CAAT Pension Plan leads with Purpose,delivers on Performance,serves with Pride.

And here is what that looked like in 2024…

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Purpose

Delivering secure lifetime pensions to our members.

Our purpose is to improve retirement income security for Canadians. We are on a mission to provide secure and sustainable workplace retirement solutions.

In 2024, we surpassed 100,000 members who have the peace of mind that comes with a predictable lifetime retirement income.

111,100 members

710 employers

20 industries

25 unions and member associations

Numbers are rounded.

Focusing on the long term

With strong Plan funding, investment performance, employer and membership growth, CAAT is built to deliver on its pension promise now and in the future.

Building and maintaining trust

There’s a reason that members have high trust in the Plan. In 2024, we continued to listen and deliver.

Our annual survey shows the continuing confidence members have in the Plan.

9 in 10 members:

  • Trust the plan.
  • Are confident their pension benefits are secure.

Creating valuable solutions for members

Our new GROWTHplus Investment Account meets the diverse and growing needs of Plan members.

New offering

GrowthPlus logo

CAAT members now have the option to grow their tax-sheltered savings together with their secure lifetime pension with CAAT and benefit from the Plan’s investment returns.

Explore the value of GROWTHplus

Creating valuable solutions for employers

Employers are looking for a modern workplace retirement solution that address their varied needs – with a partner they can trust.

That’s why nearly 100% of participating employers:

  • Believe CAAT has a sustainable model.
  • Believe in CAAT’s mission.
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Performance

Ensuring benefit security

The Plan remains strong, as of January 1, 2025, $1.24 is set aside for every dollar of pension benefit promised today and in the future.

$23.3 billion in net assets

$6.1 billion in funding reserves

124% funded

Delivering strong investment returns

2024's performance solidified our primary goal of strong 10-year investment returns.

10 year returns

9.6% 10-year annualized net rate of return

The above graph is for illustrative purposes only.

Delivering greater value to our members and employers

As a profit-for-members organization, our efforts focus on providing pension security and valuable enhancements so our members and employers see greater value for their contribution dollar.

As of January 1, 2025:

  • For DBplus members: You’ll see your pension factor increase, resulting in faster growth of your pension.
  • For DBprime members: You’ll see your contribution rates go down, allowing you to contribute less while continuing to earn the same valuable pension.
  • Inflation protection increases: As a result of the Plan's most recent funding valuation, inflation protection increases have been granted through to 2028.
See enhancements delivered
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Pride

Supporting our economy

In addition to investing in Canada, Canadian pension plans that provide secure lifetime retirement income are a powerful driver of the national economy.

$724 million in pension payments

In 2024, CAAT provided $724 million in pension payments to its retirees, allowing them to be confident participants in the economy.

Welcoming new industries and sectors to the Plan

The Plan’s continued growth across Canada reflects the increasing need for CAAT’s flexible, long-term pension solutions.

Some employers that joined the CAAT family in 2024:

Kid's Help Phone logo Ontario Native Women’s Association logo Community Living logo

Celebrating workplace excellence

In 2024, we were recognized for our strong engagement results and vibrant, inclusive culture that helps drive CAAT’s achievements. Our core values of teamwork, integrity and impact guide everything we do.

Awards

Benefits and Pensions Monitor award badge for 2024 Top Employer. Canadian HR Reporter award badge for 2024 Best Place to Work. Greater Toronto’s Top 2025 Employers logo. kudos award badge for Culture Leader 2024.