CAAT Pension “Securing your Retirement” session provided by President, Derek Dobson on Monday, January, 21, 2013. To view the presentation live go to https://www.algonquincollege.com/live/ To download the Securing Your Retirement PowerPoint presentation, click here
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The Ontario government is contemplating several pension-related changes, including the pooling of the pension fund assets of different plans.
This change was recently the focus of a Globe and Mail article. Although the article implies that decisions about asset pooling have already been reached, these conclusions are premature. The Plan continues to participate in the government’s consultation process, as there are ongoing meetings and discussions. We anticipate these discussions will last into October.
The Plan’s position, which we have announced on our website and in newsletters, is that a ‘one-size fits all’ solution will not serve the best interests of our beneficiaries.
If you haven’t already done so, please be sure to read and refer your members to the website page “Promoting your retirement security.” If you or your members have questions, feel free to contact us directly at contact@caatpension.on.ca.
Dear CAAT Pension Plan Member,
Please read this update posted on the CAAT Pension Plan website on March 30, 2012.
http://www.caatpension.on.ca/en/about-us/news/your-caat-pension-and-recent-budget-announcements
Effective April 1, 2012, you will be able to submit your benefit claims online. Active employees and retirees will have the option to submit paramedical, vision care and dental claims online by using Sun Life’s plan member site and completing the claim form electronically. This service is not mandatory.
In order to use this method of payment plan members must register for online access and sign up for direct deposit.
To register online go to: https://www.sunnet.sunlife.com/signin/mysunlife/home.wca or contact Sun Life directly at 1-800-361-6212 for assistance. Once registered, CAAT plan members and retirees will be able to submit on-line claims effective April 1, 2012.
Important Note: Please be aware that while the information pertaining to the claim is submitted electronically, plan members will need to keep their receipts for a period of 12 months from the date of claim in case Sun Life decides to audit your claim. Failure to provide receipts when requested by Sun Life will result in the plan member losing access to online claims, and possible further action.
https://www.algonquincollege.com/hr/files/2012/03/Online-Claims-March-2012-Final.pdf