Tag: CAAT Pension Plan
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Notice of Volunteer Position- OPSEU/SEFPO College Support Staff Full-Time Retiree Representative OPSEU/SEFPO CAAT Retiree Group Insurance Advisory Committee
Term of Office: May 5, 2025 – close of following Final Demand Set Meeting (TBD) Nominations: Please download, print out and complete this nomination form. Please email completed forms to gvolpe@opseu.org Deadline for Nominations: January 31, 2025, 5 pm Duties and Responsibilities The OPSEU/SEFPO CAAT Retiree Group Insurance Advisory Committee consists of one representative, each,…
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OPSEU/SEFPO seeking CAAT-Academic Retiree Volunteer
The Ontario Public Service Employees Union/Syndicat des employés de la fonction publique de l’Ontario (OPSEU/SEFPO) is seeking a retiree to represent OPSEU/SEFPO as a Trustee on the CAAT Pension Plan. This Trustee position rotates between OPSEU/SEFPO CAAT Support, OPSEU/SEFPO CAAT Academic and Ontario College Administrative Staff Association (OCASA). The appointment currently held by CAAT Support…
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Pension primer: any pension is great, but a defined-benefit pension is the gold standard
Workers need pensions! It’s important to understand the types of pensions for organizing, bargaining, and arranging your personal financial health. This post is a quick intro to Defined Benefit and Defined Contribution pension plans from the Pension & Benefits Unit. A pension is a form of retirement plan designed to provide financial support and income…
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College Support retiree needed as CAAT Pension Plan Trustee
The Ontario Public Service Employees Union (OPSEU/SEFPO) is seeking a retiree to represent OPSEU/SEFPO as a Trustee on the CAAT Pension Plan. This Trustee position rotates between OPSEU/SEFPO CAAT Support, OPSEU/SEFPO CAAT Academic and Ontario College Administrative Staff Association (OCASA). The appointment currently held by OCASA expires December 31, 2021. The next appointment is to…
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CAAT Pension Plan grows again
On June 1, 2021, OPSEU/SEFPO’s Local 446 members at Colleges and Institutes Canada (CICan) joined the CAAT Pension Plan’s DBplus plan. CICan employs about 100 OPSEU/SEFPO members. It advocates for public colleges across Canada and champions innovation in postsecondary education. Members have begun to convert their monthly employer RRSP contributions into CAAT’s defined-benefit pension plan,…
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The CAAT Pension Plan: yet another success story in 2020
In 2020, COVID-19 created upheaval throughout the world, including in the stock markets – and pension plans that depend on them for growth. Fortunately, when the pandemic hit, the CAAT Pension Plan was in a position of great strength. We’re pleased to say that it stayed strong throughout the year – and grew stronger. The…
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Injured Workers Day
Once again the Ontario Public Service Employees Union (OPSEU) is proud to stand in solidarity with injured workers, the Ontario Network of Injured Workers (ONIWG), other Unions, and the general public as we join the fight for justice on June 1st to mark Injured Worker Day. Activities at Queens Park begin the evening before with…
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Be an OPSEU pension trustee!
Three of the jointly-sponsored pension plans that OPSEU members belong to are looking for members to take on the important and fascinating work of being a pension plan trustee. Interested OPSEU members in the Healthcare of Ontario Pension Plan (HOOPP), the Ontario Municipal Employees Retirement System (OMERS), and the OPSEU Pension Trust (OPTrust) are invited…
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CPP expansion is right move for Ontario workers: Thomas
Toronto – Ottawa’s plan to expand the Canada Pension Plan (CPP) is “the right move for Ontario workers,” the President of the Ontario Public Service Employees Union says. “Our union, along with the rest of the labour movement in Canada, has always supported CPP expansion,” Warren (Smokey) Thomas said today. “The CPP is a tried…
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CAAT Academic Joint Insurance Committee
Appealing a Benefit Claim Denial Every month the CAAT Academic Joint Insurance Committee (JIC) reviews cases where decisions made by Sun Life resulted in claim denials the Extended Health, Dental, Long Term Disability, Life Insurance (including Basic, Supplementary, Supplementary Spousal and Dependent) and Critical Illness plans. When, in our analysis, we believe that an error,…
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An open invitation to all OPSEU CAAT Academic retirees
The Ontario Public Service Employees Union (OPSEU) is seeking a member to represent OPSEU as a Trustee on the CAAT Pension Plan for an upcoming vacancy. This Trustee position rotates between OPSEU CAAT Support, OPSEU CAAT Academic and the Ontario College Administrative Staff Association (OCASA). The appointment is currently held by OPSEU CAAT Support and…
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Divestment Pension Transfers Question & Answers
Information Surrounding Pension Transfers for Divested OPSEU Members OPSEU members who are still working and who may have pension contributions with more than one pension plan (OPT, HOOPP and/OMERS) have been sent, or will be sent over the next two months, information packages about their eligibility to combine their pensions in their current pension plan. …
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College Support (CAAT-S) Pension Committee
Veneise Samuels, Sponsor, Local 557, George Brown College, Email: veneise.samuels@gmail.com Virginia Di Monte, Trustee, Local 561, Seneca College, Email: ginandtonic56@gmail.com Rasho Donchev, Trustee, Local 559, Centennial College, Email: rdonchev@caatsupport.org Valerie Hoareau-Sayah, Sponsor Alternate, Local 416, Algonquin College, Email: sayahhv@gmail.com Paul Lahaise, Trustee 1st Alternate, Local 416, Algonquin College, Email: plahaise@gmail.com Edward Walker, Trustee 2nd Alternate,…
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Canada’s ten largest pension funds provide the strongest retirement income in the world, study concludes
Your pension at work Results from a landmark study were released in June 2013. This study shows the impact the top ten pension funds in the country, which include OMERS, HOOPP and OPTrust, have on the Canadian economy. Collectively, these pension plans hold over $700 billion in assets, $400 billion of which are invested in…