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CAAT Pension Plan Members from Community Living Toronto

Merger Update

September 18, 2020

Proposed Consent to Asset Transfer of Pension Plans with CAAT

For plan members of Pension Plan for Employees of Community Living Toronto (Registration Number: 0279513):

The Ontario pension regulator, the Financial Services Regulatory Authority of Ontario (FSRA), has advised that it will change how it will communicate its consent to the asset transfer (commonly referred to as “mergers”) with respect to the pension plan listed above.

In the past, FSRA has issued a Notice of Intended Decision (NOID) prior to providing its consent for a single employer pension plan to be merged with CAAT or another jointly sponsored pension plan. Given the extensive notice provided to date regarding the proposed asset transfers with respect to  the plan listed above and the delays related to the COVID pandemic, FSRA will not issue a NOID prior to issuing its consent regarding the merger of this plan. Instead, FSRA will issue its decision by letter to the plan administrators and/or their agents.

Given this change is being made while the applications are being considered for the plan of Community Living Toronto, those affected by the proposed merger of the plan listed above have 10 business days from the time this communication has been posted, to make written submissions with respect to FSRA’s proposed consent to the asset transfers.  

Please note that once those 10 days are completed (by October 1, 2020), and subject to consideration of any concerns or comments made to FSRA by those affected by the proposed merger, CAAT expects FSRA will issue its consent to the merger of the plan listed above, and the merger of the plan will proceed.

Should you wish to make comments or make submissions with respect to the merger of the plan, you may do so by contacting FSRA at:

Telephone: 416-250-7250
Toll free: 1-800-668-0128

Mailing address
5160 Yonge Street, 16th Floor
Toronto, Ontario
M2N 6L9

How we got here

On September 30, 2019, an overwhelming 93% of CL Toronto pension plan members voted in favour of merging with the CAAT Pension Plan. Employees from CL Toronto joined the CAAT Pension Plan effective October 1, 2019.

What is my DBplus contribution rate?

DBplus contributions are based on employment earnings and are matched dollar for dollar by Community Living Toronto.

Effective date Employee contributions (Plan Part A) Employee contributions (Plan Part B and eligible employees joining DBplus on/after the effective date)
October 1, 2019 9.0% 6.75%

Who do I contact if I have questions about my pension benefits or need to change my personal information?

Community Living Toronto member services at the CAAT Pension Plan
Toll Free: 1.877.477.3528
E-mail address:

Details about your new CAAT pension

If you have prior pension benefits from Community Living Toronto, your total annual pension will be the sum of two parts:

CL Toronto pension + DBplus pension = Total annual pension payable from the CAAT Pension Plan

  • Your CL Toronto pension is the pension you have earned up to September 30, 2019, which will be replicated and payable from the CAAT Pension Plan, once assets are transferred.
  • Your DBplus pension is the pension you are earning under the DBplus plan design as of October 1, 2019.

Inflation protection

Inflation protection increases are made when the CAAT Pension Plan is over 100% funded. This is called conditional inflation protection. Such annual increases are 75% of the annual percentage increase in the Consumer Price Index (CPI) and capped at 8% with a carry forward provision (i.e., in years when inflation is high, any amount above 8% would be carried forward and applied to inflation protection in the following years). Increases are effective on January 1st of each year.

Any benefit earned under the CL Toronto plan will receive conditional inflation protection beginning January 1, 2021.

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Questions? Contact Us

The CAAT Plan's member services team are available to answer any questions you may have.