Official Website for OPSEU Local 415

CAAT Pension Plan funded status grows to 118%

Dear members, 

I am pleased to be able to convey to you some fantastic news of continued grown of our jointly governed CAAT Pension Plan, which stands 118% funded on a going-concern basis, with a funding reserve of $2.3 billion, based on its latest actuarial valuation as at January 1, 2018. This is an improvement over last year’s valuation that showed the Plan 113% funded with a funding reserve of $1.6 billion. 

For further details, I invite you to read the attached 2018-03-01 CAAT-Funding Valuation news release. 

Pat Kennedy

Faculty Sponsor of CAAT Pension Plan

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