CAAT DBplus – Benefits Canada.com https://www.benefitscanada.com Canada's most influential pension and benefits publication for decision-makers Mon, 29 Apr 2024 14:20:04 +0000 en-US hourly 1 https://wordpress.org/?v=4.9.8 Employees of Canadian energy companies joining CAAT’s DBplus pension plan https://www.benefitscanada.com/pensions/defined-benefit-pensions/employees-of-canadian-energy-companies-joining-caats-dbplus-pension-plan/ Thu, 21 Mar 2024 19:00:25 +0000 https://www.benefitscanada.com/?p=153296 Employees of Candu Energy Inc., Canadian Nuclear Laboratories and Global First Power are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. Unionized members of Candu and CNL were previously in a defined contribution pension plan, while employees of Global First Power were enrolled in a group registered retirement savings plan, according to […]

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]]> Robinson Solutions, Unifor agreement includes pension, benefits gains https://www.benefitscanada.com/benefits/health-benefits/robinson-solutions-unifor-agreement-includes-pension-benefits-gains/ Wed, 31 Jan 2024 14:00:00 +0000 https://www.benefitscanada.com/?p=151331 The union representing more than 160 employees at facilities services provider Robinson Solutions in Oshawa, Ont. has ratified a three-year collective agreement that includes pension and benefits gains. The agreement includes enrolment in the Colleges of Applied Arts and Technology’s DBplus pension plan with a two per cent employer contribution. As well, full-time employees will […]

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]]> N.S. providing CAAT DBplus pension plan, comprehensive benefits plan to ECEs, support staff https://www.benefitscanada.com/news/bencan/n-s-providing-caat-dbplus-pension-plan-comprehensive-benefits-plan-to-eces-support-staff/ Fri, 05 Jan 2024 14:00:14 +0000 https://www.benefitscanada.com/?p=149610 The government of Nova Scotia is introducing a new benefits and pension package for roughly 3,000 early childhood educators and support staff. All employees will be enrolled in the Colleges of Applied Arts and Technology’s DBplus pension plan. The province will fund employers to provide pension contributions retroactive to Jan. 1, 2024. The province will […]

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]]> Top 10 pension stories of 2023 https://www.benefitscanada.com/news/bencan/top-10-pension-stories-of-2023/ Mon, 18 Dec 2023 14:00:58 +0000 https://www.benefitscanada.com/?p=148984 A survey on the retirement readiness of Canadian workers and a looming retirement crisis was the most-read pension story on BenefitsCanada.com this year. Here are the 10 most popular pension news stories of 2023: 1. Survey finds 44% of Canadian pre-retirees have less than $5,000 in savings 2. Ford, Unifor agreement includes significant DC pension improvements, transition to […]

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]]> Stellantis, Unifor agreement includes transition to CAAT DBplus pension plan https://www.benefitscanada.com/pensions/defined-benefit-pensions/stellantis-unifor-agreement-includes-transition-to-caat-dbplus-pension-plan/ Tue, 14 Nov 2023 14:00:31 +0000 https://www.benefitscanada.com/?p=147022 The union representing 8,200 Stellantis employees has ratified a three-year collective agreement that includes pension gains. On Jan. 1, 2025, employees hired on or after Sept. 19, 2016 and currently participating in the company’s defined contribution pension plan will be enrolled in the Colleges of Applied Arts and Technology’s DBplus pension plan. For plan members […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-57/ Fri, 20 Oct 2023 13:00:52 +0000 https://www.benefitscanada.com/?p=145632 An article on how flexible dress codes can support diversity, equity and inclusion was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: 1. How flexible dress codes can support DEI amid post-pandemic return to office 2. With Ford, GM employees set to join CAAT’s DBplus pension, what’s […]

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]]> With Ford, GM employees set to join CAAT’s DBplus pension, what’s next for U.S. auto workers? https://www.benefitscanada.com/pensions/defined-benefit-pensions/with-ford-gm-employees-set-to-join-caats-dbplus-pension-whats-next-for-u-s-auto-workers/ Tue, 17 Oct 2023 15:00:01 +0000 https://www.benefitscanada.com/?p=145134 While U.S. auto workers would like to see their pension plans converted from defined contribution to defined benefit, it may be more challenging than it was for their Canadian colleagues. The recent contract agreements for Unifor members at Ford of Canada and General Motors will see DC plan members move into the Colleges of Applied […]

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]]> Top 5 HR, benefits, pension and investment stories of the week https://www.benefitscanada.com/news/bencan/top-5-hr-benefits-pension-and-investment-stories-of-the-week-49/ Fri, 25 Aug 2023 13:00:02 +0000 https://www.benefitscanada.com/?p=142453 An article on the most recent changes to the Canada Labour Code was the most-read story on BenefitsCanada.com over the last week. Here are the five most popular news stories of the week: How recent Canada Labour Code updates are impacting federally regulated employers Report finds fewer employees going above and beyond in their jobs Half of […]

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]]> B.C. Transit’s Fraser Valley workers joining CAAT’s DBplus pension plan https://www.benefitscanada.com/pensions/defined-benefit-pensions/b-c-transits-fraser-valley-workers-joining-caats-dbplus-pension-plan/ Wed, 23 Aug 2023 13:00:09 +0000 https://www.benefitscanada.com/?p=142193 B.C. Transit’s Fraser Valley bus drivers are joining the Colleges of Applied Arts and Technology’s DBplus pension plan. After a strike action that lasted 124 days earlier this year, the Canadian Union of Public Employees Local 561 secured a new six-year contract agreement for its 213 members who work in the communities of Abbotsford, Agassiz-Harrison, […]

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]]> Is the single-employer DB pension plan dead or merely modernizing for the future? https://www.benefitscanada.com/pensions/defined-benefit-pensions/is-the-single-employer-db-pension-plan-dead-or-merely-modernizing-for-the-future/ Thu, 13 Jul 2023 13:00:01 +0000 https://www.benefitscanada.com/?p=140823 Predictions of the demise of defined benefit pension plans are premature. The reality is DB is still alive and well in the public sector, with a growing number of multi-employer plans making the promise of financial certainty in retirement provided by DB pensions available to private sector employers of all sizes. What’s under threat is […]

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