Stellantis

Effective date and eligibility

Who will join DBplus?

All Stellantis bargaining unit employees who were hired on or after September 19, 2016, and who are participating in the Defined Contribution (DC) provisions of one of the Stellantis pension plans immediately prior to January 1, 2025. (Excludes ATS members with corporate service date prior to January 22, 2024 and Yard Haulers 9715/8854).

When do you start earning a pension in DBplus?

On January 1, 2025, eligible Stellantis employees will be enrolled in the CAAT Plan and will begin making contributions to DBplus on the first Stellantis pay periods of 2025.

When can part-time employees join?

Temporary part-time employees (TPTs), who have already met the eligibility to participate in the DC provisions of one of the Stellantis pension plans, will be enrolled in the CAAT Plan on January 1, 2025 and will begin making contributions to DBplus on the first Stellantis pay periods of 2025. Those TPT employees who were hired before January 1, 2025, and who were not yet eligible to participate in a Stellantis DC plan immediately prior to January 1, 2025, will start participating in DBplus on the first pay period of the calendar year after meeting one of the following eligibility criteria:

• The employee has worked at least 700 hours with Stellantis in each of the two consecutive calendar years immediately before joining DBplus.
• OR
• The employee received earnings from Stellantis of at least 35% of the Year’s Maximum Pensionable Earnings (as defined in the Canada Pension Plan) in each of the two consecutive calendar years immediately before joining DBplus.