OPSEU Local 415 Algonquin College Faculty Union
2021 - 2024
Collective Agreement
OPSEU Local 415 Algonquin College Faculty Union

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.

You may read the full article here: https://www.caatpension.on.ca/en/about-us/valuation-2019

—

David Haley, 1st VP OPSEU Local 415

CAAT Pension Plan Trustee

Pat Kennedy, President OPSEU Local 415

CAAT Pension Plan Sponsor

OPSEU Local 415 Algonquin College Faculty Union

OPSEU Local 415 proudly represents approximately 900 full-time and partial-load academic employees at Algonquin College. This group consists of full-time (FT) and partial-load (PL) professors and instructors, counsellors, and librarians.

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OPSEU Local 415 Algonquin College Faculty Union
2017 - 2021
Collective Agreement

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