CAAT Pension Plan funded status grows to 120% with benefit security reserves of $2.6 billion

OPSEU Local 415

OPSEU Local 415 is the democratically-run body that represents Algonquin College full-time and partial-load faculty (professors and instructors), cousellors, and librarians.

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The CAAT Pension Plan stands 120% funded on a going-concern basis, with a funding reserve of $2.6 billion, based on its latest actuarial valuation as at January 1, 2019. This is an improvement over last year’s valuation that showed the Plan 118% funded with a funding reserve of $2.3 billion.

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David Haley, 1st VP OPSEU Local 415

CAAT Pension Plan Trustee

Pat Kennedy, President OPSEU Local 415

CAAT Pension Plan Sponsor

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