CAAT Pension Plan Promoting Your Retirement Security
Posted on Wednesday, September 26th, 2012
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.
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