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The Financial Services Regulatory Authority of Ontario issues Notice of Intended Decision for the mergers of the defined benefit Torstar Pension Plans into the CAAT Pension PlanThe merger of the eight Torstar defined benefit pension plans into the CAAT Pension Plan is in its final stages. The Financial Services Regulatory Authority of Ontario (FSRA) has issued Notices of Intended Decision for the merger of the Torstar plans into the CAAT Pension Plan.
CAAT Pension Plan funded status grows to 120%
The CAAT Pension Plan stands 120% funded on a going-concern basis, with a funding reserve of $2.6 billion, based on its latest actuarial valuation as at January 1, 2019. This is an improvement over last year’s valuation that showed the Plan 118% funded with a funding reserve of $2.3 billion.
CAAT Plan wins pension performance award for membership growth strategy
The CAAT Pension Plan is honoured to be the recipient of the pension performance award as part of Benefits Canada’s 2018 Workplace Benefits Awards.