Copyright_Vadym Malyshevskyi_123RF

The Canadian Coalition for Good Governance is joining the Colleges of Applied Arts and Technology pension plan’s DBplus arrangement.

“Our participation in a [defined benefit] plan speaks to our beliefs and values as an organization and demonstrates our commitment to our employees,” said Catherine McCall, executive director of the CCGG, in a press release. “We want to provide our talented and hard-working team with the best solution for a secure and stable retirement. We are excited to be partnering with CAAT to do just that.”

Read: Saskatchewan pharmacy professionals joining CAAT’s DBplus pension

The CCGG is one of a number of organizations that have recently joined the CAAT’s plan, including the Saskatchewan College of Pharmacy Professionals and the OPSEU Joint Trusteed Benefit Fund. Earlier this year, the union representing Pacific Western Transit Canada workers in Pemberton, Squamish and Whistler, B.C., ratified a five-year collective agreement that will see members move to the CAAT’s DBplus arrangement.

As of Jan. 1, 2022, the CAAT plan had $18.2 billion in assets, a one-year net rate of return of 15.8 per cent and an annualized 10-year net rate of return of 11.1 per cent.

Read: CAAT reports 11% average 10-year net return