pension Plan
media@caatpension.ca