TORONTO, June 23, 2021 / CNW / – Underlining the importance of providing employees with a lifelong secure pension, one of the Canada The oldest professional associations, the Ontario Dental Association (ODA), as well as Accerta, a growing B corporation, have joined the CAAT Pension Plan.
Effective June 1, 2021, ODA’s full-time employees have joined CAAT’s innovative DBplus defined benefit pension plan, available for jobs of various sizes, industries and sectors across the country. CAAT also welcomes the employees of Accerta, a subsidiary of ODA.
ODA and Accerta are joining other health care or welfare organizations, such as Sanofi Pasteur, Ontario Teachers’ Insurance Plan, and St. John’s Ambulance, that have chosen the CAAT plan. By moving from group RRSPs, employees now have lifelong access to predictable retirement income. You also benefit from the advantages of inflation protection, the spouse’s pension and the early retirement scheme.
The CAAT plan is open to growing membership from professional associations, nonprofit, for-profit, and public sectors in Canada. This includes jobs that currently offer defined benefit plans, defined contribution plans, group RRSPs, and those without company pension plans.
Although DBplus was only made available to Canadian jobs in 2019, over 80 employers have already joined. CAAT now has members all over Canada from 10 industries and is supported and involved by 16 unions and member associations. Notable employers are Brink’s Canada, Greater Toronto Airport Authority, University of Saskatchewan, SHARE, United Way of Greater Toronto Area, Lawyers finance and Sanofi Pasteur.
Quotes:
“We are excited to welcome the Ontario Dental Association and Accerta to the CAAT retirement plan. We always value partnerships with like-minded organizations and associations that understand the importance of providing service or care to their members and employees.”
– Derek W. Dobson, CEO, CAAT Pension Plan
“The Ontario Dental Association strives to be a top place to work, and that includes offering a competitive compensation package with dependable retirement benefits. It is important to us that everyone on our team has the assurance of having a secure retirement plan throughout their career. We look forward to working with CAAT on this goal. “
– Frank Bevilacqua, CEO, Ontario Dental Association Ontario
“Our participation in CAAT shows our commitment to our employees and our continuous endeavor to support them in the realization of their personal, professional and financial goals.”
– Peter oatmeal, President, CEO & Chief Privacy Officer, Accerta
About CAAT pension plan:
The CAAT Pension Plan was established in 1967 and is an independent, co-administered plan that offers two forms of a defined benefit pension. CAAT’s award-winning DBplus plan is driving the plan at an exceptional rate of growth. Originally created to the Ontario College system, the CAAT plan now proudly serves more than 125 participating employers from different sectors including for-profit, nonprofit and broader public sectors across the world Canada. It currently has over 70,000 active and retired members. The CAAT plan is respected for its expertise in pension and investment management and its focus on stability and performance security. At the January 1, 2021, the plan was 119% on a going concern basis with a $ 30.3 billion financing reserve. Fortune grew from $ 13.5 billion Early 2020 to $ 15.8 billion in 2021. Find out more at: www.caatpension.ca.
About the Ontario Dental Association:
The ODA is the voluntary professional association of dentists in Ontario since 1867. Today she represents more than 10,000 or nine out of ten dentists across the province. The ODA is Ontario Source of information about oral health and the dental profession. It is committed to accessible and sustainable optimal oral health for all Ontarians by working with health professionals, governments, the private sector and the public. Find out more at: www.oda.ca.
About Accerta:
Recognized as a leader in government sponsored health program management and transformation, Accerta is a B Corp certified social enterprise whose solutions reduce inequalities in public programs and reduce the administrative burden on governments and their stakeholders. Using modern solutions, it keeps pace with government needs and enables Canadians to achieve health equality. Find out more at: www.accerta.ca.
QUELLE CAAT pension plan
For further information: Lindsay Grillet, CAAT Pension Plan, [email protected], Cell: 416-909-5469
similar links
www.caatpension.ca
source https://dailyhealthynews.ca/historic-dental-association-prioritizes-employee-financial-health-with-dbplus/
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