View DBplus employer success stories
Merger helps national employer cost-effectively secure and simplify pensions
Postmedia Network’s workforce was covered by a mix of defined benefit
(DB), defined contribution (DC) and Group RRSP programs, and the
organization was searching for ways to cost-effectively secure past DB
benefits, create efficiencies and have all employees participate in a
common and valuable pension program, while reducing risks and managing
A successful and complex multi-plan merger with a public company
Torstar Corporation was searching for ways
to manage pension balance sheet volatility, while
still providing secure and valuable defined pension benefits. – The
company wanted to replicate all past Torstar DB benefits, plus provide
conditional inflation protection increases in retirement.
B.C.-based non-profit replaces RRSP savings program with a secure defined benefit plan
As an advocate for defined benefit pension plans, SHARE wanted to provide the same options to their employees – and DBplus allowed a highly valuable DB plan at the same employer cost of its prior program.
St. John Ambulance brings DB pensions back to work
St. John Ambulance sponsored its own pension plan, which comprised of a closed defined benefit (DB) component and an ongoing defined contribution (DC) component. Looking for more benefit certainty for its employees and cost certainty for itself, St. John Ambulance sought a solution that would allow the nonprofit organization to move management of its pensions to experts so it could focus on providing its core services.
A global biopharmaceutical company division secures win-win pension solution
Instead of introducing a defined contribution (DC) plan, CAAT’s DBplus allowed Sanofi Pasteur to continue offering a desirable defined benefit (DB) pension plan and exit the pension management business, including transferring its pension liabilities to CAAT.
Large employee benefits provider makes smooth transition to a DB pension plan
Ontario Teachers Insurance Plan (OTIP) and OTIP Group of Companies understand the value of employee benefits and good pensions. The not-for-profit sought to upgrade its defined contribution (DC) plan to a DB pension plan – a secure, lifetime income plan for their 700 employees.
Union negotiates DBplus to replace DC plan
As the union sought to upgrade their employer-provided defined contribution (DC) plan to a defined benefit (DB) pension plan, the employer would only consider an option that would have a fixed cost, free them of any future liability, and would alleviate the burden of administering pension benefits.
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